Midwest Real Estate News - September 2021

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W W W. R E J O U R N A L S . C O M

SEPTEMBER 2021 VOLUME34

ISSUE5

CRE MARKETPLACE PAGE 45: ARCHITECTS/DESIGN-BUILD FIRMS BROKERAGE FIRMS DEVELOPERS LAW FIRMS

Steady times in Omaha:

Nebraska city remains resilient in face of pandemic By Dan Rafter, Editor

F

Noddle Companies is planning a new mixed-use project, Block 181, at the corner of 180th Street and Dodge Street in downtown Omaha.

ew cities across the country enjoy a commercial real estate market as steady as Omaha’s. Each year, this Nebraska city’s commercial real estate industry hums along, notching an impressive number of sales, leases and new development.

But what happens when a pandemic hits?

family and industrial sectors have continued to thrive despite the pressures of the pandemic. What’s Omaha’s secret? CRE pros here point to a pro-business government, a conservative nature when it comes to new development and a high quality of living that makes Omaha an attractive place for companies to locate.

Turns out, Omaha’s CRE market stays steady. That’s the consensus of the top commercial real estate pros serving this market. They say that the last 19-plus months have been challenging. But despite this, Omaha has proven resilient, and the city’s multi-

And even in those commercial sectors hit hardest by COVID, Omaha continues to be resilient, say the commercial real estate brokers here. OMAHA (continued on page 36)

FINANCE

Looking toward a big 2022: No slowdown expected in commercial financing requests By Dan Rafter, Editor

Like everyone working in commercial real estate during the last 19-plus months, the financial pros in the commercial lending industry have faced plenty of challenges as the COVID-19 pandemic refuses to fade. But like others in this industry, commercial finance professionals have worked hard to overcome these challenges. What has the last year-and-a-half-plus been like for the commercial finance industry? Midwest Real Estate News spoke with Jim Doyle, FINANCE (continued on page 33)


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