COVID-19

NMHC Survey Dives Into Record Construction Costs, Delays

June 17, 2021

Article by:  Natalie Dolce During the most recent iteration of NMHC’s Construction Survey, 83% of respondents reported experiencing construction delays in jurisdictions where they operate, an increase from the results reported in each of the prior six rounds. Read the full article:  https://bit.ly/2SxVRc9


Hotels’ Recovery Taking Longer in NYC Than Elsewhere

June 16, 2021

Article by:  TRD Staff Hotels in New York City are slowly rising from the pandemic wreck, but their road to recovery looks longer and harder than in other metro areas. Read the full article:  https://bit.ly/2Sx5Ez8


Student Housing Outperforming Other Asset Classes Post-COVID

June 16, 2021

Article by:  Tom Acitelli “The immediate impact of the pandemic created uncertainty throughout the multifamily market, but the student sector proved to be strong with a higher percentage of rent collections than traditional multifamily.” Read the full article:  https://bit.ly/3gGiR0i


How Data Is Turning the World of Commercial Real Estate Upside Down

June 15, 2021

Article by:  Richard Brown To provide stability for both residential and commercial real estate trends and performances, everyone looked to data analysis. Today’s world has become dominated by technology, and commercial real estate companies are no exception. Read the full article:  https://bit.ly/3wrmXQT


Industrial Asking Prices Suggest Market Correction May Be Near

June 15, 2021

Article by:  Lynn Pollack The multifamily asset class continued along a growth trajectory last month, while industrial prices dropped significantly, suggesting the market may be correcting as the threat of COVID-19 wanes. Read the full article:  https://bit.ly/3zshzi2


Return to Office Survey Results Released – June 2021

June 14, 2021

Article by:  Katy Feinberg Current projections are that 62% of workers will be back in September, most for three days a week. Business travel has resumed and will increase this summer, although at a significantly lower volume than pre-pandemic trips. Read the full article:  https://bit.ly/3pYv6tt