Commercial real estate experienced a year like no other in 2020. With workers at home, office buildings are sitting vacant. And with the high unemployment numbers, some rent is not getting paid at all, or people are asking for a forbearance. The traditional retail mall and the hospitality industries have
Ten months into the economic crisis caused by the coronavirus, and clearly the effects are being felt all across the country, including in the commercial real estate business. The entire country has changed long-established habits of shopping in strip malls, going to work, and buying groceries in person. Underlying these
What do New York City; Seattle; Pryor, Oklahoma; and Arlington, Virginia all have in common? These are the homes of the newest hot spot real estate buys for the big five tech companies: Amazon, Facebook, Apple, Microsoft, and Google. In a time when the country is dealing with lockdowns and
There is no question that a catastrophic global event such as the coronavirus pandemic affects the world economy. With people stuck in their homes during the spring lockdown, buying and selling ground to a virtual halt. Big businesses hid their cash, families stopped spending, the hotel and travel industry was
When the coronavirus came hurtling to the west coast of the United States early this year, cascading eastward, it brought with it a secondary virus: economic disaster. Much of the country went into lockdown, shuttering restaurants, bars, health clubs, spas, salons, and any business not deemed “essential.” The hotel industry has
The past week has been a big one for China trade relations, with Xi Jinping and his advisors opening up the world’s second largest economy through the Regional Economic Partnership of Southeast Asia. This connection has been 40 years in the making. In 1978, Mao Zedong’s Cultural Revolution originally opened
A few days ago, lawmakers presented their opinion regarding a potential breakup of tech giants, Facebook, Google, Amazon, Apple, and Microsoft, citing stringent antitrust laws and enforcement measures. As per their argument, Microsoft, Facebook, Amazon, Apple, and Google now hold monopoly power that they utilize to erase competition and mute
The big name in delivery is Amazon, which normalized the idea of unlimited and free single-day shipping. They seem to be dominating the e-commerce game, but a new big and familiar competitor is set to shake up the board: Walmart. Walmart has long been a retail giant, but their recent
In this day and age of industry verticals and the ever need of being dynamic even within your space, none is more obvious than the IT business within small to mid-size operations. When speaking to any small-mid size CEO or executive about how they look at technology, it is usually