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Your Detention Basin Takes a Fifth of the Site. Nobody Is Reforming That One.
The old industrial rule of thumb was that 15 percent of a greenfield site went to the detention basin. Practitioners now budget closer to 20. While dozens of American cities dismantled parking minimums and celebrated the land they recovered, the requirement that consumes the second largest share of a commercial site moved the other way.
1 day ago


Two Hundred Moratoriums In, Nobody Is Arguing About the Building
In May a Virginia county turned down a 427-acre data center campus that arrived with a $21 million proffer package and a 6-1 recommendation from its own planning commission. The vote was 4 to 3 against. What killed it was a water estimate and a substation, both of which live on the site plan rather than in the server room.
1 day ago


Builders Stopped Digging. They Did Not Stop Filing.
In July, housing starts fell 12.4 percent in a month and 13.5 percent in a year. Building permits rose 5.0 percent. The two numbers reconcile in a line almost nobody reads: 279,000 units are now authorized and not started, up 10.3 percent year over year.
1 day ago


America Built Too Much Storage. Just Not Everywhere.
National self storage supply sits at 7.8 square feet per person, almost exactly the industry's equilibrium benchmark. New construction is falling and rates are bottoming. Meanwhile Chicago has banned the use from most commercial districts and Atlanta, the country's busiest storage construction market, has stopped issuing permits altogether. Neither city cited oversupply. They cited jobs per acre, and that is a durable revaluation rather than a supply cycle.
Aug 20


The Acre Test: How Much Land Each Asset Class Actually Needs
A limited service hotel in South Florida and an assisted living building in suburban Maryland have nothing in common. Yet when engineers measured peak parking demand at each, they arrived at the same number: 0.58 spaces per room, and 0.58 per unit. Codes require between one and two. That gap is not a parking story, it is a land story, and it runs through every asset class in commercial real estate.
Aug 20


What a Parking Minimum Costs You, Measured in Units
In 2013 Portland reimposed parking minimums on residential buildings of 31 units or more. Permit applications promptly spiked for buildings of exactly 30. Developers were stopping one unit short because the thirty-first triggered six required stalls, and six stalls cost more than one apartment earned.
Aug 20


Four Acres and a License: What Actually Decides a Senior Housing Deal
Senior housing occupancy has risen for twenty consecutive quarters and inventory is growing at four tenths of one percent. Fewer than 16,000 units are under construction nationally against a cohort that started turning 80 this year. This should be the easiest development case in American real estate. It is one of the hardest, and the two reasons are both decided on a plan set: you now build 889 square feet to rent 490, and most zoning codes call the use an institution and sen
Aug 20


Everyone Wants to Camp. Almost Nobody Is Building Campgrounds.
Between 2024 and early 2026 the trade press documented 5,716 new campsites across North America. Set against a private inventory of roughly 1.3 million, that is net growth of about two tenths of one percent a year, while 52 million households camp and public capacity shrinks under a maintenance backlog that just lost its funding. The reason is not money.
Aug 19


Twenty-Nine Acres and 450 Trucks: The Asset Class Nobody Writes About
The Petro at Gary, Indiana runs 450 truck parking spaces, 62 car spaces and sixteen diesel lanes across 29 acres. A gas station sits on two to four. These are not the same asset class, and the difference explains why America has a documented, federally measured truck parking shortage that Washington has started funding and the private market still will not solve.
Aug 19


The Tunnel Boom Has Peaked. Here Is Exactly Where.
Zips filed for Chapter 11 in February 2025 carrying 653.9 million dollars of debt. Twenty days later Driven Brands sold its entire US car wash business and left the category. Both happened while industry revenue was rising and chains were still opening stores. The explanation is in a number almost nobody outside the industry reads: membership revenue keeps climbing while walk-up revenue shrinks, and a new tunnel cannot inherit a membership base.
Aug 19


The Permit Pulse: What 5-Unit-and-Up Filings Say About the Next Cycle
Between 2022 and 2023, multifamily permitting fell more than seventeen percent and the story became the slump. Almost nobody noticed it ended. Full-year 2025 came in at 516,886 units, up 5.6 percent, and the December rate was the strongest since mid-2023. What the national number hides is that the recovery did not happen where the boom did.
Aug 19


