Tagged: remote work

CRE Predictions For 2023: Distress, Opportunity And Another ‘Roller Coaster’ Year

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December 20th, 2022

Pointing in the opposite direction from a year ago, the Federal Reserve has pushed its benchmark rate to 4.5% after starting 2022 near zero. This rapid change in the state of affairs has ground sales volume to a standstill and killed deals around the country. So what will happen in 2023 in CRE according to real estate professionals? It will be a lot of ups and downs and expect the unexpected. CLICK ON THE HEADLINE FOR MORE

The ‘Office Apocalypse’ Is Upon Us

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December 6th, 2022

Before the pandemic, 95% of offices were occupied. Today that number is closer to 47%. Employees not returning to downtown offices has had a domino effect: Less foot traffic, less public-transit use, and more shuttered businesses have caused many downtowns to feel more like ghost towns. CLICK ON THE HEADLINE FOR MORE

The 2023 CRE Outlook: CEOs Weigh In

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November 22nd, 2022

Economic uncertainty, global events and policy shifts could influence every CRE sector in 2023. Five CEOs from leading investment, finance and advisory firms made the case for cautious optimism as well as for making adjustments in the face of retrenchment. CLICK ON THE HEADLINE FOR MORE

Emerging Trends In Real Estate Report: Commercial Real Estate Enters Its “New Normal” Period

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November 8th, 2022

In little surprise, the Emerging Trends in Real Estate 2023 report from the Urban Land Institute and PwC US focuses on the way the commercial real estate industry has evolved since the onset of the COVID-19 pandemic in 2020. The report also looks at the more recent headwinds facing the CRE industry, rising inflation rates and persistently high inflation. CLICK ON THE HEADLINE FOR MORE