Review the financial statements of nearly any location-based business and you’ll see a similarity. In most cases, the company’s most significant investment will be its real estate. Whether that business leases a small office or owns a 500,000-square-foot warehouse, its land, buildings and improvements will account for some of the largest numbers in its operating budgets. […]
The world of real estate has experienced an unprecedented level of disruption. There are changes to traditional service and business models, changing expectations of the workplace, and a heightened imperative to focus on safety, health and wellbeing. Touchless technology, social distancing sensors and other tools are key to bringing people back to the office safely. […]
The COVID-19 pandemic interrupted a nearly 12-year growth cycle for the senior housing market, causing a drop in valuations to an eight-year low. Stabilized occupancy rates also fell to record lows due to infections, mandated holds on new resident admissions, safety concerns, and isolation fears. Rents, however, continued to rise, despite significant occupancy losses. In addition, […]
In the strange new reality of life during the COVID-19 pandemic, social distancing, face masks, and limited capacity seating are now part of everyday life. But as eager as we are to get back to our pre-COVID habits, the reality is that some aspects of our “new normal” may last years or even a lifetime. […]
No topic is more talked about in boardrooms of real estate investment trusts (REITs) across the country right now than ESG – the trending acronym for Environmental, Social and Corporate Governance factors that measure the sustainability and societal impact of an investment in a company or business – said a panel of speakers at the […]
Employees – office workers, in particular – have firm expectations about returning to the workplace as vaccines become more widely available and companies begin bringing the team back together. At the top of their wish lists: hybrid work schedules, says start-up workforce platform Envoy’s Return to the Workplace report. Safety and flexibility, says the report, […]
Effective workplace design has never been about simply making an office look nice; it’s about supporting and inspiring those who will move within and around it. Now, a historic pandemic is highlighting a new opportunity for flourishing companies whose space needs have changed: To invest in build- or redevelop-to-suit design projects that enable them to […]
Life sciences firms are under intense pressure right now to research and produce viable COVID-19 vaccines, and their workplaces and labs need to support their vital work. While many current pharmaceutical office trends will continue, new priorities are emerging that include accessible outdoor space, increased security and equalized workplace technology. Despite the economic challenges of […]