News & Insights
The ongoing pandemic has turned many industries upside down. But in an interesting twist, experts say the multifamily space has navigated the crisis surprisingly well when you consider how things started.
In the News
Institutional Real Estate Inc.
The ongoing pandemic has turned many industries upside down. But in an interesting twist, experts say the multifamily space has navigated the crisis surprisingly well when you consider how things started.
The focus on Environmental, Social and Governance principles drives value for a long list of stakeholders, including commercial real estate investors.
The U.S. has experienced a dozen recessions in the last 70 years. For most, the cause can be linked to the financial markets. This time around, that’s not quite the case. What many consider to be the “COVID-19 recession” was triggered by an unexpected global pandemic and subsequent lockdown that seemingly brought the world to a screeching halt. Thousands of businesses were forced to close, at least temporarily, especially those in the non-essential in-person retail space.
For the first time an end to the COVID-19 pandemic is in sight. The daily case count has fallen substantially as more and more people have gotten the vaccine and there’s much talk about returning to “normal.” For millions of workers that means going back to downtown business centers and suburban office parks but make no mistake: the pandemic has left its mark, the new “normal” will be very different from the old one.
Sustainability continues to be a top priority for leaders across the globe, including newly elected U.S. President Joe Biden who has taken a whole-of-government approach to combating the ongoing climate crisis. In January 2021, Biden announced a series of executive orders, including his international and domestic climate change agenda that calls for investing in renewable and clean energy, rejoining the Paris Agreement, and achieving a net-zero emission economy by 2050. Nothing specific in these executive orders appear to point to the commercial real estate sector, but as plans are set in motion these actions will likely set a broader precedent for all industries. Here are some trends to look for as it relates to office:
For the first time it appears that the grip of the COVID-19 pandemic has begun to loosen. Hospitalizations and fatalities are down substantially from the highs seen in late 2020 and early 2021, and as a result it’s become possible to think in terms of a post-pandemic world.
Press Releases
Premier Office Magazine
Created to reach commercial real estate brokers, tenants and business leaders with insightful articles relating to leasing and managing operations in today’s modern office.
