MidwestCRE C-suite execs: CRE in terrible place right now, but hope awaits C-suite executives agree that the country's real estate market has crashed in the wake of the COVID-19 pandemic and state-ordered shutdown orders. But these same…
MidwestHospitality A sluggish summer: Hotel operators shouldn’t plan on many “No-Vacancy” days this year Will Americans hit the road this summer, even as the country deals with a COVID-19 pandemic that is showing few signs of slowing? Some will,…
IllinoisLegal What tenants and landlords need to know about COVID-19’s effects on commercial leases The COVID-19 global pandemic has wreaked havoc across the country on industries ranging from local restaurants and retailers to health care systems. State and local…
IllinoisOffice Three Chicago firms unite to launch innovative indoor air quality program ESD, Cohesion and Riverside Investment & Development are deploying a state-of-the-art indoor air quality (IAQ) program this summer. The first building to host the program…
MidwestMinnesotaOffice Cushman & Wakefield: The post-COVID office needs to foster connections and creativity How will COVID-19 shape the way offices look? And will the pandemic bring permanent changes to the way offices throughout the Twin Cities and the…
MidwestHospitality New survey: Without federal support, hotels face a grim future A new survey released June 24 by the American Hotel & Lodging Association found that just 18 percent of respondents had taken an overnight trip…
MidwestRetail Pent-up demand, a longing for normalcy and a bit of revenge shopping: A closer look at those surprising retail numbers The number was shocking: U.S. retail sales rose 17.7 percent from April to May. That jump far bested the predictions of economists, who expected a…
MidwestMultifamily Good news for apartment owners: Vast majority of tenants still paying rent on time Despite the economic challenges caused by the COVID-19 pandemic, more than 92 percent of apartment households made full or partial rent payments in the second…
IllinoisCRE Construction costs are down, but uncertainty overshadows opportunity Between June and December of 2008, steel prices fell 40 percent. In fact, throughout what would be the worst economic decline since the Great Depression,…
IllinoisCRE Construction technologies keep socially distant job sites connected Many technologies designed to transform the built environment and improve construction processes have made the transition from beta gadgets to functional tools over the past…