Economic conditions in the first half of 2022 were rough. Amid continued high inflation, rising interest rates, and a slowing economy, the S&P fell...
The promises behind this vertical metropolis, pointedly called “The Line,” are just as glossy as the mirror coating that will envelop it. The Crown...
Nearly three years after a very public implosion that resulted in a failed IPO and the ousting of the company’s co-founder and CEO, WeWork is grinding its way toward profitability. The 14-year-old company still has brand name power and is one of the largest co-working companies in the world in terms of square footage and locations. But it has struggled...
Singapore Wealth Fund, U.S. REIT Splurge on Suburban Office Properties
GIC, Workspace Realty Trust buy majority stakes in 53 buildings
A foreign wealth fund and a U.S. partner cast a billion-dollar wager on suburbs as the future of offices. Singapore’s GIC and Workspace Realty...
Commercial real estate has always been an easy bet for investors. Performance is predictable, and a good commercial building’s low-risk profile can help diversify...
If you’re confused about what affordable housing actually is, you’re not alone. The concept has been cleaved in political discourse so much that “affordable housing” has been frequently misinterpreted and obscured by many of the same myths as other social policies intended to assist low-income and vulnerable groups. To put it plainly, the federal government defines affordable housing as any...
Phoenix’s real estate market has been hot for quite some time, like much of the Sun Belt. According to Colliers, office, retail, and industrial...
No matter what industry you are in, the word “innovation” gets tossed around a lot, so much so that it has started to lose...
Office Building Developers Follow the Coffee
Data shows link between Starbucks openings and office rentals
There’s a crucial role that coffee seems to play in American culture. Don’t believe me? The National Coffee Association discovered that two-thirds of Americans drink coffee each day, which is more than any other beverage including tap water. Coffee has also become a staple of office work. The typical American office worker consumes 1,040 cups of coffee each year, totaling...
Developers, Rejoice: Carried-Interest Loophole Is Saved Again
Promotes are taxed as capital gains, making issue critical to industry
Closing the carried-interest loophole is a game of Whac-a-Mole the Democrats just can’t seem to win. And real estate players won’t shed any tears...
The multifamily market has been on a rollercoaster ride since the pandemic started, and the ride doesn’t look to be over soon. First, the...
Unless you’re tiptoeing back into society from an off-the-grid retreat, hearing that the economy has tumbled into a bear market isn’t breaking news. Wall Street hung its head on June 13th after the S&P 500 closed more than 20 percent beneath the high it reached in early January. Unlike a bull market, which typically lasts around 32 months, bear markets...