Office

From December to June, the NOI of retail assets declined by 21.4%, and hotel assets saw a 39.7% drop.

A study from workplace strategy consulting firm Vocon found that work-from-home fatigue is increasing and productivity is decreasing.

Approximately $600 million of previously announced capex spending in 2020 will be deferred as owners make difficult choices between investing in existing assets, forgiving rent and making debt service payments.

Multifamily, office and retail properties can leverage water features as a built-in marketing tool and increase the length of stay or tenancy at a property.

Homebuilders and master-plan developers are buzzing, especially in suburban markets such as the tech/creative industry hub of Austin where there is a surge in buyers from both the urban core and out of state.

The company has acquired seven licenses of technology infrastructure, spanning more than 16.2 million square feet within the district.

Ares Management Corp. provided the three-year, acquisition loan for the 10-property portfolio, sold by Mack-Cali.

Private office owners make up a larger proportion of total ownership in California and are unique exposed to Prop 15.