1. Architecture Billings Index points to major downturn in commercial construction (AIA)
"Largest monthly decline in billings a direct result of pandemic response."
2. Rent Payment Tracker Finds Rent Payment Rate at 95% of Prior Month (National Multifamily Housing Council)
"The share of residents who paid in April increased by 5 percentage points compared to last week."
3. It's time to make your back-to-the-office plan (GBBN)
Congratulations! Your organization has successfully pivoted to remote work and settled into a new routine. Now, it’s time to start preparing for your return to the office.
4. The death of the department store: ‘Very few are likely to survive’ (New York Times)
"Shuttered flagships. Empty malls. Canceled orders. Risks of bankruptcy. The coronavirus has hit the behemoths of the retail world."
5. COVID-19 epidemic demonstrates value of flexible hospital space
Some rooms being repurposed for ICU care.
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Market Data | May 7, 2019
Construction costs in major metros continued to climb last year
Latest Rider Levett Bucknall report estimates rise at more than double the rate of 2018 Growth Domestic Product.
Market Data | Apr 29, 2019
U.S. economic growth crosses 3% threshold to begin the year
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Market Data | Apr 18, 2019
ABC report: 'Confidence seems to be making a comeback in America'
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Market Data | Apr 16, 2019
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Market Data | Apr 8, 2019
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