Raise Commercial Real Estate’s Post

Must watch report with great one-liners: « The urban doom loop », « Work from home is bad for the city, bad for business and bad for the people », « a train reck in slow motion »… Remember 2008? Get ready for another similar tsunami once the bad commercial real estate loans cannot be hidden anymore. Add to this the extraordinary number of failing businesses post Covid lockdowns, bankrupt governments and we found ourselves in the eye of the perfect storm. For now, evryone is playing pretend, governments, banks, investors. But the reckoning is near. And this situation is not exclusive to big urban American centers, it’s a global reality that cannot be ignored. What did people expect keeping people locked in their homes and « non-essential » businesses closed down? What were they expecting from the « new normal » talk? We were expecting « build back better », what did we get? Anyway, you tell me: What do you think is going on ? #RealEstate #lockdown #covid19impact Ps: I love the ending « Brought to you by… Pfizer » 😬

"Santana Row Offices Secures Fintech Firm as Inaugural Tenant with Federal Realty" Read the full article below..

Have a read of our blog written for the Greater Birmingham Chambers of Commerce. Fintech is one of the most disruptive industries to emerge over the last couple of decades. Understanding ‘The Power of Place’ will help fintech decision makers to attract the brightest talent. #attractingtalent #designandbuild #powerofplace

“In the Nordic region, family offices exhibit a relatively high level of digital adoption compared to many other regions,” said our CEO, Ken Gamskjaer, when interviewed by Simple. 🎤 But there is definitely still room for improvement, and a recent study shows that financial institutions globally suffer from outdated legacy IT systems, causing them to incur up to 21% of their annual costs. 💸 In this article, &Simple looks into why Scandinavian countries are leaders within WealthTech solutions despite their relatively small populations. One thing that really sets us apart is our commitment to meet the unique needs of family offices and ensure that none of our clients feels like one out of many. ⭐ #wealthtech #familyoffice #wealthplatform #fintech #familyofficesoftware

How can you identify a real estate company in tech's clothing? Active management. Portfolio Managers Guy Barnard and Richard Clode discuss WeWork's recent filing for bankruptcy and how they avoided it. Swipe below for the highlights, then read the full story here 👉 https://bit.ly/3MNL3iH #JHI #JanusHenderson #BrighterFutureTogether #RealEstate #Tech #REITs #InvestingInvolvesRisk

Essentially speaking, tech-driven real estate may be a very-very-very good real economy business loading/retention/whatever-wise as long as it's not pretending to be scalable to an unreasonable extent #ruleofthumb https://lnkd.in/eA5ngZpp

🏢Our first blog for the new year is all about the power of place! Rhino Interiors Group talks about how the office environment impacts Fintech success. Don't miss out on this exciting read 👇 https://lnkd.in/eKdysiZg

📢 We are pleased to announce the addition of 3 new Family Office Profiles to the MarketCurrents Database. Explore the latest updates and gain valuable insights into the evolving landscape of family offices. Read Here: https://lnkd.in/gVnaf3Du #MarketCurrents #FamilyOffice #InvestmentInsights #MarketCurrentsDatabase #InvestorsData

This week's articles that got my attention! 1. Co-Working provider buys 38th Street building. 2. Hybrid work requires seamless connectivity. 3. Regulation D and its effect on real estate syndication. 4. US job growth slows, but healthcare still strong. 5. Another good month of NYC office leasing. 6. Blackrock expands in Hudson Yards. 7. 799 Broadway hits the market in short sale. 8. Office activity continues to improve. 9. Handshake on a 770 Broadway master lease. 10. Office visitation reaches 77% of pre-Covid levels. 11. One investor predicts NYC CRE to increase 50%. 12. Refinancing continues to be a challenge. #cre #nyc #officeleasing

For some time now, pressure has been growing in the office market nationwide. The recovery some investors hoped for post Covid is just not happening. As leases expire and tenants vacante or downsize amidst a challenging lending environment, values are dropping precipitously. So how bad is the office market, really? Take a look at these sale/resales of offices in San Jose and Campbell indicating a drop in value of around 70%. Many thanks to Tony Sciarrilli for putting this together. Click here to view a larger version of the table: https://lnkd.in/gYqwUSFy