AFIRE is the association for international real estate investors focused on commercial property in the United States (+ Summit Journal & The AFIRE Podcast #CRE)
@nardotrealtor has released the July #CRE Outlook, detailing how low leasing velocity and bank failures are impacting the market as a whole.
https://t.co/BA7Y82J2jw
Hospitality offers a beacon of light to some investors in the ongoing recession with its high demand and in-office workers. @Forbes writes:
https://t.co/5t3pCaxfYp
"Repurposed" office spaces, or those with more compatibility with flexible working arrangements post-COVID, are clear winners as occupancy remains low in many cities. From @rc_markets:
https://t.co/C4ikzvE7ZT
Cities nationwide are being forced to rethink their designs as cars are increasingly unpopular modes of transportation for many urban areas. More bike lanes and walkable neighborhoods are clearly important to citizens. @CityLab reports:
https://t.co/tr0VFcTHrw
The record-breaking heat of this summer has accelerated concerns about air pollution in several areas around the world. Some housing projects are experimenting with more AQI-conscious regulations (via @commobserver).
https://t.co/NacWZVYBZK
JUST ANNOUNCED speakers at the AFIRE Annual Members meeting Sept. 11-13 in New York City include @gmhcommunities, @AnthonyEMalkin, Michael Phillips of Jamestown, @ScottRechler, Steve Weikal of the @MITCRE and others. To register:
https://t.co/jEWUGhF0QL
While many sectors continue to struggle, student housing is coming into its own. College towns especially struggle with low housing supply, offering a unique opportunity for investors looking to grow multifamily portfolios. From @trdny:
8
https://t.co/DaULANddwP
Post-COVID, many hotels are instituting parking fees to grow revenue. Even as occupancy rates remain low, several businesses report a boost from collecting additional fees from guests. @GlobeStcom has more:
https://t.co/NisVPGSk2D
Anthony Malkin of @ESRTsocial, owner of @EmpireStateBldg, joins @gbranson on our latest podcast to discuss the modernization of the #Manhattan#realestate jewel. If the century-old Empire State Building, can do it, Malkin argues, others can, too.
https://t.co/4eic5BWZ0P
AFIRE members: The 2023 Global Real Estate DEI Survey from NAREIM launched this week, allowing real estate leaders the opportunity to provide an up-to-date benchmark for gender, ethnicity and nationality across commercial real estate industry globally. https://t.co/4VhWZYYyY9
Investors are stockpiling to fill the emerging equity gap. @pillsburylaw partners Andrew Weiner and Josh Becker provide context on these #rescuecapital deals—in the latest issue of AFIRE’s Summit Journal.
https://t.co/dGDZl6BPkf
Experts from Morgan Stanley caused a stir when they announced that the coming recession could be worse than the Great Financial Crisis, but other experts are weighing in with a bit less doom and gloom. @FortuneMagazine has more:
https://t.co/wqOeMWtTaM
CRE continues to be threatened by especially high rates of office vacancies post-pandemic, even as the stock market improves and the economy as a whole looks more hopeful. From @CityLab:
https://t.co/1NY36dcMB2
Central banks are taking measures to combat rate hikes, but these moves may just delay an even sharper spike in inflation going forward, particularly toward mortgage rates. @WSJ writes:
https://t.co/z9EofN3fw7
AFIRE members: The 2023 Global Real Estate DEI Survey from NAREIM launched this week, allowing real estate leaders the opportunity to provide an up-to-date benchmark for gender, ethnicity and nationality across commercial real estate industry globally. https://t.co/4VhWZYYyY9
Renters are targeted by housing search scams that duplicate real listings and trick would-be tenants into sending a "deposit" for the space. Proptech could offer a solution as the housing crisis makes renters especially desperate. @commobserver has more:
https://t.co/fBjJDjr8Sz
New from Summit Journal and @pillsburylaw: Hard times make for opportunistic strategies, and rescue capital could see increased adoption in the current climate. How should investors prepare? https://t.co/dGDZl6BPkf
In the latest Summit Journal, Brian Klinksiek, the global head of research and strategy at @LaSalleIM, argues that the fix for those empty U.S. downtowns involves a more European approach to development.
Learn more:
https://t.co/DzCYcPN0CU
#realestatedevelopment#CRE
Law firms traditionally take up a significant amount of office building leases nationwide, but that trend may be threatened. To date, lease renewals are down 13% among legal companies. @trdny reports:
https://t.co/mAfYCOZlzG
AFIRE members: The 2023 Global Real Estate DEI Survey from NAREIM launched this week, allowing real estate leaders the opportunity to provide an up-to-date benchmark for gender, ethnicity and nationality across commercial real estate industry globally. https://t.co/4VhWZYYyY9