Because it is everyone's favorite buzzword these days, we started thinking about how Artificial Intelligence (AI) will/could impact the commercial real estate (CRE) market. It might surprise you to know that it already does impact CRE and has for several years. Looking forward, here are 10 ways that …
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Real estate sector navigates municipal delays, COVID effects
By Tommy Wood, Biz West BOULDER — The Boulder real estate market is still robust, but frustrations dealing with municipal processes, the transition to hybrid work, and supply-chain constraints all remain concerns. That was the sentiment at the BizWest’s CEO Roundtable on Real Estate, Tuesday, …
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Suburban Office Markets Recovering Faster Than Downtown Areas
From Propmodo, June 17 2022 According to recent data from CBRE, the suburban office markets are recovering faster than downtown areas. Downtown office buildings in most markets remain impacted by a slow return of residents and in-person workers who jumped ship at the start of the pandemic. Data …
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Is it a One-Size-Fits-All return to the office?
Is it a One-Size-Fits-All return to the office? Nope. According to a recent report in Propmodo, returning employees to the office has never been a one-size-fits-all process. Different parts of the country have had varying return rates during COVID, often defined by local politics and health …
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Commercial Real Estate Values Returning to Pre-Pandemic Levels
September 21, 2021 A new CBRE survey finds that commercial real estate values have returned to pre-pandemic levels in many U.S. markets, continuing a recovery throughout the first half of 2021 that began at year-end. From CBRE.com The CBRE survey found that more than two-thirds of …
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