Why Inbound Migration and Commercial Real Estate Demand Go Hand in Hand
In this article, we’ll look at the positive impact that inbound migration and other key factors are having on the local economies and commercial real estate markets in Florida.
In this article, we’ll look at the positive impact that inbound migration and other key factors are having on the local economies and commercial real estate markets in Florida.
The pandemic is likely to have a lasting effect on the office market.
It’s possible that working from home may become the new normal for some businesses. However, many office users are learning that virtual meetings simply don’t provide the same opportunities to collaborate, nurture creativity, and attract the skilled employees businesses need to succeed.
Although many office markets in the U.S. have felt the bite of the pandemic, others are doing relatively well. For the country as a whole, asking rents for office space and rent growth are on the rise, despite increasing vacancy rates and negative net absorption.
Prior to Covid-19, companies were looking at ways to fit more people into less office space. Adding more seats, increasing the number of smaller desks in an office, and unassigned workspaces were just a few of the methods used.
It appears that Joe Biden will be the next President of the United States, raising questions about the implications for commercial real estate.
The Covid-19 pandemic has forced governments around the world to close down their local economies. As a result, lower consumer spending and decreased business operations are creating unique challenges for office building owners and operators.
A recent article from CNN, “The Office, As You Know It, Is Dead”, suggests that working from home may not be a short-term phenomenon, but instead a permanent shift to remote working even after a vaccine is found for Covid-19.
When investing in an income-producing asset, it’s important to know how much money you will make as well as when you will receive it.
Investing in commercial real estate is an excellent way to diversify the portfolio and earn passive income. However, it’s important for investors to understand the numbers behind the deal, so let’s dive into underwriting and see what it’s all about.
Anyone interested in investing in real estate development should understand the actual costs of a project. In this article, we will examine the difference between hard costs and soft costs.