HOW HOTELS AND RESORTS ARE REBOUNDING IN 2023
The following is a thought leadership post from Dan Spiegel, SVP & Managing Director — Coldwell Banker Commercial Worldwide, the hotel and resort industry peaked at $1.52 trillion in 2019. Following the travel restrictions during the pandemic, the industry is still in recovery mode. Unsurprisingly, the market decreased significantly in 2020 and 2021 – dropping below $1 […]
OPPORTUNITIES AND TRENDS IN THE POST-PANDEMIC OFFICE SECTOR FOR 2023
If you have read any article on the #office sector for 2023, you know that the future remains uncertain nearly three years after the pandemic disrupted the industry. According to the latest CommercialEdge office report, 2023 will bring further uncertainty to the office sector as we enter the post-pandemic phase. Although some companies are becoming more aggressive about returning […]
PROFESSIONAL QUALITY CRE PHOTOS ARE WITHIN YOUR REACH
If you own an iPhone, there’s no reason to settle on poorly shot, dark or blurry photos for your #cre property listings. Here are a few basic tips to get the most out of your iPhone camera. One of the simplest things to begin to use is the rule of thirds. The rule of thirds is a […]
PLAN FOR SUCCESS: THE PATH AHEAD
Previous segments of this blog series touched on the disconnect between workers and employers, the shifting priorities and values of the general workforce and the role management and leadership plays in DEI initiatives. In this final installment, we dive into what it will take for savvy companies to position themselves for success. With most businesses […]
DEI BEYOND LIP SERVICE: CRUCIAL CONSIDERATIONS
There’s no disputing that as an industry, commercial real estate lags in terms of diversity, equity and representation. It’s also undeniable that industry leaders have taken great measures over the past decade to catch up. Despite this, there’s plenty of room for improvement—especially for companies looking to retain and maintain a diverse, productive and satisfied […]
HOW THE PANDEMIC HAS TRANSFORMED OFFICE DESIGN FOR THE BETTER
The following is a thought leadership post from Dan Spiegel, SVP & Managing Director — Coldwell Banker Commercial Stay-at-home orders shook up the way we work, and many are still adjusting today. Most offices were forced to rethink how their team works together and individually. HRDive reports that 9 in 10 companies will require a “return to […]
SMALLER FOOTPRINTS CAN LEAD TO BIG GAINS FOR RETAILERS
While the past few years have seen brick-and-mortar retailers embrace big-box stores with large footprints, a recent study from placer.ai found that smaller stores come with their own set of benefits. A growing number of tenants are experimenting with reduced footprints in a variety of ways. The obvious benefit to smaller-format stores is reduction in […]
RENT INCREASES DECELERATE FOR MULTIFAMILY PROPERTIES
New research from Yardi Matrix indicates average apartment rents increased by $10 in July 2022, their lowest rate since January. According to the latest Multifamily Report, the average rent in the U.S. was a record $1,717 last month. Still, year-over-year growth decelerated by 110 basis points to 12.6 percent, 260 basis points off the February peak […]
BY THE NUMBERS: ARE WE GOING BACKWARDS, BABY?
There’s no denying that the pandemic has changed the way we view work and how it fits into our lives. Broader pressures such as inflation, goods shortages and housing prices, combined with growing concerns about overall health, quality of life, compensation and work satisfaction, have driven countless workers to make more demands of their employers. […]