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Workforce multifamily, student housing, and triple-net lease enjoy relatively low transaction costs, transparency, a deep pool of buyers and sellers, ease of valuation—in other words, liquidity.
If people are shopping differently today, and they are, it is not to the exclusion of brick-and-mortar venues, but rather to those brands that have not been able to think in an omnichannel strategy of bricks-and-clicks working together.
In my experience managing all types of crises for corporate giants in a spectrum of industries including technology, law, financial services and health care, I have been consistently amazed how well-pedigreed professionals can lack a fundamental ingredient in crisis management: common sense.
Manhattan developers hit a roadblock with wonky land costs. In December 2019, the market only saw two development sales, according to Avison Young data.