As vaccinations become increasingly common and available across the U.S., more companies are starting to return to the workplace. However, after a year or more of working at home, many employees have found that their priorities have begun to shift in terms of what they expect and desire from their employers. As employees and employers […]
The world of real estate has experienced an unprecedented level of disruption. There are changes to traditional service and business models, changing expectations of the workplace, and a heightened imperative to focus on safety, health and wellbeing. Touchless technology, social distancing sensors and other tools are key to bringing people back to the office safely. […]
In June, NAIOP conducted its eighth survey of its U.S. members on the impacts of COVID-19. Since April 2020, the association has examined the pandemic’s effects on commercial real estate and how firms have responded. Most American adults are vaccinated, and daily coronavirus case counts have plummeted in the five months since the previous survey. […]
Last week, commercial real estate property data and listings platform CommercialEdge published its most recent national office report, which paints a more current picture of office sector activity across the top 50 U.S. markets. Data analyzed for the June 2021 report found that: The average office lease rate was up 0.4% year over year, as […]
The COVID-19 pandemic interrupted a nearly 12-year growth cycle for the senior housing market, causing a drop in valuations to an eight-year low. Stabilized occupancy rates also fell to record lows due to infections, mandated holds on new resident admissions, safety concerns, and isolation fears. Rents, however, continued to rise, despite significant occupancy losses. In addition, […]
As more and more Americans get vaccinated, the U.S. job market continues its recovery. The number of weekly unemployment claims continues to drop. Seasonally adjusted data released on June 3 by the U.S. Department of Labor showed that jobless claims fell below 400,000 for the first time since March 2020. In April, employment across office-using […]
Last year was challenging for everyone as the world seemed to come to a halt. But, the transition to sheltering-in-place and working from home was helped immensely by the availability of two-day or same-day shipping — powered by a robust and growing industrial real estate market. In fact, the logistical backflips necessary to meet the […]
As senior vice president and senior director of research for JLL, Lauren Gilchrist, a recipient of NAIOP’s 2020 Developing Leaders Award, is sought after for her opinions by not only members of her own company but also leaders of other large companies and members of city government. Gilchrist moved from the public sector to the […]
