Choose your path
Fifty-eight percent of C-suite executives said they plan to invest in commercial real estate despite the current economic environment, while 64% expressed interest in suburban office space, according to an Ernst & Young survey, GlobeSt.com reported Nov. 18. Only 33% of respondents said they plan to downsize their CRE investment.
Rent prices continue to gradually decline in most of the U.S., with the median price for a one-bedroom unit remaining flat and the median price for a two-bedroom unit dropping 0.4%, Zumper reported Nov. 22 in its National Rent Report. New York City rents are most expensive, with a median of $3,790 for a one-bedroom unit.
Pop up content here.