GlobeSt.com, Aug. 23, 2021–Lynn PollackAverage office occupancy will likely “never” return to pre-pandemic levels, according to one US-based analyst surveying the sector.https://www.globest.com/2021/08/23/office-occupancy-may-never-return-to-pre-pandemic-heights-green-street/?
Category: Top National News
Does It Make Sense to Turn Empty Retail Boxes into Short-Term Warehouses?
Wealth Management Real Estate, Aug. 18, 2021–Patricia KirkThe strategy can help keep revenue coming in while the spaces are marketed to long-term users, according to some experts.https://www.wealthmanagement.com/retail/does-it-make-sense-turn-empty-retail-boxes-short-term-warehouses
Solving for Lacking Accountability in Diversity Initiatives
PropModo, Aug. 13, 2021–Kyle HagertyJust four percent of real estate companies are owned by women or minorities. In commercial real estate, in particular, the lack of diversity is becoming a …
Rental Bidding Wars are Heating Up as the Economy Improves in a Tight Housing Market
CNBC, Aug. 11, 2021–Diana OlickThey are usually reserved for homebuyers, but bidding wars are becoming more common in the rental home market. Demand for apartment and single-family rentals is surging …
Covid-19 Rent-Relief Program Marred by Delays, Confusion, Burdensome Paperwork
Wall Street Journal, Aug. 11, 2021–Will Parker and Andrew Ackerman (subscription)More than seven months after it was launched, the biggest rental assistance program in U.S. history has delivered just a …
VICI to Acquire MGM Growth Properties for $17.2B
GlobeSt.com, Aug. 04, 2021–Erika MorphyVICI Properties is acquiring MGM Growth Properties for $17.2 billion, including the assumption of $5.7 billion in debt. When the deal is complete, VICI will have …
Credit Union Economist Says Rising COVID Concerns Pushing Down Interest Rates
Credit Union Times, July 27, 2021–Jim DuPlessisCUNA Mutual Group’s latest report said lower interest rates are being driven by the market’s expectations that Americans will take longer to reach herd …
Commercial Property Sales Volume Returns to Pre-Pandemic Levels
Wall Street Journal, July 27, 2021–Esther Fung (subscription)Recovery has been fueled by low interest rates and optimism on fight against Covid-19https://www.wsj.com/articles/commercial-property-sales-volume-returns-to-pre-pandemic-levels-11627387380?
Path to Prosperity in a Post-COVID CRE Economy: Four Experts Discuss
Commercial Observer, July 27, 2021Subject matter experts from the Federal Reserve bank, NYU Schack Institute, Carlyle Capital and Reonomy discuss COVID recovery and the implications for commercial real estate professionals.https://commercialobserver.com/2021/07/path-to-prosperity-in-a-post-covid-cre-economy-4-experts-discuss/
Is the CRE Industry Progressing on Diversity and Inclusion Efforts?
Wealth Management Real Estate, July 26, 2021–Patricia KirkWhat real estate brokerage and investment firms have been doing recently to increase diversity among their ranks?https://www.wealthmanagement.com/investment-strategies/cre-industry-progressing-diversity-and-inclusion-efforts?