Your Permit Clock Starts Later Than You Think
In March, San Francisco's Budget and Legislative Analyst reported two numbers for the same permits: a 280-day median from filing, and 114 days once the pre-acceptance phase was stripped out. Same city, same department, same era. The difference is where you start the stopwatch, and nearly every American jurisdiction starts it late.
Aug 19


The Industrial Outdoor Storage Development Guide: Zoning, Site Standards, and What It Costs to Build Truck-Parking Yards
Industrial outdoor storage has become a $200 billion asset class defined by a shrinking supply of legally compliant land. This guide maps zoning treatment across major metros, decodes the ARC model ordinance's site standards, and builds the full cost stack — from 12'×80' stall geometry to stormwater vaults — against the per-acre rents and margins that make truck yards pencil.
Jul 3


Warehouse Club Site Requirements: Inside the Costco-Class Development Prototype
Warehouse club site requirements are among the most demanding in retail development: 20-plus acres, 700-plus stalls, fuel queuing engineered to the car-length, and trade areas of 150,000 or more. This analysis breaks down the Costco-class prototype — building standards, land economics, demographic thresholds, and the 18-to-36-month entitlement path — for the developers, lenders, and municipal planners who underwrite them.
Jul 3


The Grocery Store Development Playbook: Site Requirements, Parking, and 2026 Build Costs
Full-service supermarket development in 2026 demands $11–14 million in total cost, four to eight acres, and a parking field larger than the store itself. This playbook breaks down the construction cost stack, site and loading requirements, parking standards amid the reform wave, and the capital markets thesis keeping grocery-anchored retail the most financeable format in commercial real estate.
Jul 3


Home Depot vs. Lowe's in 2026: Store Count, Real Estate Footprint, and What Their Expansion Strategies Mean for CRE Investors
Home Depot and Lowe's occupy the same retail category but have pursued radically different real estate strategies over the past seven years. One brand added stores; the other shed over 400. The resulting divergence — in cap rates, lease structures, store footprints, and dark-box absorption risk — produces two fundamentally different investment theses for NNN investors, developers, and CRE lenders.
Apr 15


Parking Ratio Requirements for Commercial Real Estate: A 2026 National Benchmark Database by Asset Type
Parking ratios govern what gets built — and what never breaks ground. This 2026 national benchmark database cross-references minimum and maximum parking requirements across five commercial asset classes and the fifty largest U.S. municipalities, with per-stall cost analysis and a market-by-market reform tracker for site planners, traffic engineers, and development lenders.
Apr 10


Environmental Site Assessment (Phase I & II) Integration with Commercial Site Plans: What Developers and Lenders Must Coordinate in 2026
Environmental risk has become a threshold issue in CRE underwriting — and the firms that understand how Phase I and II ESA findings integrate directly into commercial site geometry now hold a decisive edge. From vapor intrusion setbacks and utility rerouting to PFAS-driven due diligence and lender mandates under SBA SOP 50 10 8, this analysis maps every coordination point developers and capital partners must command in 2026.
Apr 10


The capital allocator's dilemma: where an acre of dirt works hardest in 2026
Which asset class converts an acre of entitled land into the most durable, financeable cash flow? This analysis benchmarks RV parks, multifamily apartments, and hotels across revenue per acre, all-in development cost, yield-on-cost, and lender appetite — revealing a surprising hierarchy that institutional investors and CRE lenders need to understand heading into 2026.
Apr 9


Highest-and-best-use site analysis: a complete data brief for MMCG's 2026 framework piece
Highest-and-best-use analysis is no longer a checkbox in the appraisal report — it is the analytical foundation on which development decisions, land pricing, and institutional underwriting are built. This framework walks developers, lenders, and investors through the four HBU tests, residual land value mechanics, zoning envelope strategies, and the site planning deliverables that determine whether a feasibility conclusion holds up under scrutiny.
Apr 7
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