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New York Hotels Hit Rough Times

The W Hotel, a Marriott property in NYC, has filed that it won't reopen and will close its doors permanently in October. Experts estimate that potentially 20% of NYC hotels may not reopen. Industry experts further predict that for those hotels that have reopened in...

As Trade With China Shrinks, Industrial Real Estate Demand Shifts

As companies reduce their reliance on China as a manufacturing hub, manufacturing functions are moving to countries such as Taiwan and Vietnam, as well as some European countries and of course, domestic development. Resulting from this change will be shifts in port...

Demand For Wharehouse Space Recovers More Quickly Than Expected

In the Industrial Sector of Commercial Real Estate, the Warehouse and Distribution Centers sub-sector has come back from the Covid-19 shut down more quickly than expected. While transaction activity dipped in the time period from mid-March to mid-April, activity from...

Virtual Tours Of Apartments Are Here To Stay

Even as cities and communities reopen from the Covid-19 shut down, industry members do not see virtual tours and e-signing technology going away. The virtual tour was a growing component of the leasing process before Covid-19, and it is anticipated to remain around...

Hotels Look To Technology To Assure Guests And Improve Safety

Hotels are looking to technologies to improve guest safety and inspire confidence in the hotel's ability to keep guests safe. Such technologies include electrostatic spraying, Ultraviolet cleaning, AI voice technology to facilitate a touchless environment (control...