A new study conducted by the University of California at Berkeley and Lawrence Berkeley National Laboratory has made a connection that may help real estate lenders issue safer loans. Trepp reports that there is a tight correlation between efficient energy use and the likelihood of loan default. The study, funded by the Department of […]
In the early 2000’s, open-office plans were the new hot commodity in the world of business. These open spaces allowed for a much welcomed break from the monotony of the traditional workplace. Conversation and interaction replaced the usual silence that one would experience when working in a traditional office filled with cubicles or closed […]
Construction of new commercial space is not only time consuming but it is also expensive. From start to finish, building a new space is a very large task to tackle. There is so much between expenses, different firms working together, as well as the actual construction where a mistake or holdup can cost a […]
When Amazon openly asked for cities to submit proposals for their second headquarters less than two weeks ago, naturally there was a great deal of interest. The e-commerce powerhouse has just begun their process, stating in a tweet that “every city is on an equal playing field”, but some say Boston could be a front […]
Agents everywhere are bound to eventually face the task of turning a less than appealing office building into a place where tenants will be excited to work. The rising number of millennials entering the workforce has in turn created a rising demand for trendy, creative, yet efficient work spaces. While reinvigorating an old space […]
With the Seaport “Innovation District” drawing in industry leaders like Reebok and GE, growing tech startups are beginning to fill the space left behind downtown. The modernizing economic climate in Boston has created a greater appeal for the waterfront locale. With new models for collaborative work spaces, company headquarters, and housing, the Innovation District has […]
On March 15, the Federal Reserve announced their decision to raise the short-term interest rate to 0.75% – 1%. The Federal Reserve Report on Monetary Policy reports that rates are expected to continue rising to accommodate changes in labor market conditions, levels of inflation, and financial and international developments. The predicted trajectory for future rates […]
August, a month known for its relaxation and tapered turnaround pace, took an unexpected turn this year. The late summer month experienced more activity in the commercial real estate market than both the winter and spring seasons. Following a slow start to 2017, the leasing, absorption, and sales volume over the first three weeks of […]
As Boston undergoes a long-term growth strategy to develop and enhance specific neighborhood areas through community planning and land use, the commercial market demand for these areas will increase. The presence of major corporate residents has a cascading effect for corporate leasing opportunities with companies looking to expand their operational presence to attract top talent. Small […]
While the broad standards for business loans have remained unchanged, loan officers at U.S. banks reported tightening lending standards on commercial real estate loans and a weaker demand for both types. According to a quarterly survey conducted by the Federal Reserve, banks reported stricter standards for construction and land development loans as well as loans […]
