Hotels Are Stepping Up For The “Work From Anywhere” Era
It’s no secret that the hospitality industry has battled through a tough season in recent years. With economic strain right on the back of lockdowns, hotels have made their long climb back to stability as people slowly became comfortable with traveling again, then looked to make up for lost time. Despite an expected downturn this […]
Cinema CRE Is Getting A Sequel
Since the global pandemic led to an unexpected shift in revenue and in the way average people choose to spend their money, the movie industry has struggled mightily to recover. Per the Hollywood Reporter, the US has lost approximately 2,165 theater screens (or around 5% total) since 2019 within exhibitor locations, and nationwide, the largest […]
Spring Office Utilization is Growing: What is the Future of Remote Work?
In the beginning of Spring 2023, commercial real estate analysts like Businesswire reported massive increases in demand for office space. Nationally, there was a month-over-month increase from February to March of 31.3 percent, and key cities saw even higher numbers, such as San Francisco’s eye-popping 69 percent month-over-month increase. Still, much of the conversation surrounding […]