Pent-up consumer demand is boosting retail sales across all sectors, leading to healthier fundamentals for retail real estate and a new era of brick-and-mortar shopping.
Over the past couple of years, brands have made considerable strides in setting their stores up to fulfill e-commerce orders and meet delivery demands. Mixed-use real estate, specifically industrial and retail, is essential to the longevity of stores.
There’s no arguing that infusing cities with commerce and growth is important, but after all that we know now, after two years of remote work, is calling people back to the office the right direction to go?
Brooklyn and Queens have been invigorated by tremendous investor interest and are in many ways more aligned in their market dynamics with the suburbs and middle American cities than with Manhattan.
Multiple companies have launched in the last few months to give investors new access to real estate investing but insiders aren’t sure it is the best idea.
Fresh from a pivotal deal that transformed ESR into Asia’s largest property manager, chairman Jeffrey Perlman is bulking up on the physical assets that power Asia’s digital boom such as data centers, logistics hubs and warehouses.
The rollout of the vaccine created a tipping point, and multifamily price per square foot almost immediately began to climb back toward pre-pandemic numbers.
It isn’t clear Adams can do much about getting people back into New York’s offices. But if they don’t come back, both his agenda and his progressive critics rejection of economic development deals will be deeply undercut.
The funding comes from celebrities like Venus Williams and Will Smith, as well as firms like Founders Fund, Canaan Partners, Initialized Capital and NFX.