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Seattle Office Market Starting to See Signs of Economic Impact from COVID-19 7/13/20 This report was provided by real estate services firm Kidder Mathews
At the end of last quarter, the Puget Sound region was in the initial stages of Governor Inslee’s Stay at Home mandate due to COVID-19 and the economy had ...
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30-Year Fixed-Rate Mortgage Drops to 3.03% 7/12/20 According to Freddie Mac’s just-released results from its Primary Mortgage Market Survey® (PMMS®), the 30-year fixed-rate mortgage (FRM) averaged 3.03 percent, the lowest rate in the survey’s history dating back to 1971.
“Th...
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Inland Empire’s East Valley Industrial Market Saw Strong Activity and Absorption in 2nd Quarter of 2020 7/09/20 This Second Quarter Industrial Market Summary for the Inland Empire East Valley region was provided by Lee & Associates Riverside
The second quarter of 2020 for the Inland Empire East Valley region saw strong activity and gr...
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Construction Spending Declines in May 7/06/20 This report was provided by Wells Fargo Securities Economics Group and written by:
Mark Vitner, Senior Economist
Charlie Dougherty, Economist
Hop Mathews, Economic Analyst
Construction Spending Hampered by COVID-19
...
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Annual Industrial Absorption Expected to Hit 333 msf by 2022 6/29/20 This report was provided by real estate services firm CBRE
Fueled by e-commerce growth, annual net industrial absorption will total more than 333 msf by 2022, leading to annual rent growth of 5.7%, according to the latest CB...
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Latest Numbers Show Construction Activity Returning to Pre-Coronavirus Levels in Many Parts of the Country 6/19/20 This report was provided to us by The Associated General Contractors of America
A new survey by the Associated General Contractors of America and data from construction technology firm Procore show that construction activit...
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Nation’s Hotels Expected to See Full Demand Recovery by Late 2022 6/18/20 This report was provided by real estate services firm CBRE
After suffering the greatest performance declines in the history of the U.S. lodging industry during 2020, the nation’s hotels will benefit from what is expected to...
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Electric Utility Rate Optimization Tool from Gridium Saves $47,000 in Expenses at Bay Area Office Park 6/12/20 Gridium’s new electric utility rate optimization tool has cut approximately $47,000 in operating expenses at The Towers Emeryville, an 814k sf, Class A office park in Emeryville, which is part of a KBS client portfolio. Gridi...
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Whiplash: From Historic Job Losses to Historic Job Gains 6/07/20 CBRE's U.S. Economic Watch reviews the jobs report for June and breaks out the numbers for the various CRE industry segments
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Review of Key Provisions in Proposed California Legislation (SB-939) Impacting Commercial Real Property Owners and Developers 5/26/20 By:
Jonathan N. Zweig
Associate
Cox, Castle & Nicholson LLP
There is urgency legislation pending in the State of California known as Senate Bill No. 939 (“SB-939”) that proposes to add Section 1951.9 to the Civil Code (“Sec...
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Most Employers in CBRE Study Favor Phased Return to Workplace 5/21/20 This report was provided by real estate services firm CBRE.
Most companies included in an analysis by CBRE plan to take a gradual, cautious approach to bringing employees back to their workplaces as governments begin to lift...
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Retail Sales Plunge 16.4% in April 5/18/20 This report was written and provided to us by Wells Fargo Securities
By:
Tim Quinlan, Senior Economist
Wells Fargo Securities
Shannon Seery, Economic Analyst
Wells Fargo Securities
How Could it Get Worse?
March alread...
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Black Swan Reset and the Fate of Commercial Real Estate 4/30/20 By Elliot M. Shirwo, Founder and Principal
BridgeCore Capital Inc
We are in the grips of a global black swan event.
The COVID-19 pandemic is having a near-catastrophic impact on most sectors of the world economy. For comm...
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Resident Relief Foundation Launches Multifamily Industry Fundraising Effort to Address Impact of COVID-19 Pandemic 4/27/20 The Resident Relief Foundation (RRF), a nonprofit organization that provides rental assistance grants to help responsible residents pay rent during a temporary emergency, today announced the launch of the “Resident Relief Ini...
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Production Pause Ripples Across L.A.'s Media and Entertainment Space 4/24/20 This report was provided to us by CBRE
•Social distancing regulations have slowed Los Angeles’s media juggernaut as movie theaters close and filming stops.
•The film industry occupies a considerable amount of regional com...
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Here are Some Tips for Landlords and Tenants on How to Re-Open Office Spaces 4/23/20 In an effort to better prepare clients for post-COVID-19 recovery and the eventual return to the workplace, global real estate services firm Cushman & Wakefield has released Recovery Readiness: A How-to Guide for Reopening yo...
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Bay Area Multifamily Rent Growth Tapering Off 4/20/20 This report was provided by Kidder Mathews
Due to the Coronavirus pandemic, six of the Bay Area’s nine counties cautiously put Shelter in Place orders into effect in early March 2020, effectively putting a halt to all non-es...
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I-680 Corridor / Tri-Valley Office 1st Quarter 2020 Market Update 4/16/20 This report was provided by real estate services firm Kidder Mathews
The first quarter 2020 will be forever remembered for the onset of the new Coronavirus (COVID-19). The ramifications of the virus as it relates to impactin...
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Inland Empire Industrial Market Maintains Strong First Quarter 4/15/20 This quarterly update was provided to us by real estate services firm Kidder Mathews
The Inland Empire industrial market did not show any slowing as market fundamentals held steady in the first quarter, despite effects of Co...
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SoCal Office Execs Surveyed as to Expectations Over the Next Three Months 4/14/20 This industry update was provided by real estate services firm NAI Capital.
The pandemic has financially impacted tenants, but the full effect on the industry has yet to be seen. Coworking offices are looking like ghost town...
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