Industry insights, market outlook reports and commercial real estate
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Discussing the future office space dynamics on CBC Chatter, led by Daniel Spiegel.
Hybrid Healthcare Center Models Ignite Further Growth in Booming Medical CRE Sector.
Dark stores illuminate retail adaptation in a post-pandemic world, shaping future shopping behaviors.
WMRE and CBC's Dan Spiegel discuss CRE expectations for 2022, offering valuable insights.
From August through October 2021, total sales were up 15.4% from the same period a year ago. U.S. retail and food service sales for October alone were $638.2 billion, up 1.7% from the previous month despite rising inflation and supply chain disruptions.
As most students resume in-person learning this fall, there are several implications for the commercial real estate market. From private schools to higher education institutions, academia is turning a new page after the COVID-19 pandemic forced millions of students into virtual classrooms.
For the battered retail sector, 2021 seems to have good things in-store. Just recently, the National Retail Federation issued a revised forecast for the year, anticipating that retail sales will now grow between 10.5% and 13.5% as the economy accelerates its pace of recovery.
During the conversation, Spiegel and McGue addressed the multifamily market as it stood pre-pandemic and what was happening. The first virtual event of its kind featured Daniel Spiegel, Managing Director, and Daniel McGue CBC's top multifamily producer in San Francisco.
Those who fled congested cities during the COVID-19 lockdowns are beginning to return to luxury multifamily buildings. GDP forecasts indicate apartment occupancy rates will return to 2019 levels by the end of the year.
Real estate premise expenses can consume as much as 20% of revenue for many businesses, making it one of the top operating costs. It is therefore no surprise that in these times of uncertainty, tenants are looking for short-term liquidity from their long-term lease commitments.