The White House Rental Plan: What Does It Mean For CRE?
On January 25, the Biden-Harris administration released a statement outlining their new plan to promote a more “renter-friendly” multifamily environment. Echoing notions from the “Blueprint for a Renters Bill of Rights,” this statement outlines different action strategies that combat recent “egregious rent increases” which they say have been more common within the industry. The pandemic […]
China’s Re-Opening and Its Effect On Commercial Real Estate
In early January, China officially announced that they were lifting many long-standing restrictions connected to the coronavirus pandemic. For many in the commercial real estate industry, this news was received with much enthusiasm, as it meant the world’s second largest economy might finally be re-entering international trade en masse. From a tourist perspective alone, China […]
Short-Term Leasing Opportunities With Airbnb
For property owners of multi-family real estate, a new option to drive down vacancy might have been introduced by short-term subletting service Airbnb. Referring to the new service as “Airbnb-friendly apartments,” Airbnb is advertising the service as a potential perk for tenants looking to make extra money while anticipating a tough economic season. This service […]