Before the pandemic, 95% of offices were occupied. Today that number is closer to 47%. Employees not returning to downtown offices has had a domino effect: Less foot traffic, less public-transit use, and more shuttered businesses have caused many downtowns to feel more like ghost towns. CLICK ON THE HEADLINE FOR MORE
The ‘Office Apocalypse’ Is Upon Us Read More »
The Fed has boosted the cost of short-term borrowing aggressively this year in its battle to curb inflation. But according to New York Federal Reserve President John Williams, a rate cut is possible in 2024 as inflation pressures likely ease. CLICK ON THE HEADLINE FOR MORE
Fed Could Lower Interest Rates In 2024 Read More »
Economic uncertainty, global events and policy shifts could influence every CRE sector in 2023. Five CEOs from leading investment, finance and advisory firms made the case for cautious optimism as well as for making adjustments in the face of retrenchment. CLICK ON THE HEADLINE FOR MORE
The 2023 CRE Outlook: CEOs Weigh In Read More »
