COVID-19

The office vacancy rate has reached 19.1%, far above the 15.5% vacancy rate during the Financial Crisis.

In Europe and other parts of the world, employees expect a full return to the office.

San Francisco and Las Vegas are among the firm's top target markets for affordable housing investment this year.

NAIOP's annual report for 2021 shows commercial real estate's growing impact on the US economy.

Real estate is the second or third largest expense on a company's balance sheet, making it a top priority during a corporate merger.

The firm acquired Assisted Living and Memory Care facilities totaling 160 units in the Northern California cities of Dublin and Novato.

Some industries are doubling down on office space and signing new lease deals, while others are shedding space.

"The pandemic has created additional complexities for commercial appraisers assigning value to office assets as uncertainty exists in the market," says Lucas Rotter, founder and CEO, of Valcre.