Watts Happenings: News & Blog

“For those in hotbeds of catastrophic perils, it’s going to be a rough year.” That’s how Chip Stuart, the North American practice leader for Hub Real Estate Specialties, summed up what’s ahead for property risk management in 2023.Hub predicts that in...

Despite staunch opposition from the multifamily industry, rent control is unquestionably gaining traction. In 2022, rent regulation emerged a clear winner in municipalities around the country. The apartment sector faces an intensified challenge of articulating the case against re...

Just dropping this here to recognize Chip on his Birmingham Business Journal's "Who's Who in CRE"!Just look at all those designations y'all. It means Chip knows a thing or two about commercial real estate.

For those of you who wonder about offer presentations, here’s a very direct article for consideration. If it’s in an email or handwritten on a napkin, real estate agents in Alabama must present your offer to the Seller - by law. Period. Although this article is specif...

Property owners are leaning heavily on their property managers to stay abreast of what’s next in the shifting regulatory market. And while recent and suggested actions from the Biden Administration have garnered some attention, according to Chip Watts, CPM, CCIM, the item l...

Chip was quoted recently in the New York Time's regarding the technological transitions some buildings will be making, or maybe not, as the pandemic resides.  In a contact-less world, a building's OS will play a bigger part in security, health status, and building ef...

As a father of a Marine, Chip was honored to spend time with the U.S. Marine Toys for Tot Foundation in late December during the recent Institute of Real Estate Management® (IREM) Boston Metropolitan Chapter No. 4 Holiday Celebration and Chapter Awards Night. Full Articl...

(This article, in slightly different form, originally appeared in Wealth Management Real Estate.)  Adaption of sustainable building practices will make industrial property managers’ jobs easier.  “Inclusive and sustainable development.” That&rsquo...

(This article, in slightly different form, originally appeared in Wealth Management Real Estate.) Accredited Management Organization certification can help build trust in your firm among building owners and investors.This month, the Institute of Real Estate Management c...

(This article, in slightly different form, originally appeared in Wealth Management Real Estate.)PhilippBirmes/PexelsThe 700,000-square-foot AT&T City Center, here in the urban core of Birmingham, AL, is being converted to a massive mixed-use complex of residential, offi...