Study: Work from home to become a long-term trend



As companies begin to reopen their office doors following the COVID-19 lockdown, a new survey reveals that around one third of employees are hesitant to return to the office, and would rather continue to work from home on a permanent basis. The survey by CreditCards.com in late May found that workers prefer working from home […]

Crescent Lenders Funds Purchase of $2.2 Million Condo



Crescent Lenders recently funded the purchase of a residential luxury townhome in Pasadena that was acquired for 2.2 Million Dollars. The term of the private money loan is for 60 months, but the buyer intends on refinancing the loan in 6 to 12 months time. The loan to value ratio was less than 40% and […]

U.S. companies plan a phased return to work



American firms are likely to take a gradual and cautious approach as they reopen their workplaces amid the COVID-19 pandemic, according to a new survey from commercial real estate company CBRE. Most companies will follow social distancing protocols and readjust their workplaces to ensure they can be implemented. Around half of the 203 companies surveyed […]

Will COVID-19 kill the open office space concept?



Experts say the COVID-19 pandemic is forcing employers to reconsider their office layouts, and the open-office style layout may well get the chop. “While many organizations prepared for employee safety in other ways, the workplace was not designed to mitigate the spread of disease,” Steelcase, a furniture maker, wrote in a newly published brochure called […]

COVID-19 pandemic causes surge in demand for warehouse space



Demand for warehouse space is surging during the COVID-19 pandemic, as retailers are seeing an increasing need for more storage after having been forced to close their stores. The increased demand for storage space is believed to be a direct result of consumers changing buying habits. And while some see the change as only being […]

Tips To Find Office Space That Will Suit Your Business



Whether you’re still starting or expanding your business, one of the most expensive assets that you’ll own has to do with real estate: your office space. Like any other real estate investment, however, when properly chosen, this will always work to your advantage. Even if your business may face uncertainties of how long it may […]

Could vacant malls be used to house coronavirus patients?



What with the number of COVID-19 cases in the U.S. continuing to grow, medical professionals have voiced concerns that the nation could soon run out of hospital beds. And there are questions on how to quarantine patients so they don’t infect others too. Brandon Hardin, a research economist with the National Association of Realtors, has […]

5 Questions You Need To Ask Before Hiring a Commercial Construction Company



Choosing a commercial construction company for your next project is an important decision. It is important to find a commercial construction firm that is willing to coordinate the whole project so it will be successful.  We all know that commercial construction projects like office space, a building, or a restaurant are significant investments. These projects […]

Can more entertainment save America’s shopping malls?



Shopping malls in the U.S. are looking to add more entertainment venues and restaurants as part of an effort to reinvent themselves as “theater districts” focused on socializing and shopping. To do so, many shopping malls have, or are in the process of converting vacant stores on their premises into indoor entertainment destinations, with activities […]

The Latest Trends In Commercial Real Estate



Commercial real estate is a booming industry in the U.S. — it’s set to be worth between $478 and $502 billion in 2020, making it one of the strongest years ever for the industry to date, CBRE reports. For business owners everywhere, commercial real estate should be a top priority. It’s important businesses have a modern building that both […]