Features
The Office Market Reckoning is Nigh
Remote working is still upending the office property sector. In an article I wrote for Real Estate Issues in 2021, I considered the early evidence that working from home and hybrid work arrangements were likely to be lasting legacies of the pandemic.1 Two years later, the “will they or won’t they return to the office“… Read more
Features
Evolving the Office Space: How Commercial Spaces Are Adapting for Hybrid Employees
Workplaces have changed significantly recently. In 2020, the COVID-19 pandemic led many companies to send their employees home until governments deemed it was safe to return. Some thought remote work was only a temporary solution, but the last three years have shown telework is here to stay. Remote work has become increasingly popular and companies… Read more
The Office Real Estate Market: From COVID Disruption to Uncertain Future
The Pre-COVID Decline Prior to the COVID-19 pandemic, the U.S. office real estate market had been subject to contraction for approximately a decade as businesses tried to lower overhead by implementing various “open office” concepts such as hoteling and/or hot-desking. The results of these methods have been mixed, with prime locations still maintaining their luster… Read more
Features
How Using Property Management Software Can Increase Your Rental Property Income
Real estate investors who want to make more money on their rental property can increase rent, decrease costs, or work more efficiently. Over the past ten years, rental rates have increased by 31%. Renters typically pay 30% to 35% of their income on housing.1 Increasing rent would therefore be difficult to justify. In addition, construction… Read more
Features
Using ESG to Improve Your Investment Outcomes
While the ESG movement continues to evolve through a two-steps-forward, one-step-backward mode in US politics, pressure from investors continues to grow – and while some large firms have built up their ESG staffing, many small to mid-size investment firms have been left to sort through a confusing mix of changing frameworks and standards. Meanwhile, investors… Read more
Features
Active Versus Passive Real Estate Appreciation in Real Estate Litigation
Introduction In the context of partnership disputes or marital dissolution, there may be situations where an appraiser is asked to consider whether real estate appreciation over a period of time is the result of active management decisions versus passive market forces, requiring an appraiser to consider the concept of active versus passive appreciation/depreciation. Evaluating a real estate investment manager’s or trustee’s (“Manager”)... Read More