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Tonkon Torp LLP

Has the Commercial Real Estate Market Hit Bottom Yet?

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On July 17, 2024 I attended a webinar hosted by First American Title about the commercial real estate (CRE) market in transition. Here are some important takeaways. In the overall economy, inflation peaked in the summer of...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (7/2/24) – Increase in Commercial Property Vacancy Rates, Trouble for the Real Estate...

In our latest roundup, the evolution of stadium construction, an increase in legal and legislative action affecting the multifamily sector, and growing concerns for owners of office space....more

Venable LLP

District of Columbia Establishes New Tax Incentives for Office Repositioning in Downtown

Venable LLP on

On June 25, 2024, the D.C. Council passed the Downtown Activation Conversion Program Amendment Act of 2024, in a strategic effort to revitalize the downtown area—including portions of Dupont Circle, West End, Foggy Bottom,...more

Pillsbury - Gravel2Gavel Construction & Real...

Adaptive Reuse: Creative Reimagining of Former Office Space to Address Differing Demands

Empty office buildings downtown. A housing shortage in almost every major market. Is there a way to address both issues at once by converting historic but underutilized office buildings into apartments and condos in city...more

Carlton Fields

Creative Reuse: The Opportunities and Challenges of Converting Office Space to Residential

Carlton Fields on

Commercial owners are faced with new financial realities in 2022. Tenants’ desire for less space and the shortage of housing provide new opportunities for landlords by converting their office space and other hard assets to...more

Kohrman Jackson & Krantz LLP

Downtown vs. Suburban Offices: Commercial Office Space Leasing In A Post-Covid Market

Twenty-seven months ago, we couldn’t begin to comprehend the length or severity of the pandemic, nor its long-term effect on commercial office space. Today it is still not possible to make an accurate prediction, but a few...more

Tonkon Torp LLP

Office-to-Apartment Conversions – A Good Idea, but Tricky to Pull Off (Audio)

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Attorney Kimberlee Stafford studies office-to-apartment conversions as a possible response to the housing crisis. Apartments, Commercial Buildings, Conversion, Office Closures, Residential Leases, Single-Family Housing,...more

Allen Matkins

Office Developers Signal an Upward Turn in the Market

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While the question, “what is the future of the office building?” is still on the minds of everyone who owns or develops office space, it has become clear that the latest return-to-office activity has our Allen Matkins/UCLA...more

Tarter Krinsky & Drogin LLP

Law Brief®: David Pfeffer and Richard Schoenstein Discuss the Future of Offices

On the latest Law Brief® episode, partner and chair of the Construction practice David Pfeffer joins partner and host Richard Schoenstein to discuss the future of office design and construction in New York City and the...more

Allen Matkins

2020 Allen Matkins View From the Top: Top 10 Commercial Real Estate Trends

Allen Matkins on

The annual Allen Matkins View From the Top looked a little different this year, having gone virtual for the first time in its 13-year history. But that didn’t stop nearly 1,700 attendees from gathering online to hear panels...more

Goodwin

Envisioning the New Normal: Real Estate + Technology, Part 8: Series Wrap-Up

Goodwin on

This article is the final piece in a multi-part series examining the impact of the COVID-19 pandemic on select real estate sectors and the considerations around how technologies will shape future operations and accelerate...more

Allen Matkins

California CRE to Expand in 2022

Allen Matkins on

The Winter 2020 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that although the economy is predicted to slow in 2020, developers’ views on most California commercial real estate in 2022...more

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