What I'm Reading Shifting Focus: Foreign investment in US commercial real estate has exceeded pre-pandemic levels. The big difference is that overseas investors are focusing much more on warehouses and apartments than they were before the pandemic - just like domestic investors. Wall Street Journal Rise of the Machines: Advances...
February 2nd – Deteriorating
What I'm Reading Deteriorating: Moody's Analytics REIS is out with a somewhat devastating report for the office sector, predicting that vacancies will likely show their largest increase this year. The report predicts that the occupancy continue to deteriorate until at least 2023 with employers still pushing off physical space decisions...
January 19th – Mismatch
What I'm Reading Mismatch: Residential development is booming and unemployment is relatively high, yet home builders are still experiencing a labor shortage. This is due to both a stigma about working in construction (even though it often pays more than some office jobs) and a lack of workers who have...