Some 27 percent of respondents in a survey of 2,250 workers by the consultancy KPMG said they would prefer to work fully in-person. That’s more than the percentage who said they wanted to work fully remote. What’s more, 23 percent of respondents...
Office-to-multifamily conversions have ticked up lately. But such redevelopments remain difficult to pull off and represent a small percentage of the apartment pipeline.
American Homes 4 Rent, which owns about 60,000 single-family rental homes across the country, has been tweaking designs of houses it builds itself to make them more durable and energy-efficient. The company says it could eventually operate its...
Net lease retail REITs, aggregators and cash buyers are anticipating an extremely active acquisitions environment for the remainder of the year as terms become more attractive.
The values of New York office properties declined nearly 45 percent in 2020 and are forecast to remain roughly 39 percent below pre-pandemic levels due to the persistence of flexible work policies, according to a new study from the National Bureau...
As the tropical storm heads north and regains strength, Georgia’s port of Savannah, the largest container port in the Southeast, is allowing ships at anchor to leave toward safer locations, but is closed for new arrivals. Meanwhile, South Carolina...
The latest wave of automation is building on advances in artificial intelligence and machine-learning that allow computers to perform tasks like speech recognition, and make some of the decisions that used to be reserved for employees. With wages...
Florida ranks among the most-visited states by both foreign and domestic tourists. Orlando alone welcomed 59.3 million visitors last year. And the state’s tourism industry had been roaring back after two years of pandemic. But Ian, heading...
