The use of transit and commuting has come to a halt since the start of the pandemic. Now, people are wondering what continued social distancing measures will mean for the future of subways and busses. How might the office community be impacted with limited commuter options moving forward? How will a lack of accessibility to […]
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10Jun
Transit During The Era Of Social Distancing: How The Pandemic Has Impacted Transit & What That Means For Boston
Capital MarketsLeave a commentBy Cameron Sperance | Bisnow | March 5, 2020 A string of recent layoffs in Boston was bad news for the city’s typically robust tech sector. But analysts say the furloughs have more to do with normal business operations than signs of a tech pullback from Beantown. Cambridge-based Akamai Technologies cut around 75 jobs in early February. Wayfair laid off […]
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How should I approach value today? Property valuations of non-hospitality related asset classes are down approximately 5% – 10% with many investors requiring a ‘credit’ guarantee on all rents for new acquisitions. We are also starting to see a systemic shift in underwriting, with a drastically more conservative outlook on vacancy, future rent projections, and […]
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