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A recent survey found that 21 percent of company executives said they expect to reduce their office space in the next 12 months, At the same time, 72 percent of executives said they expect no change in their office footprint, CLICK ON HEADLINE FOR MORE
It’s no surprise that South Florida hotels, offices, retailers and restaurants were among the hardest-hit sectors in 2020. But there were also bright spots in the South Florida real estate market this year — because of and not despite the pandemic. CLICK ON THE HEADLINE FOR MORE
The events of 2020 will have a lasting impact on the real estate market, So are there trends real estate investors should watch out for in the coming year? CLICK ON THE HEADLINE, TO FIND OUT
With no COVID-19 vaccine expected anytime soon, office workers who can be productive at home are showing little desire to leave, and in many parts of the country they don’t even have the option. While In tech hubs, many CEOs are coming to the same conclusion — real estate is not a worthwhile expense. CLICK ON THE HEADLINE FOR MORE
The downturn will be the key determinant of how long and in what ways the real estate markets suffer. So is there a silver lining for real estate companies? As with the bottom of the housing crash, investors with a long view will find opportunities to pick up assets at distressed prices with low financing rates. CLICK ON THE HEADLINE FOR MORE