Bracing For A Recession: Industry Experts Weigh In On What Preventive Measures They Are Taking
When is the commercial real estate property bubble going to burst?
Depending on whom you speak to, a market correction or even a recession is already happening or could occur later this year or next year or 2021 or 2022.
No one is quite certain the date. No one is quite certain of the impact. But what experts do know is a downturn is bound to happen.
December ended with a shaky stock market. Interest rates are rising. The trade war with China continues. Other geopolitical forces are causing investor concerns.
Real estate advisement group RCLCO's sentiment survey found that 20% of respondents believe the downturn has already…
Read Full Story
|
|
|
Top stories on Bisnow.com
|
Modular Construction Seizing Moment In Hospitality
Board-by-board, nail-by-nail, stick-built construction has dominated how hotels have been built in the United States for more than 100 years, but that could become a thing of the past.
As the hotel industry enters the second decade of the 21st century, pre-fabricated or modular construction is picking up steam.
“There's a movement not just in the hotel industry but across other disciplines that we're starting to see a trend … you can build your projects faster, produce higher-quality rooms and lower cost in a factory-style development,” Marriott International Chief…
Read Full Story
|
|
|
Patriots vs. Rams: Whose Hometown Wins The Super Bowl Of Real Estate?
Boston and Los Angeles are facing off in their second major sports championship in four months, and, while it may be cold outside, the battle between these two cities' athletic prowess and real estate markets is only just beginning to heat up.
The only thing more impressive than Tom Brady's five Super Bowl rings may be Boston's reputation as the leading life science cluster in the world. But if construction volume and pricing correlate to touchdowns, Rams fans will have a great game…
Read Full Story
|
|
|
These Are The Cities With The Least Affordable Housing In The World. London And New York, You're Not Even Close.
The gap between house prices and global income hit $740B in 2018, as housing became less affordable for residents of most of the world's big cities, according to new research by Knight Frank.
Rapid urbanisation, the transformation of housing into…
Read Full Story
|
|
|
In A Crowding Market, Food Hall Operators Search For Ways To Stand Out
NEW YORK CITY — Food halls have been considered a savvy answer to the shifting retail environment and consumer demands for some time. But as more and more open up in New York City, the pressure is on for landlords and vendors to develop their concepts in creative ways to stay competitive.
“In retail, we have this pattern of doing things to death,” Cushman & Wakefield Americas Head of Retail Research Vice President Garrick Brown said. "As the market gets more crowded, it will be more critical to boost the experience for consumers."
Read the full story here. |
|
|
With Amazon Promising Huge Changes, Crystal City's Underground Mall Left In Limbo
ARLINGTON, Va. — Paata Tsikurishvili opened the door to his studio with a smile on his face. Dressed in all black, the bearded artistic director of Synetic Theater chats about the company's upcoming season, pointing to black-and-white photos of the company still hanging on the wall.
But his eyes look tired, and often drift to a steadily growing pile of boxes on the far side of the room. While preparing his troupe for its upcoming production of “Cyrano de Bergerac,” Tsikurishvili is also preparing for a more unwelcome project: relocating.
The avant-garde theater has performed in the Crystal City Shops for close to 10 years, but Synetic's lease was not renewed this past summer by landlord JBG Smith. It's moving out, and Amazon is moving in.
Read the full story here. |
|
|
|
|
