Cancelled ocean vessel routes became a frequent phenomenon earlier this year as consumer demand for many discretionary products dropped off during the COVID-19 pandemic, according to the recent U.S. Seaports Outlook Report from Colliers International. At a result, the volume of twenty-four equivalent units (TEUs) handled by U.S. ports in 2020 has declined. But Colliers […]
There has been stable occupancy and rental collections in 2020 despite the pandemic. As a result, some investors are now betting big on manufactured housing communities. In the second quarter of 2020, investment sales of manufactured housing communities totaled $821 million, a 12 percent increase compared to the fourth quarter of 2019 and a 23 […]
Leading land brokerage firm National Land Realty and land intelligence firm LandGate recently announced a strategic partnership that helps to create a more comprehensive online marketplace for land sites with data on valuations, nearby listings and sales that provides greater transparency for buyers, sellers and brokers. Interest in recreational land outside of cites has spiked amid COVID-19 lockdowns. […]
In this episode of NREI‘s Common Area podcast, David Bodamer is joined by Colin Yasukochi, executive director of CBRE’s Tech Insights Center, and Lexi Russell, director of research and analysis at CBRE. They cover the highlights from CBRE’s Scoring Tech Talent Report, discussing what impact tech talent is having on real estate markets. In this […]
(Bloomberg)—This Christmas will be one of exorbitant spending and lavish gifts for many American families. It’ll also be one of tight budgets and difficulty putting food on the table for many others. That’s the effect of the pandemic recession, which is exacerbating inequalities between the rich and the poor. High-paid U.S. workers are benefiting from […]
Chase plans to open three more local branches before the end of the year.
It could take five years for employees to return to the office in numbers that match the past, reports CNBC. Many U.S. commercial properties have lost 25 percent or more of their value, according to PYMNT.com. These are among today’s must reads from around the commercial real estate industry. NREI Staff | Sep 28, 2020
Cancelled ocean vessel routes became a frequent phenomenon earlier this year as consumer demand for many discretionary products dropped off during the COVID-19 pandemic, according to the recent U.S. Seaports Outlook Report from Colliers International. At a result, the volume of twenty-four equivalent units (TEUs) handled by U.S. ports in 2020 has declined. But Colliers […]
The City of Miami recently received great news: two affordable housing projects are in the works and both are located in Opportunity Zones. Since its inception in 2018, the Opportunity Zone initiative has continued to do the good it’s intended to do. Miami’s latest OZ news is just one of many examples that show the […]
The New York Times reveals findings from Donald Trump’s tax records. Official inflation figures are misleading, disguising a significant rise in prices on things people continue to buy during the pandemic, reports the Wall Street Journal. These are among today’s must reads for the commercial real estate industry. NREI Staff | Sep 28, 2020