Volume 45, Number 11 June 30, 2021 By Cassandra J. Francis, CRE, and Tomáš Ctibor, CRE Photo: Olesya Kuznetsova/Shutterstock.com Remote Work & Mobility was listed as the #1 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. Introduction COVID-19’s disruption during 2020 has significantly impacted the world’s economy, demographics, […]

Volume 45, Number 10 June 14, 2021 By Daniel Rose, CRE Emeritus Photo: Mike Ver Sprill/Shutterstock.com “You can never step into the same river twice, since the river keeps changing and you keep changing.” The ancient Greek philosopher Heraclitus could have been referring to New York. He would have understood an evolving New York in […]

PERSPECTIVE Volume 45, Number 9 May 28, 2021 By Andrew J. Nelson, CRE Photo: Girts Ragelis/Shutterstock.com Despite wholly different market dynamics, the office property sector is confronting some challenging adjustments coming out of the pandemic that eerily mirror those buffeting the retail sector. American office workers are preparing to venture out from their home offices […]

Volume 45, Number 8 May 7, 2021 By Bradley R. Carter, CRE, MAI, CCIM, CDEI and J. Tyler Leard Photo: Jeff Whyte/Shutterstock.com Introduction A well-constructed restaurant building can stand for 40 years, or perhaps much longer. However, as this article seeks to explore, the economic life of a restaurant building, or the period for which […]

Volume 45, Number 7 April 23, 2021 By Dr. Alexis Crow Photo: Luca Perra/Shutterstock.com Introduction Whilst real estate stood at the epicenter of the Global Financial Crisis (GFC), the asset class has held up with demonstrable resilience throughout the globally synchronized recessions spurred by the COVID-19 pandemic. With red hot residential markets in advanced and […]

FEATURE Volume 45, Number 6 March 19, 2021 By Daniel T. Winkler, Ph.D., and Bruce L. Gordon, Ph.D. Huntsville, Alabama Photo: Real Window Creative/Shutterstock.com The Residential Real Estate Market and the Pandemic The first American COVID-19 case was reported on January 21, 2020, in Washington state. Although the media reported the growing threat of the […]

Volume 45, Number 5 March 5, 2021 By Jeffrey G. Robert, MBA, Ph.D. Photo: Prath/Shutterstock.com Many insurance carriers purchase third-party crime scores to further evaluate an insurance portfolio’s exposure to criminal risk.1 However, crime scores represent another hurdle for multifamily owners and operators to overcome in the general liability underwriting process. Through interviews with insurance […]

Volume 45, Number 4 February 19, 2021 By Lori A. Schwartz Photo: M_Agency/Shutterstock.com The COVID-19 pandemic and the attendant “stay at home” orders that took effect throughout the country starting in March 2020 had and continue to have a significant impact on many businesses and their ability to operate at all, let alone to operate […]

PERSPECTIVE Volume 45, Number 3 February 5, 2021 By Oscar J. Franck Terrazas, CRE Photo: AGCuesta/Shutterstock.com Over Net Asset Values Who would not want to have a window into the future and be able to see what the value of real estate investments would be, especially when going through a crisis, as is the COVID-19 […]

Volume 45, Number 2 January 25, 2021 By Norman G. Miller, Ph.D. Photo: MIND AND I/Shutterstock.com Introduction Anyone following the housing market understands that inventories of existing homes have continued to shrink, time on the market has never been faster, and often reasonably priced homes sell in one day. Add to this a huge reduction […]