Clamping Down On Immigration Could Put The Squeeze On CRE Workforce
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Several sectors of the commercial real estate industry could face a deepening labor shortage in coming years due to proposed immigration policies.
If enacted, policies restricting legal immigration could make it increasingly difficult to fill various positions, according to a recent Cushman & Wakefield report.
Under the proposed RAISE Act, the government would do three things: limit the number of refugees entering the country each year to 50,000, reduce legal immigration over the next decade and change how immigrants are prioritized and granted access to…
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San Jose Mayor Calls For 25,000 Units Of Housing To Be Built
San Jose Mayor Sam Liccardo on Monday issued a plan to build 25,000 residential units in the next five years. The mayor's proposal includes changes to downtown San Jose and could double the size of downtown with higher-density projects, the Mercury…
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What Do Uncertain Times Mean For The Future Of CRE Finance?
Times are changing, and with that change comes uncertainty. The rise of short-term interest rates, concerns around overbuilding and affordable housing and turnovers in government administration have led to doubts about the future of the commercial real estate financial marketplace. But in many ways the market is stronger than ever, and there are more opportunities to grow portfolios across multiple asset classes all across the country.
Bisnow partnered with KeyBank to discuss current market trends and show smart CRE professionals how they can take advantage of the current landscape.
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Alternative Plan Proposed For Oakland's Eastline Project Calls For All Office, No Housing
The proposed Eastline project in Uptown Oakland could do away with its housing component. Lane Partners and Strategic Urban Development Alliance have proposed a second plan that would have nearly 1.6M SF of office at its project at 2100 Telegraph Ave.,…
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Hotel Security In The Spotlight After Deadly Las Vegas Shooting
Late Sunday night, a 32nd-story room at the Mandalay Bay Hotel high above the Las Vegas strip became a tragically lethal firing position. Before taking the lives of more than 50 people and injuring over 500 others, the shooter, 64-year-old Stephen Paddock, was able to take nearly 20 rifles and handguns and hundreds of rounds of ammunition up to his room.
The horrific incident is raising questions about hotel security. In one of the most heavily surveilled places in the world, how did this happen?
“Security is very lax [in hotels],” Lone Star Protective Solutions owner and chief instructor Jeff Chase said.
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Vegas Gunman's Real Estate Ties In Dallas
Stephen Paddock, the gunman who killed at least 59 people and injured more than 500 in Las Vegas Sunday night, once owned a few properties in Texas.
Although some news outlets (including the Associated Press) Monday referred to Paddock as…
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