by Jake Reid | 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, it was clear that the office asset class recovery had started to falter in the face of the ongoing recovery....
by Jake Reid | 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...
by Jake Reid | 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...
by Jake Reid | 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...
by Jake Reid | Nov 18, 2020
The announcement of successful vaccine trials and new concepts of employee work environments may be good news for the industry It’s no secret that the COVID-19 pandemic and accompanying lockdown have inflicted severe damage upon the world economy. That’s been...