Commercial Real Estate & Business News – August 26, 2021
Office Asking Rates Rise Amid Falling Vacancies The emerging Delta variant of COVID-19 and a low vaccination rate have halted September return-to-work plans, prompting companies including Wells Fargo, Google or Amazon to postpone their moves and once again revisit their work strategies. Despite ongoing turbulences, office transaction activity holds strong, with…» What’s Behind Apartment Rents’ […]
Commercial Real Estate & Business News – August 25, 2021
Multifamily Outlook: Growth Undiminished by Pandemic-Related Disruptions The United States is well on a path of recovery from the COVID-19 pandemic shutdown that began in March 2020. More than 60 percent of the U.S. population has now received at least one dose of the vaccine, and more than half are fully vaccinated. Those figures increase […]
Commercial Real Estate & Business News – August 24, 2021
Compared to Last Year, Real Estate Executives Find a Moment of Positivity The pandemic has upended commercial real estate markets and created widespread uncertainty about when employees will return to the office. And yet, commercial real estate executives have never been more bullish about current market conditions since the Real Estate Roundtable began gauging…» Phoenix […]
Commercial Real Estate & Business News – August 23, 2021
Phoenix is No. 1 in U.S. for Population Growth by Numbers Within the United States, both natural population growth and the number of people moving are on the decline in recent years, according to the U.S. Census Bureau. But that doesn’t mean all the country’s towns and cities are experiencing population slowdowns. The city with […]
Commercial Real Estate & Business News – August 20, 2021
5% of Home Sellers Drop Prices in Recent Weeks, Report Shows The share of home sellers with price drops has now passed the 5% mark, according to a new report from Redfin, the technology-powered real estate brokerage. This is the highest level this measure has reached since late 2019 and it is still climbing during […]
Commercial Real Estate & Business News – August 19, 2021
To Support Sales Growth, Target Says It’s ‘Leaning Into’ Property Investments Target Corp. executives said the company might reach annual sales of $100 billion for the first time in its history, and the chain plans to spend some of that windfall on its property.To keep gaining ground, CEO Brian Cornell said Target is going to […]