An impact nine times worse than 9/11? That’s what the hotel industry is facing
COVID-19 has thrown the commercial real estate industry into turmoil. But there's one sector that the virus devastated almost immediately, hotels.
covid-19
Resiliency amidst uncertainty: Chicago’s industrial market adjusts to a new normal
Entering the new year, the Chicago industrial market was following a tremendous trajectory, continuously rising despite a record-long cycle. While COVID-19 has introduced enough uncertainty…
Eastern Michigan University moving college of business to more centralized location
Eastern Michigan University is planning to relocate its College of Business to central campus, a move that will enhance learning opportunities for students, facilitate faculty…
Englewood Construction donates 200 gallons of sanitizer to support senior housing client during COVID-19
In support of the senior housing sector during the COVID-19 pandemic, Lemont, Illinois-based Englewood Construction recently donated 100 gallons of hand sanitizer and 100 gallons…
CRE: Where are we and where are we going? Observations from a non-economist
What kind of CRE recovery will we see once life returns to semi-normal? Steve Hoyt, chief executive officer of Minneapolis-based Hoyt Properties, predicts a slow…
Lee’s Summit business delivers PPE to fire and police departments
Bennett Packaging in Lee's Summit, Missouri, delivered 500 face shields to the Lee's Summit Fire Department headquarters. The shields will be distributed among all seven…
Sterling Bay partners with Sneaky Fox Spirits to donate hand sanitizer to Chicago’s first responders
Sterling Bay, through the work of its philanthropic initiative, SB Cares, has partnered with local spirits producer, Sneaky Fox, to manufacture and donate 150 gallons…
Colliers: St. Louis industrial market started 2020 with plenty of momentum. And, yes, no one knows what happens now
The St. Louis industrial market started the year strong, according to the latest research from Colliers International. But as with all commercial real estate forecasts…
Apartment executives already feeling the pinch from COVID-19
It hasn't taken long for the COVID-19 pandemic to impact landlords, according to the latest research from the National Multifamily Housing Council.
AECOM completes first phase of McCormick Place’s transformation into alternate care facility
AECOM has completed the first phase of the transformation of Chicago’s McCormick Place into an alternate care facility (ACF) for patients considered COVID-19 positive. Fourteen…