by Jake Reid | Mar 19, 2020
The outbreak of COVID-19 will certainly be a decrease in real estate demand drivers, but there will be some great buying opportunities. The coronavirus pandemic has substantially disrupted the global economy in weeks, and there is a wave of uncertainty taking over the...
by Jake Reid | Oct 21, 2019
Plenty of Headwinds Still Pose Risk “By 2020, tariffs already imposed or announced would shrink global GDP by 0.8%. That is equivalent to the whole economy of Switzerland.” – New IMF Managing Director Kristalina Georgieva, as the IMF further cut its global...
by Jake Reid | Oct 7, 2019
“Economists are really good at saying we just had a recession. They are not so good at expecting a recession.” –NY Fed President John Williams The trade war left its bruises all over the latest data reports. The ISM Manufacturing Index, an index of business...
by Jake Reid | Aug 27, 2019
Labor cost increases have eclipsed hotel revenues for the last three years, yet hotel analysts say the industry prepares to weather future economic hits. Two recent U.S. hotel reports paint an industry picture of slowing growth. Revenue per available room, or RevPAR,...
by Jake Reid | Aug 27, 2019
Just because signs are pointing to a downturn doesn’t mean every commercial real estate firm is anticipating dire consequences. Many have been waiting years for this moment to seize on opportunities. Economic indicators point to the U.K. and Germany entering a...