SIOR Weekly

CRE News

How a prolonged government shutdown could impact commercial real estate

Bisnow

The U.S. federal government shutdown has begun to impact facets of the commercial real estate industry, from multifamily loans to government contracts to retail spending — and the effects could be greater if it does not end soon.

Visit https://www.bisnow.com/national/news/economy/how-the-government-shutdown-could-affect-commercial-real-estate-96363 to view the full article online.

Chrysler Building hits the market, could go for $500M-plus

Commercial Observer

The owners of the landmark skyscraper – Tishman Speyer and an Abu Dhabi government fund – have tapped CBRE to market the storied office tower located at 405 Lexington Avenue, across the street from Grand Central Terminal.

Visit https://commercialobserver.com/2019/01/chrysler-building-hits-the-market-could-go-for-500m/ to view the full article online.

CRE firms expect solid lending activity in 2019, despite tough conditions

National Mortgage News

Lagging construction, rising interest rates and the broader economy do not bode well for buyers of commercial real estate, but most CRE lenders still expect originations to increase in 2019, according to the Mortgage Bankers Association.

Visit https://www.nationalmortgagenews.com/news/commercial-real-estate-firms-expect-solid-lending-activity-in-2019 to view the full article online.

7 property management technology trends to look out for this year

Propmodo

Digital transformation is requiring real estate professionals to look at modern ways to remain competitive. Building owners, property managers and building engineers must replace outdated business operations, decision-making models and equipment to deploy innovations that will cut operational costs, improve tenant relations, increase energy efficiency and boost overall asset value.

Visit https://propmodo.com/7-property-management-technology-trends-to-look-out-for-this-year/ to view the full article online.

SIOR Happenings

SIOR Pulse: What's the big deal about global deal-making

SIOR membership allows real estate professionals to form relationships across countries to ensure trustworthy contacts and efficient deals. In this interview with John Huguenard, SIOR, learn how his work as international director, industrial capital markets at JLL and his SIOR membership enhanced his global transaction experience.

Visit http://blog.sior.com/whats-the-big-deal-about-global-deal-making/ to view the full article online.

Bright Ideas

Visit https://www.naylornetwork.com/sio-nwl/articles/index.asp?aid=539715&issueID=59290 to view the full article online.

Managing when the future is unclear

Harvard Business Review

There are three things you can do today that will put you in a better position to manage strategic ambiguity: Take pragmatic action, cultivate emotional steadiness and tap into others’ expertise.

Visit https://hbr.org/2019/01/managing-when-the-future-is-unclear to view the full article online.

An open secret: Open office plans are the worst

CBS Sunday Morning

Approximately 70 percent of U.S. workspaces are set up as open, where architectural walls disappear, stripping any creative boundaries between you and your cubicled colleagues.

Visit https://www.cbsnews.com/news/faith-salie-on-open-office-plans/ to view the full article online.

Sustainability benefits commercial real estate in Idaho

Idaho Business Review

Doing good for the environment, such as reducing water use, energy consumption and waste, saves significant money in the commercial real estate sector. And it’s more than just fixing leaks.

Visit https://idahobusinessreview.com/2019/01/08/sustainability-benefits-commercial-real-estate-in-idaho/ to view the full article online.

Society of Industrial and Office Realtors