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Immigration Plan Would Challenge CRE, Occupiers

Cushman & Wakefield's Revathi Greenwood notes that legal, foreign-born workers fill “31% of buildings/grounds maintenance jobs and a quarter of construction positions” in the US.

By Paul Bubny | paulbubny | Updated on September 20, 2017

Photo of Revathi Greenwood Greenwood prepared the Cushman & Wakefield report with her colleagues Rebecca Rockey and David C. Smith.

NEW YORK CITY—The Trump administration’s proposals for immigration policy reform would disproportionately affect certain industries, including commercial real estate, if enacted, Cushman & Wakefield says in a new report. “Legal, foreign-born workers fill 31% of buildings/grounds maintenance jobs and a quarter of construction positions,” says Revathi Greenwood, Americas head of research at Cushman & Wakefield. “Limiting their access into the US would exacerbate the shortage of workers these sectors already face.”

Not only building infrastructure would feel an impact from the proposed RAISE Act. The report notes that since 2000, the number of foreign-born workers employed in this country has increased by 42%, with management/professional occupations in particular growing by 75% over that time. An estimated 3.5 million foreign-born residents work in the management and business field, which constitutes a main driver of office demand.

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