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News & Insights

National Insights

12/08/2025

Economic Insights: Price vs. Value – Making Sense of Cap Rate Spreads in Shifting Markets

Written By National’s Head of Research and Analysis, Darob Malek-Madani  Eighteen months ago, the real estate market was in the middle of a period of rising cap rates (and therefore falling values). In our blog post from early 2024, “The Wild World of Property Valuations: A Tale of Price vs. Value Cap Rates”, we examined a world where valuation cap rates across property […]

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National Insights

09/04/2025

Hedging Opportunity: Commercial real estate can serve as an effective hedge against inflation

In recent years, inflation surges have remained above target, creating persistent market challenges for investors. The environment has raised the demand for strategies that can help mitigate volatility and preserve long-term value. In the latest issue of IREI Americas, Jeffrey Kanne, President & CEO of National Real Estate Advisors, and Darob Malek-Madani, Head of Research […]

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Construction & Development

06/24/2025

Construction Spotlight: The Noble – A Vision for Connection and Community in Northern Liberties

An Interview with Peter Epstein, Director of Development, National Real Estate Development   What makes The Noble such a standout development in Philadelphia? Pete: The Noble is a unique, 360-unit multifamily building located in Northern Liberties, Philadelphia. It integrates with and takes its design cues from the neighborhood’s authentic identity, while offering an exceptional living […]

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National Insights

04/30/2025

Turnkey vs. Powered Shell Leasing Strategy

The evolution of data center leasing strategies has significantly influenced the dynamics between operators and tenants, ultimately driving industry growth. Historically, the powered shell leasing structure was the dominant model, resembling a triple-net (“NNN”) industrial lease. However, the industry has increasingly shifted toward turnkey leasing structures, redefining operational responsibilities, capital expenditures, and tenant relationships. Understanding […]

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