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The commercial real estate market is still reeling from the aftermath of the pandemic—and 2023 was a particularly bad year for the sector. Last fall, Julie Whelan, CBRE’s global head of ...
Sooner or later, commercial real estate’s day of reckoning had to come. Following an era of “cheap money” that stretched all the way back to the 2008 housing crash and Great Financial Crisis ...
Commercial real estate has cratered after the pandemic despite a shift to hybrid work that has brought some people back to the office. Financial services giant PwC, however, said in a report on ...
The US Commercial Real Estate Index ("CREI") is designed to demonstrate the relative strength of the US Commercial Real Estate market. Created in 2014, the US CREI was created by CRE Demographics, LLC, and examines eight economic drivers in order to determine relative market strength. [1]
53151043. The Real Deal is a media company with a focus on New York City, South Florida and Los Angeles. The news outlet was started in 2003 by Amir Korangy, and focuses on both commercial and residential real estate. The online and print publication, which serves as a source for other periodicals, [1] was self-proclaimed "the must-read news ...
NYC's Rising, Nearly $4,300 Rent 'Bucks' Flat Nationwide Trends: Study. Rent is up 20 percent over the past year, and 50 percent since pre-COVID, a new study found. Matt Troutman, Patch Staff.
2020s commercial real estate distress. 2020s commercial real estate distress was a worldwide spike in commercial real estate distress that began in the 2020s in the wake of the COVID-19 pandemic and interest rates hikes by central banks in response to the 2021 inflation crisis. Although the increase in distress occurred globally it was most ...
It's been 30 years since commercial real estate market was this bad—and that represents a generational entry point for investment, according to a top developer. ... CBS News. Wendy's offers $3 ...
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