What will happen to office lease rates?
Are office lease rates dropping? I get some version of this question every day, from clients and colleagues as well as from friends and family who generally have little interest in the commercial real
CREJ
June 15, 2020Retailers plan for safe reopening following COVID-19
As many states begin to reopen following almost two months of closures caused by COVID-19, many retailers are reimagining how they can serve customers while adhering to new social safety […]
Kris Oppermann Stern
June 5, 2020How generations will affect the post-COVID-19 workplace
In meetings, I often get asked for my perspective on the “millennial,” this massive generation that has been characterized as lazy, selfish and entitled but also has taken over more than 50% of the workforce. A generation generally is defined as experiencing events as a group. Born from 1981 to 1996, the millennial generation has now seen two economic downturns, once while the earlier millennials were entering the workforce in 2008 and now again as the last of the generation starts their careers during the COVID-19 pandemic.
CREJ
May 21, 2020COVID-19 and CRE: 2020 vs. the Great Recession
The COVID-19 pandemic has been a catalyst for unprecedented health, economic and social events, locally, nationally and globally. Although every economic downturn varies in cause, impact and timeline,
CREJ
May 11, 2020How coronavirus is reshaping our entire industry
The recent coronavirus pandemic and associated social distancing guidelines have caused numerous negative effects on our economy, not the least of which is the loss of an unprecedented number of jobs
CREJ
May 8, 2020How the CARES Act impacts multifamily real estate
It has been approximately one month since the “COVID-19 emergency” was declared by President Donald Trump. It still is too early to fully understand the impacts the COVID-19 emergency will have on
CREJ
May 4, 2020Impacts from previous macroeconomic downturns
We are living through historic and unprecedented times. Never before have we experienced the level of economic uncertainty that exists today due to the impacts of the novel coronavirus. While
CREJ
May 4, 2020Investor sentiment remains strong despite hurdles
Multifamily housing performed exceptionally well over the course of this cycle, driven by the affordability of renting an apartment relative to owning a single-family house, and the younger generations’
CREJ
May 3, 2020COVID-19’s effect on mental health, future design
Amidst the COVID-19 pandemic, which has come with record-high layoffs and isolation – and worse, the loss of loved ones – mental health services are needed now more than ever, particularly among the built environment. Yet in the peak of social distancing, mental health care facilities are having to adapt to contain the virus spread, while also meeting increased demands and taking into account considerations for future facility design.
CREJ
April 27, 2020Landlord expectations for a COVID-19 outbreak in their area
When landlords and tenants negotiated their leases, they probably did not have COVID-19 in mind. On Jan. 30, the World Health Organization and the Centers for Disease Control and Prevention declared
CREJ
April 20, 2020