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

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… Read more

Perspectives

Supply Chain Disruption

Supply Chain Disruption was listed as the #4 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. “Critical site selection has driven decisions in unprecedented ways. Delayed supply chain concerns are an unknown factor for developers, who are adding several months to their schedules.” It may not come as… Read more

Perspectives

Hybrid Work and the “Great Decentralization”: A Correction Towards Resiliency?

Hybrid work was listed as the #3 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. “Current decentralization pressures and the potential for property devaluation are sure to keep the entire financial sector on guard during the evolution of the next few years.” In the aftermath of the pandemic,… Read more

Perspectives

Geopolitical Risk: Political, Capital Markets and Real Estate Uncertainty

Geopolitical Risk was listed as the #2 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. “With continued political uncertainty providing significant headwinds, the ultimate impact on commercial real estate will be greater than if the political risk didn’t exist.  The longer it takes to moderate, the more the accretive impact can have negative implications for the industry.” Understanding... Read More