Leasing Volume, Rent Growth and Investment Activity Have All Fallen By Joshua Ohl (Via: CoStar Analytics October 15, 2020 | 10:58 AM) San Diego’s office sector has endured a challenging stretch since the outbreak of the coronavirus pandemic. Leasing activity stumbled further in the third quarter, falling below 1 million square feet leased in the second […]
Will the remote work craze sparked by COVID-19 sound a death knell for office buildings?
thePaul Davidson (Via: USA TODAY) Elliott Holt was always firmly opposed to letting employees work from home. “There’s no control over it,” says the CEO of a Nashville-based medical records company. “We like to be in control.” With MediCopy growing at breakneck speed, its work-in-the office ethos spelled a feverish expansion of its physical presence in Nashville. […]
Rent Collections Soften in US, Concerns Grow for Apartment Owners
Almost 25% of Tenants Didn’t Pay Up in July, NMHC Survey Says Demonstrators march in the street during the Cancel Rent and Mortgages rally on June 30 in Minneapolis. (Getty Images) By John Doherty (Via: CoStar News) July 8, 2020 | 01:49 P.M. Apartment landlords, as well as their tenants, are now feeling the heat as […]