Perspectives

ESG Requirements Forcing Change

ESG Requirements Forcing Change was listed as the #10 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. “These requirements are also instigating much innovation in the design, development, and construction of new buildings as well as renovation of existing stock with long lifespans ahead of them.” Government… Read more

Perspectives

Cybersecurity Interruptions

Cybersecurity Interruptions was listed as the #9 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. “This is not a so-called smart building or Internet of Things (IoT) problem, which continues to add to risks, but rather a 40-year build-up as our main systems (e.g., HVAC, elevator, lighting, access… Read more

Regulatory Uncertainty

Regulatory Uncertainty was listed as the #8 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. “The emerging conflict between state preemptive legislation and local control over land use, and the litigation that has emerged from these conflicts, will create additional regulatory uncertainty for some time to come.” Among… Read more

Perspectives

The Great Housing Imbalance

The Great Housing Imbalance is the #7 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. “Markets that have not been able to provide lower-cost housing have experienced ongoing out-migration and risk stressing infrastructure capacity as renters are driven further out to the exurbs.” It is no secret that… Read more

Perspectives

Labor Shortage Strain: Where Have All the Workers Gone?

Labor Shortage Strain was listed as the #6 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. “The implications for property markets are mostly indirect but potentially significant. Occupiers will lease less space if they lack the workers to run their businesses.” In the immediate aftermath of the pandemic… Read more

Perspectives

Energy: Sustainability, Affordability, & Availability

Energy was listed as the #5 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. “Some of the practical consequences of what building owners and business owners are facing and need to consider in their business continuity and resiliency planning include rising insurance costs and the increased need for on-site energy resilience.” The COVID-19 pandemic sparked a surge of awareness in the... Read More