Perspectives

Was the Federal Eviction Moratorium a Taking?

Introduction Major litigation regarding property rights—and involving billions of dollars—which for several years has been in the federal courts may soon be resolved. By suspending through fiat the right of landlords to evict tenants for non-payment of the rents to which they were legally entitled, the federal Centers for Disease Control and Prevention deprived them… Read more

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Features

The Office Is Not Dead: Investment Strategies for Today’s Market

In today’s rapidly evolving office market, the landscape bears striking similarities to the mid-1990s, when investors like Steve Witkoff thrived by acquiring undervalued assets in New York City. Similarly, despite fluctuating rents and occupancy levels, today’s investors have unique investment opportunities. According to recent data from Deloitte, office properties have been largely insulated from the… Read more

Transforming Emptying Houses of Worship

OVERVIEW What declining department stores were to our municipalities in the late 20th and early 21st century, emptying houses of worship are today, only the challenges are more vexing. A tsunami of emptying houses of worship is washing across the U.S., from denomination to denomination, from coast to coast.  The former Vice President of Research… Read more

Perspectives

Zombie Malls – Part 4: Bringing Dead Shopping Venues Back to Life Through Multifamily Development – Case Studies

Abstract: As more retail activity goes online with Ecommerce and given the fact that the U.S. is over retailed, mall owners/developers are looking for ways to revitalize and monetize their real estate by adding multifamily to create a mixed-use environment. One of the main drivers of this effort is parking reduction, as developers and retailers… Read more

Resource Reviews

Review of Real Estate Capital Markets: Evolution, Structure, Participants

Real Estate Capital Markets: Evolution, Structure, Participants by Merrie Frankel, JD, MBA; Dr. Hugh Kelly, PhD, CRE Emeritus and Constantine Korogolos, CRE, MAI, MRICS Published 2024 One is unlikely to refer or describe a textbook as concise, clear, and highly readable in the same sentence as well-structured, informative and pithy, yet this book is all… Read more

2026 World Cup

The Impact of the World Cup on Philadelphia

Introduction REI’s initial look at the impacts of the 2026 FIFA World Cup highlighted activities and perceptions in Vancouver BC. This article will look at the impact on one of the US host cities, Philadelphia PA. As in Vancouver, there are many unknowns or closely held projections, along with likely exaggerations or minimizations in Philly, but the atmosphere seems fairly different from that portrayed in Vancouver: Philadelphia is nothing if... Read More