In our latest roundup, hybrid work creates hope for the office sector, Texas lawmakers ease office-to-residential conversations, service-based tenants are expected to lease more retail space, and more! While demand is expected to remain strong, policy uncertainty and interest rates could pose problems in the coming year for renters. (Mary…
In our latest roundup, tech giants invest in new data centers, senators introduce bill aimed at price-setting algorithms, DoD stops PLA requirements, and more! The real estate industry is embracing AI for enhancements across a wide range of applications. (Kathleen Walch, Forbes) A joint venture among OpenAI, Softbank and Oracle…
In our latest roundup, Southern California wildfires impact supply chain, higher material prices threaten future project demand, commercial real estate distress strains regional banks, and more! Supply chain impacts from the Southern California wildfires have been minimal, however, challenges could come later once people begin to rebuild infrastructure and homes.…
In DOGE Puts GSA Leases in the Doghouse, colleagues Matt Carter, Michael R. Rizzo, Andrew J. Weiner, Christian A. Buerger, David L. Miller, Dinesh C. Dharmadasa and Allan C. Van Vliet explain why, even as the Trump administration may be utilizing early exit provisions in the GSA lease cancellations and terminations reported to date, prudent contractors…
In our latest roundup, construction technology funding stabilizes, office vacancies hit new high, builders outline recommendations to Trump, and more! Following a 44% downturn in construction technology investment in 2023, the contech funding ecosystem seems to have stabilized last year (Matthew Thibault, Construction Dive) The Federal Trade Commission and the…
In our latest roundup, infrastructure-related ballot initiatives, U.S. Green Building Council’s success stories, support for sustainable building, and more! 2024 is expected to see the highest rate of office conversions since CBRE began tracking them in 2016. (Nish Amarnath, SmartCities Dive) The Federal Housing Finance Agency has established lending caps…
In our latest roundup, construction output decreased, office utilization unchanged, September apartment starts fell 15% from a year ago as developers pulled permits, and more! Developers pulled permits for a seasonally adjusted rate of 398,000 apartments in buildings with five units or more, a 17.4% YOY drop and a 10.8%…
In our latest roundup, Hurricane Helene affects infrastructure, California Gov. Gavin Newsom signs bills aimed at renter protections, Federal Reserve kick-off rate-easing cycle, and more! Hurricane Helene illustrates how communities and infrastructure across the U.S. are unprepared for the extreme weather driven by climate change. (Julie Strupp, Construction Dive) The…
In our latest roundup, commercial mortgage bond market in trouble, commercial real estate investments, pressure on mortgage REITs, and more! Short-term issues facing U.S. commercial real estate have made it an investment opportunity and values have bottomed out. (CNBC) As organizations report plans to shake up their real estate portfolios,…
In our latest roundup, environmental regulations tighten for commercial properties, Wells Fargo sells most of its commercial mortgage services business, first-time home buyers struggle with housing affordability, and more! The U.S. Department of Justice announced that it is suing the real estate company RealPage, saying it engaged in a price-fixing…