17
Aug
2022
Revenue Surpluses Provide Opportunity for Tax Relief within States
Posted On August 17, 2022  By Toby Burke  And has No Comment

The economic slowdown from the COVID-19 pandemic initially raised concerns within states that general revenue collections would be lower than anticipated and, as a result, create shortfalls in maintaining a balanced budget. Although revenue collections from certain sectors of the economy, such as hospitality and tourism, […]

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08
Aug
2022
Economic Trends Underlying the Urban to Suburban Shift
Posted On August 8, 2022  By Marie Ruff  And has No Comment

Remote work has become the norm for many employees since the beginning of the COVID-19 pandemic, with no indication that full-time office attendance will return anytime soon – if ever again. The ongoing labor shortage compels companies to adapt their work-from-home policies to recruit and retain […]

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09
Jun
2022
Economic Drivers That Will Define the Post-pandemic World
Posted On June 9, 2022  By Jennifer LeFurgy, Ph.D.  And has No Comment

What can we learn from the past to better understand the possibilities of the future? Global economist Dambisa Moyo, Ph.D., told attendees at NAIOP’s I.CON East: The Industrial Conference this week in Jersey City, New Jersey, that there are several geopolitical trends impacting the world’s economy […]

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23
Mar
2022
The COVID Recession and the U.S. Economy – What’s Next?
Posted On March 23, 2022  By Kathryn Hamilton, CAE  And has No Comment

“What’s happening in the economy overall is complex,” said Christopher Thornberg, Ph.D., founding partner of Beacon Economics and keynote speaker at NAIOP’s I.CON West: The Industrial Conference this week in Long Beach, California. “Fourth quarter 2021 GDP [gross domestic product] was 6.9% and February unemployment was […]

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13
Jan
2022
How Will Inflation Impact Commercial Real Estate?
Posted On January 13, 2022  By Gary Tasman  And has 8 Comments

We’ve all noticed the change — at the supermarket, gas pumps, and nearly everywhere else. Whether it was the cost of your Christmas tree or your New Year’s Eve champagne, prices are significantly higher today than they were just one year ago. In fact, the Consumer […]

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15
Dec
2021
The Role of State and Local Governments in Spurring Economic Development
Posted On December 15, 2021  By Toby Burke  And has 1 Comment

Real estate developers and owners provide the commercial and residential space for individuals to live, work and play. State and local governments can play an important role in supporting this through incentives and other measures that ensure development projects financially “pencil” and are economically sustainable over […]

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01
Sep
2021
Four Perspectives on the State of the CRE Economy
Posted On September 1, 2021  By Marie Ruff  And has 3 Comments

Commercial real estate professionals always seek to determine where markets stand now and what to expect for the future. That future is particularly uncertain today as we see the continued impacts of the COVID-19 pandemic. JLL Chief Economist Ryan Severino shared his economic analysis in a […]

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18
Aug
2021
State and Local Governments Receive Federal Recovery Funds Under Interim Rule
Posted On August 18, 2021  By Toby Burke  And has 14 Comments

The federal government has provided additional support for state and local governments in response to the COVID-19 pandemic. President Joe Biden signed the American Rescue Plan Act (ARP) into law on March 11, which established the Coronavirus State and Local Fiscal Recovery Funds. The new federal […]

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29
Jul
2021
REIT Deal-Making is Robust in Light of Favorable REIT Outlook
Posted On July 29, 2021  By Sheheryar Hafeez  And has 6 Comments

Real estate investment trust (REIT) merger and acquisition activity has emerged from the pandemic in full force with some $75 billion in investment nationally from January through mid-July 2021. This robust activity is expected to continue throughout what could potentially be a record-breaking year. While all […]

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22
Feb
2021
How Supporting CRE Construction Could Drive the US Economic Recovery
Posted On February 22, 2021  By Linda Strowbridge  And has 6 Comments

Despite the severe economic downturn of 2020, the U.S. construction industry grew. Direct expenditures for building and nonbuilding construction climbed $51.7 billion to reach $1.4 billion for the year. Total jobs supported by construction grew by 400,000. And construction’s percentage of total U.S. GDP rose from […]

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