This week’s roundup explores the cooling housing market and plummeting mortgage applications, potential tax-savings as a result of the 2022 Inflation Reduction Act (IRA), and new developments in the multifamily sector. Rising interest rates are impacting affordability and cooling the U.S. housing market, driving mortgage applications to lowest levels in…
This week’s roundup explores how Infrastructure Investment and Jobs Act (IIJA) funding is being deployed, mass timber is on the rise as decarbonization efforts continue, and commercial real estate remains distressed. With a flurry of high-profile projects, mass timber is gaining traction. (Jeffrey Steele, Commercial Property Executive) Commercial real estate is…
This week’s round-up dives into projections on construction inventory in the housing market, the first 3D-printed house, a replica of South Korea’s Seoul in the Metaverse, and more. Shifts that occurred last year and at the peak of pandemic have transformed the real estate industry, with 2023 emerging as something…
This week’s round-up dives into digital transformation in the construction industry, renewed interest in flexible workspaces, and how the infrastructure sector can become more resilient and sustainable, both economically and environmentally. Digital transformation in the construction industry is top of mind for many firms, but most are still in the…
This week’s round-up features green financing of hotels, efforts of the European Union to protect critical infrastructure, initiatives surrounding the IIJA to advance equity for historically disadvantaged businesses, and more. Commercial real estate experts and developers are anticipating the demand for industrial space, which has outpaced supply over the past…
This week’s round-up features virtual land marketplaces, proposed sanctions from the European Commission against Russia, ESG reporting and transparency in the real estate industry, and more. The European Commission is expected to announce a new round of sanctions against Russia, including a ban on real estate sales to Russian citizens…
This week’s round-up dives into the digitization of the real estate and construction industry, focusing on property technology, Web3 and non-fungible tokens (NFTs), and more. With hybrid occupancy dictating current working patterns, property owners turn to smart technology to optimize digital connectivity and reinvigorate workspaces. (Commercial Observer) Contrary to the…
The availability of construction jobs drops by 17.5%, company offices evolve to the here-to-stay hybrid working model, the House passes a $280 billion semiconductor package, and more. The House passed a $280 billion package to boost the semiconductor industry and scientific research, which will also lend towards the construction of…
Opportunities for early real estate investment in the Metaverse are worthy of consideration, but also come with significant risks. Originally published on Gravel2Gavel and recently featured in The Computer & Internet Lawyer, Pillsbury authors Robert Howard, David Wright, and Craig de Ridder take a look at the key questions potential metaverse…
Businesses renovate office spaces at a historic pace, China plans to build a 3D-printed hydropower dam without human workers, the U.S. infrastructure package has thousands of projects underway, and more. Miami’s crypto-real estate boom has been challenging all conventional wisdoms as the price of crypto currencies like Bitcoin have surged,…