Although the Federal Reserve voted to raise rates another .25% at its second meeting of the year, there was a silver lining in the announcement. In his opening statement, Fed Chair Jerome Powell indicated significant rate hikes may not be needed going forward, which will bring much needed relief and stability to the commercial real

When lawyers work on commercial real estate or other transactions, they typically charge for their time by the hour. If the transaction doesn’t close, the bill is the same as if it did close. Clients who face those bills don’t like them. These bills cause maximum pain if the transaction nearly closed and the lawyer

For multiple reasons, senior living has long been associated with leafy suburban settings. Locations close to seniors’ suburban homes, on land affordable enough for the development numbers to easily pencil out, just made sense. So did catering to folks who at younger ages had fled city life and never intended to look back. But as

With continual interest rate hikes made by the Federal Reserve beginning in 2022, housing markets across the United States have been experiencing significant disruptions in activity. And this disruption is particularly noticeable in the levels of available housing inventory. Over the course of one year, from 2022 to 2023, countless American housing markets have seen

A home theater from a renowned designer, a wine cellar and tasting room that feel plucked from Tuscany and a solarium with a fireplace that sits in a lion’s mouth are just a few of the glamorous features of a palatial estate in Saddle River, New Jersey. The property at 101 Fox Hedge Road sits

Every modern commercial real estate transaction, or other business transaction, takes place largely through email. If it’s a major or complicated transaction, it will involve dozens of email recipients and senders – business people, lawyers, brokers, title companies, other service providers, and so on. Each email will beget a stream of additional emails as each

Commercial leases often require tenants to deliver letters of credit instead of cash security deposits. This practice reflects the belief that an L/C gives the owner better security than a cash deposit if the tenant goes bankrupt. Until very recently, many of those L/Cs came from Signature Bank or—especially for start-up or high-tech companies—Silicon Valley

It’s not just our population that’s aging. Our homes are too. According to Harvard’s Joint Center for Housing Studies’ Improving America’s Housing 2023 report, our houses are older today than at any time ever recorded. Despite a $567 billion remodeling boom last year, JCHS asserts that greater investment is still needed to improve energy efficiency,

Share to Facebook Share to Twitter Share to Linkedin In this week’s CxO newsletter, we look at the UN Water Conference, how beverage companies dealt with Monterrey’s historic drought and more. To get this to your inbox, sign up here. Several years ago, I stood near a trailer park in downtown Las Vegas, listening to

The tide has turned as housing markets in tech hubs and pandemic migration hot spots are cooling more rapidly than other parts of the country as the tech sector falters and mortgage rates remain elevated, according to a recent survey. The Redfin analysis found that Austin, Texas cooled the fastest over the last year as