The news can be pretty negative in tone and cause frustration these days. But that doesn’t mean you should ignore it completely, especially if you’re a commercial real estate (CRE) professional who needs to stay tuned to trends and what’s going on in the world. It’s important to know what changes or news could affect your industry (and portfolio).
Here is the latest in our series of CRE-related articles, what each means for the industry and how the right commercial real estate software can help you address them.
This inaugural survey from JP Morgan shows commercial real estate leaders expect a recession in 2023. But they’re more optimistic than U.S. business leaders overall.
If it feels like investment in commercial real estate is down—a lot—it is, according to fourth-quarter numbers in a new report from CBRE. U.S. commercial real estate sales volume dropped by 63 percent year over year in the fourth quarter of 2022, to $128 billion.
Commercial real estate values continue to drop, but after a year of rapid interest rate hikes, investment advisory and research firm Green Street says the bottom is close — or already here.
From General Motors to Intel and US Steel, U.S. companies increasingly have been returning their manufacturing operations stateside. More than 1,800 companies re-shored their productions last year, according to a report from the non-profit Reshoring Initiative. But this isn’t really a story of reshoring, says Richard Thompson, international supply chain director at JLL.
Last December, a panel of New York City and State advisors led by Governor Kathy Hochul and Mayor Eric Adams published the “New” New York Panel for New York City: Making New York Work for Everyone. In what they deemed a new era of collaboration between city and state, the ambitious proposal sets forth three major goals, which are comprised of 40 detailed initiatives:
What the Fed’s latest increase means for dealmaking and capital availability.
In order to obtain and maintain a green real estate loan, the loan recipient must construct or renovate existing buildings to have minimal effect on the environment. The ultimate goal for green architecture is to achieve a zero-emissions (also known as “net-zero”) building standard. A zero-emissions building uses only renewable energy sources (meaning sources that do not emit carbon dioxide) for its energy supply, including lighting, heating, cooling and vehicle charging.
To stay updated on the latest market information, trends and more, request a demo of Quarem today to see all of the benefits our CRE tool has to offer.