In little surprise, the Emerging Trends in Real Estate 2023 report from the Urban Land Institute and PwC US focuses on the way the commercial real estate industry has evolved since the onset of the COVID-19 pandemic in 2020. The report also looks at the more recent headwinds facing the CRE industry, rising inflation rates and persistently high inflation. CLICK ON THE HEADLINE FOR MORE
A period of record growth was fueled by inbound migration, strong consumer spending and record low interest rates — all of which drove billions of dollars invested in the development of millions of square feet of commercial real estate. Much of this was brought on by the pandemic. Now, the pandemic has subsided and the South Florida CRE market has come to a moment of reckoning. Or has it? CLICK ON THE HEADLINE FOR MORE
Impact Of Rising Interest Rates Mixed On Commercial Real Estate Read More »
After Hurricane Ian churned up the southwest coast of Florida, attention is now shifting toward recovery and rebuilding. But a huge cloud looms over the efforts: the state’s property insurance market is teetering on the brink of collapse. While the situation is less dire for commercial property insurance, there is still widespread concern the storm’s impact will have on an owners’ ability to insure properties going forward. CLICK ON THE HEADLINE FOR MORE
