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office space

Analysis: CRE office demand could drop 15%

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Cedrik Lachance, Green Street’s Director of Research recently noted that the work-from-home trend could be one of commercial real estate’s most defining stories to come out of the COVID-19 pandemic, GlobeSt.com reports. Lachance noted...
Wall Street

Suburban offices’ hopes dashed amid Wall Street’s return to the office

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There was a time during the COVID-19 pandemic when New York City offices were empty and finance firms working remotely began to look for office locations outside of the Big Apple, including New Jersey,...
flex living

Investors bet on flex living model, despite workers returning to the office

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Real estate investors don’t just believe that remote work will remain long after the COVID-19 pandemic subsides—they’re betting on int. These investors are backing real estate startups that are creating flexible ways to rent...
Property Sales

CRE property sales volume hits pre-COVID levels

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The combination of historically low interest rates and investors’ belief that the worst of COVID-19 is over has led to U.S. commercial real estate sales reaching pre-pandemic levels, The Wall Street Journal reports. The...
de Blasio

Weekly NYC hotel demand scores highest marks since pandemic started

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Weekly hotel demand in New York City recently hit its highest mark since the beginning of the COVID-19 pandemic, Mayor Bill de Blasio announced. There were 481,284 room nights sold during the week of...
Brookfield Oaktree

Brookfield to create private REIT with Oaktree assets

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Brookfield Asset Management, Inc. recently announced its plans to start its own private real estate investment trust (REIT) after it assumes management of the property portfolio that subsidiary Oaktree Capital Management currently oversees, Bloomberg...
Ericsson Verizon 5G

Ericsson, Verizon strike $8.3B 5G deal

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Ericsson recently announced it signed an $8.3 billion, multi-year agreement with Verizon to provide its 5G solutions to accelerate the deployment of Verizon's next generation 5G network in the United States. “This is a...

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Advancements in Essential Public Safety Communications for Certificate of Occupancy and Tenants

Building owners are required to exercise due diligence in providing a safe environment for tenants. This process begins by examining numerous checkpoints that must be carefully overseen to avoid potential liabilities. These include providing good signal coverage for the...

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