Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Those who fled congested cities during the COVID-19 lockdowns are beginning to return to luxury multifamily buildings. GDP forecasts indicate apartment occupancy rates will return to 2019 levels by the end of the year.
Smart office owners are making the following upgrades to help make their buildings more attractive to tenants: Upgrades to HVAC Systems, Temperature Check Stations, and Lobby Storage Lockers.
From smart locks and smart lockers to smart lights and smart speakers, today’s smart home technologies seem endless — and they’re improving the rental experience for both tenants and property managers. But how?
To continue to operate businesses responsibly and reduce the impact of COVID-19 conditions as much as possible for employees, customers, and the public, all employers must develop a plan for COVID-19.
For the past several years, the multifamily industry has catered to the wants and needs of the Millennial generation, thinking of them as they update their community or add new amenities. When Millennials wanted to move into downtown urban markets, the multifamily industry responded by renovating empty warehouses and building high rises.
Lease renewal may be an annual event for any resident; however, retaining residents should be a top priority for management and staff all year long. One of the best ways to maintain residents is to keep them engaged. Creating an environment residents love and where they want to live is more than having fresh cookies or drinks set out in the leasing office.
Rural landscapes are changing, and those changes are impacting commercial real estate. Living in a rural community has unique issues, obstacles and benefits when it comes to commercial real estate. The secret is diversification, according to Ben Bates, broker/owner of Coldwell Banker Ben Bates.
2020 marks the start of a new year and, perhaps more excitingly, a new decade. And while economic and real estate cycles do not revolve around the calendar year – aside from any actions resulting from changes in calendar year tax policy – it is still a great time to reflect on what real estate decisions were successful and which may require rethinking in the year(s) ahead.
The global hospitality game is changing fast. As the hotel scene is striving to provide guests with transformative experiences, CRE is paying attention to these 6 hot trends. Keep an eye out for these upcoming hotel evolutions.
The 24/7 sushi bar at Google, nap rooms at Huffington Post, and cold brew coffee on tap at a local startup company — these features are becoming more and more common in workplaces around the world. Not only are these amenities on trend, but they also aim to increase employee satisfaction and creativity.