Changes in Lifestyle Trends
2020 Special Issue Photo: LL_studio/Shutterstock.com The changes in population growth, employment trends, and lifestyle choices as to “where” and “how” to live were recreating the landscape. We asked Paige Mueller, CRE®: Will these trends continue? How will mega cities recover? Will there be a flight to a simpler life? Will 2020 be the beginning of… Read more
The Black Swan
2020 Special Issue Photo: muratart/Shutterstock.com Black Swan alert! No one saw this coming. Many were not prepared. These two statements apply equally to the economic and social impacts of the pandemic. We recommend that you read the profound Real Estate Issues article by Hugh F. Kelly, PhD., CRE® published on March 21, 2018 titled “Black… Read more
Survey: Real Estate Conditions During the COVID-19 Pandemic Crisis
2020 Special Issue In April 2020, we surveyed Counselors of Real Estate to learn more about how the COVID-19 pandemic crisis was impacting their business. We received 194 responses from members living in many regions across the United States, as well as in Canada, Italy, Germany, Turkey, and Japan. Here’s what they said: What type… Read more
Perspectives
The World Has Changed: The Smart City in the Post-COVID-19 World
The world has changed! The news of the hour commands our attention as we react to the COVID-19 crisis. Some changes will certainly outlast the current pandemic. Stay-at-home orders and the current crisis’s economic impact have changed the way we view real estate. Technology has made location less important. Obtaining and analyzing reliable data almost… Read more
Perspectives
Impacts of the COVID-19 Pandemic: How Retail, Office and Industrial May Be Affected by Changes in Human Behavior
COVID-19 has taken our world by storm, breaking down fixed mindsets and stripping away belief systems related to proven commercial real estate methodologies. The changing paradigm of how we do business post-pandemic will result in ingenuity, resourcefulness, and innovation by owners and occupiers. The question most real estate professionals are facing right now is how… Read more
Perspectives
Emerging Legal Issues Arising from the Coronavirus Pandemic
Introduction The medical and economic consequences of the 2020 Coronavirus pandemic are making themselves felt with nearly incomprehensible speed and force. Developments change by the day, if not the hour, making it challenging to act prudently both in the moment and over any conceivable time horizon. This article will present a brief overview of legal issues facing the real estate industry, with an emphasis on the doctrine of force majeure as a... Read More