Ask an Analyst: Talking About ESG & CRE Implications With Paul Fiorilla

Paul Fiorilla is Director of Research at Yardi Matrix. His research covers all facets of commercial real estate and he recently published a report highlighting different environmental risk levels across metro areas in the U.S. MBA Newslink interviewed him about the implications of recent environmental, social and governance trends.

Office Market Seeing Nascent Recovery

Activity in the 12 largest U.S. office markets indicates many have started their recovery from the pandemic-induced downturn, reported CBRE, Dallas.

Sublease Space Weighing Office Market Down

Office vacancy rates have risen significantly since the pandemic hit. Yardi Matrix, Santa Barbara, Calif., reported one big reason for the spike: nearly every market has seen sublease space available jump.

Rental Activity, Rent Both Increase

More renters moved last year than in 2019, and many of them relocated to big cities, reported Yardi Matrix, Santa Barbara, Calif.

Apartment Rents Jump at Fastest Rate in 2 Years

Apartment effective asking rents climbed 0.6 percent in February, the fastest single-month pace seen since the middle of 2019, reported RealPage, Richardson, Texas.

‘Murky’ Outlook for Office Sector

The U.S. office sector faces a “murky” future after a tumultuous 2020, said Yardi Matrix, Santa Barbara, Calif.