The Pandemic Takes Another Shot at the Office Asset Class

by | Nov 30, 2021

Occupancy fell by 2 million square feet as of November, compared to the third quarter in 2021.   Even before the emergence of the Omicron variant, office asset class recovery started to falter in the face of the ongoing recovery. Occupancy fell by 2 million...

CRE Gets Boost as Economy Adds 379,000 Jobs in February

by | Mar 5, 2021

Most of the job gains were in the leisure and hospitality sectors. The US economy showed its clearest sign yet of recovery with February’s unemployment report released this morning by the Bureau of Labor Statistics: Some 379,000 jobs were added to US payrolls last...

Making sure the price is right: the science of CRE appraisal

by | Jan 22, 2021

A meticulous process is in place to help determine the market value for buyers and sellers Everything that’s up for sale has a price tag. We take it for granted. Whether it’s a piece of gum or a skyscraper, someone has to make an educated estimate of the item’s market...

What the Stimulus Measure Offers CRE

by | Dec 22, 2020

The bill extends temporary relief from Troubled Debt Restructuring under the CARES Act for an additional year, to January 1, 2022. Finally, Congress has passed another stimulus measure. A $900 billion bill that includes several provisions beneficial to commercial real...