Victor MacFarlane

Victor MacFarlane Offers His Take on This Moment in CRE History

During his 41-year career in commercial real estate, Victor MacFarlane has witnessed five previous recessions, the end of the Cold War, the impeachment of two U.S. presidents, the rise of the internet,…
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10 Must Reads for the CRE Industry Today (July 1, 2020)

A study from Goldman Sachs showed that a national mandate requiring use of masks could help avoid a 5 percent hit to GDP, reported Business Insider. The…
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Manhattan Hotels Pitch Rooms for Office Space With Travel Frozen

(Bloomberg) -- New York City hotels, struggling to navigate the pandemic economy, are doing anything they can to drum up business. For the NoMo Soho, that means pitching its rooms to workers stuck…
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Competition Heats Up to Buy Self-Storage Properties

In the first week of June, Nick Walker listed a self-storage property for sale. The facility is fully-leased and producing income. “We received 17 offers,” says Walker, executive vice president…
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Don’t Let Covid-19 Cause a Surge of Evictions: Editorial Board

(Bloomberg Opinion) -- The coronavirus is putting Americans under severe stress, challenging them to cope with uncertainty, protect themselves and their loved ones, and in many cases just put food…
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The Future of The Land Brokerage Industry

As virtually all businesses are now having to quickly pivot to meet the expectations of their consumers amid the Coronavirus pandemic, how extremely relevant a glimpse into the rapidly changing…
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12 Must Reads for CRE Investors on June 30, 2020

Warehouses should be a relative safe haven, reports the Wall Street Journal. Office space users are trying to figure out when, how - even whether - to come…
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Lenders Provide “Mixed Bag” of Relief to CRE Borrowers

Lenders and CMBS special servicers are still scrambling to work through the growing backlog of forbearance and relief requests. Borrowers looking for clues on just how far lenders are willing to…
flood-risk

The Truth About Flood Risk Can Worsen American Inequality

(Bloomberg) -- First Street Foundation, a nonprofit agency, is making accurate climate change-adjusted flood scores available for every property in the U.S. today. There are government-produced maps…
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Covid-19: Challenges & opportunities for architects

What has been the impact of the current pandemic on the field of architecture? The impact can be divided into two camps for everyone, positive and negative. From a positive perspective it has…