Shawn Elpel’s Post

Southern California Division Region Manager/Vice President - National Commercial Services

2mo

Despite high hopes for a rebound, the first quarter of this year saw a continued decline in CRE transaction volume. What's more striking is that this decline is evident even when measured in terms of space, rather than dollars, transacted. Senior CRE Economist @XanderSnyder examines this decline in volume and what may spark a recovery. #cre #realestateinvesting

Analyzing CRE Transaction Volume - Retail a Relative Bright Spot in Bleak Q1

blog.firstam.com

2 Comments

Tom Konkel

Partner at First Integrity Title Company

2mo

Thx Shawn. Good stuff. Hope all is well

Martin Gibeau

Leader of Operations and Business Development Management

2mo

Ouch!

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Shawn Elpel

Southern California Division Region Manager/Vice President - National Commercial Services
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SoCal Industrial Leasing Normalizes from Hot Streak

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Southern California Division Region Manager/Vice President - National Commercial Services
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First American Title - National Commercial Services on LinkedIn: #cre

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Shawn Elpel

Southern California Division Region Manager/Vice President - National Commercial Services
2d
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The last two years have been challenging for #CRE. Prices and deal activity are down, credit availability is limited, and interest rates have remained higher for longer than many anticipated they would two years ago. When will this CRE downturn end? Join Deputy Chief Economist @OdetaKushi and Senior CRE Economist @XanderSnyder for a live discussion on all the challenges facing the CRE market today, and where there exist silver linings. https://firstam.us/4bqCUKt .

Midyear 2024 CRE Outlook

ncsmarketing.firstam.com
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Shawn Elpel

Southern California Division Region Manager/Vice President - National Commercial Services
1w
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Great job by a great team! Awesome work Matt, Angie, Kelly and Roger!!
Matt Pilliter

Vice President, National Accounts Manager
1w

Another successful closing! Grateful for the trust and support of our valued clients, and thankful for our incredible Title and Escrow team - Roger Derilo and Kelly Simoneau
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Shawn Elpel

Southern California Division Region Manager/Vice President - National Commercial Services
1w
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Great work Matt, Roger, Kelly and Angie!
Matt Pilliter

Vice President, National Accounts Manager
2w

Just Closed!! A HUGE Thank you to our clients for their trust and continued support, as well as our fantastic Title and Escrow team, Roger Derilo and Kelly Simoneau for another seamless transaction. Contact us today for your next closing!
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Shawn Elpel

Southern California Division Region Manager/Vice President - National Commercial Services
2w
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Wondering why apartment prices are still soaring, even post-pandemic? Despite recent declines, per-unit prices remain higher than pre-pandemic levels. Dive into Senior CRE Economist Xander Snyder's analysis to uncover why certain units are showing more resilience amidst these shifts. #RealEstate #Multifamily #CommercialRealEstate

The Geometry of Apartment Prices: When Down Is Still Up

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Shawn Elpel

Southern California Division Region Manager/Vice President - National Commercial Services
3w
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Awesome job Janice, Mario, Jim and Mike!
Jim Sardo

AVP, National Account Manager at First American Title
3w

Thrilled to announce the closing of this construction loan with one of our long term and loyal clients. Thanks to the hard work of our First American, NCS title team Janice Treanor and Mario Valenzuela.
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Shawn Elpel

Southern California Division Region Manager/Vice President - National Commercial Services
4w
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In a market where multifamily cap rates are rising; the low transaction volume adds uncertainty to predicting prices and cap rates. Senior CRE Economist Xander Snyder breaks down how this affects the short-term trends in multifamily cap rates. #FirstAmEcon #Multifamily #CRE

What's that Apartment Building Worth? Fewer Multifamily Transactions Drive Market Uncertainty

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Shawn Elpel

Southern California Division Region Manager/Vice President - National Commercial Services
4w
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Join our experts, Jonathan Buss and Kirk Strandjord, as they discuss an "Overview of Endorsements" for #CRE on June 20th. Read our #CREInsider blog for a preview of this topic and REGISTER to save your seat. #blog #CLEwebinar #cre

Understanding Endorsements for Commercial Real Estate

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