Dive Brief: New data shows that U.S. contractors are growing more optimistic, mostly driven by a rise in revenue expectations. They also have better outlooks on hiring as business concerns related to the coronavirus pandemic lessen, according to the latest U.S....
The Coronavirus Pandemic forced 98% of all public libraries across the United States to close in April (American Library Association). While we miss our libraries, it’s been inspiring to see the creativity and dedication library workers have shown as they’ve taken...
A Connecticut-based national real estate finance company has announced it plans to loan $37.3 million for developing three multifamily projects in Michigan, Jonathan Daniel, principal of Greenwich-based Knighthead Funding LLC, told GlobeSt.com Tuesday that the...
The explosive growth of the global life sciences sector and the real property needs it entails have captured the attention of commercial real estate investors of all stripes. According to CBRE’s US Real Estate Market Outlook 2020, from 2014-2019, life sciences real...
The 2020 coronavirus pandemic is already creating change in every part of society. Harnessing this change should be the impetus for a long-overdue overhaul of the educational system and, in particular, the way we teach architecture. Each day during the pandemic, we...
Medical offices and hospitals are, by definition, places where people come first. The same principle has become the rule of thumb for design, even more so than efficiency and sustainability, which architects have traditionally prioritized when planning medical office...
PLEASANTON, CA—Among other things, COVID-19 has sparked a hyper-awareness of the fragility of community health and wellness. Previously taken for granted, the simple ways of navigating daily life are being challenged. For example, in multifamily properties, the common...
To battle the spread of COVID-19, local officials around the country are taking some pretty dramatic steps. For example, Los Angeles County officials plan to lease 15,000 hotel rooms to house the homeless. “This is a proactive approach to move people into rooms to...
On April 20, Marriott International, the world’s largest hotel chain, rolled out its plan to elevate its cleanliness standards and practices to meet new health and safety guidelines and guest expectations presented by the coronavirus pandemic that, as of early April,...
Dive Brief: Despite the impact of the coronavirus outbreak, the hotel construction pipeline in the United States increased by 1% in the number of projects and by 3% in the number of rooms from the between the first quarter of 2019 and the first quarter of...
Not many industries have been impacted by the coronavirus lockdown as much as tourism and hospitality. The U.S. travel industry accounts for a one-third of all the jobs lost in the country, according to the latest data from the U.S. Travel Association and Tourism...
As creative problem solvers, we’re facing what is surely the biggest challenge of our personal and professional lives. Across the globe, we’ve experienced mandatory quarantines, adopted new work-from-home policies and are well-versed in social distancing. The lessons...
Before the coronavirus hit, co-living projects were attracting more and more investor money. Now, as public officials continue to encourage social distancing, questions are rising about whether residents in co-living buildings can even follow these guidelines, as they...
Even before to the recent disruption related to the pandemic, retail was already experiencing marked changes. The asset class was moving toward an entertainment and community-gathering model. Although much of the world is currently practicing social distancing and all...
Multifamily projects under construction or that have recently come online indicate a trend toward high-efficiency in this sector of the housing market. Some of these projects are targeted for the luxury market; others are aimed at the affordable end of the spectrum....
An established Swiss hospitality operator is about to take a sizable step into personalized hotel experiences. This summer, SV Hotel will open the first location of its new extended-stay brand, Stay KooooK, in Bern. The second will be opening in 2021 in Nürnberg,...
Written gratitude does not feel like enough at this moment, but we want to start this piece just by saying THANK YOU to the research teams around the world. You are true heroes in a time when we need you most. Many of the researchers who work in disease testing,...
The year is 1985, you’re packing your briefcase to head to the office, where you’ll sit behind a desk to do some paperwork. Fast forward to 2020, and you’re having a conference call with the entire team from the coffee shop across the street. Relatively, not much has...
What a difference a week makes. Investors can now expect fewer deals and lower prices for apartment properties—at least in the immediate term—as the U.S. economy adjusts to the rapid spread of the coronavirus disease 2019 (COVID-19). “Deal activity can stall...
While retail and hospitality sectors are feeling the most pain from this pandemic, office building owners and users nationwide are taking precautions to stop the spread of the disease, regardless of whether their area has diagnosed virus cases. Many tenants and...
Due to concerns about public health amidst the coronavirus (COVID-19) pandemic, two extraordinary steps were taken today in Detroit and Wayne County to curb the loss of homes. The Detroit Free Press reports that Wayne County won’t foreclose on any homes in 2020. This...
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