Turning Offices Into Apartments: A New Commercial Real Estate Trend?
Turning old offices into affordable apartments has been a trend in recent years in cities across the US, and it looks like Chicago may be the next city to jump on board. Proposals to convert empty office buildings into affordable apartments are being considered by the...
The Federal Reserve Pauses Interest Rate Increases: 3 Ways This Positively Affects Commercial Real Estate Investors
The mid-June decision by the Federal Reserve to pause its interest rate hikes is a welcome relief for many. The Federal Reserve’s decision brings some additional stability and opportunities for businesses operating in the commercial real estate market. Rising –...
US Economy Growth Signals Opportunity for Investors, Borrowers, and Buyers
The US economy has been showing subtle signs of improvement this season. According to a recent report from Yahoo Finance, the economy regaingrowth momentum this spring, despite ongoing concerns about a recession. The continued increase of rates by the Fed to reduce...
ChatGPT and AI Create Data Center Demand: New Commercial Real Estate Trend
Artificial intelligence (AI) is changing the way businesses operate, and one of the areas where it’s having a significant impact is because of the increasing use and development of data centers. With more demand for AI-powered technologies, data centers have...