T$70B poured into life sciences companies last year. But capital — and real estate investment — will likely remain in key hubs. One of the obvious bright spots for some commercial real estate markets through the Covid-19 pandemic has been accelerated growth of life sciences. About $70 billion of public and private capital — a […]
These U.S. markets may see the biggest increases in apartment rents by year-end Commercial real estate data company Yardi Matrix has updated its multifamily rent forecast for 2021, with several markets receiving an upward revision in expected rental rate growth. In particular, smaller cities that today have relatively affordable rents are expected to see the […]
Real estate groups are converting hotels into new housing. But such deals are getting harder to come by. New Jersey real estate firm Lucern Capital Partners considered more than 30 hotel properties across the country to do a residential conversion before going under contract on one in November. The firm, which specializes in value-add apartment […]
Office lease terms getting longer after wave of short-term renewals during Covid — but flexibility still key Most office leasing activity since the Covid-19 pandemic has been renewals and short-term extensions as companies took a wait-and-see approach about the future of their space needs. In mid-2021, many companies are still not totally sure what their […]
Dude, where’s my desk? Many companies eliminating assigned workstations. Employees may be going back to the office, but their traditional desks might not be waiting for them. With many employers embracing a hybrid model that will allow more work-from-home flexibility, experts say more companies are considering an office hoteling setup that ditches assigned desks and […]
New JLL ‘Worker Preference Barometer’ reveals work-life balance more important than salary A majority of workers in a recent survey now say that work-life balance and the ability to flexibly work from home and at the office is now more important than pay. That’s the striking finding in a new “Worker Preference Barometer” survey by […]
Many small businesses are having trouble paying rent – and customers aren’t returning fast enough. More than half of minority-owned small businesses and more than a third of small businesses overall said they had trouble paying rent in June — and customers are not flocking back fast enough as Covid-19 ebbs. The findings come from […]
Remote workers are on the rise. Here’s what they want in a home city. Forget nightlife and entertainment — young, single remote workers looking to move are interested in the cost of living and safety. The survey — of 541 permanent, unmarried remote workers under the age of 35 — by utilities and television service lookup company InMyArea.com, […]
Cincinnati’s monthly rent increases soar, rank among largest in U.S. Cincinnati continues to enjoy competitive rental prices, but year-to-year increases in monthly rents here rank among the steepest in the U.S., according to a new report. Cincinnati renters endured the ninth-highest increase in monthly rents from May 2020 to May 2021 – 11.9% – out […]
Commercial Real Estate, the Future of Investing Triggered by strong fundamentals, infrastructural developments and conducive policy reforms, the Indian commercial realty has been embarking on a higher growth trajectory, contributing significantly to the country’s economic story. It has attracted equity investments worth over $15.4 billion since 2011, as revealed by a Knight Frank report. Owing […]