How the future of movie theaters will impact commercial real estate
How the future of movie theaters will impact commercial real estate
If you own commercial retail space that includes a movie theater, you should be paying attention to the state of the theater exhibition industry. AMC Theaters, one of the largest theater chains in the world, recently warned of potential bankruptcy as a result of ongoing impacts of the pandemic. With 1,000 theaters and more than … Continued
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If you own commercial retail space that includes a movie theater, you should be paying attention to the state of the theater exhibition industry. AMC Theaters, one of the largest theater chains in the world, recently warned of potential bankruptcy as a result of ongoing impacts of the pandemic. With 1,000 theaters and more than โฆ Continued
The post How the future of movie theaters will impact commercial real estate appeared first on MRI Software.
If you own commercial retail space that includes a movie theater, you should be paying attention to the state of the theater exhibition industry. AMC Theaters, one of the largest theater chains in the world, recently warned of potential bankruptcy as a result of ongoing impacts of the pandemic. With 1,000 theaters and more than โฆ Continued
The post How the future of movie theaters will impact commercial real estate appeared first on MRI Software.
In our previous blog, we discussed the role of technology in the โGreat Disassociationโ and how the COVID-19 pandemic has accelerated existing trends in remote activity and created new challenges for industries where a consumerโs presence is traditionally required. We covered the many ways in which activities like work, banking, retail, dining, entertainment, fitness and โฆ Continued
The post How will the Great Disassociation impact commercial real estate? appeared first on MRI Software....
In our previous blog, we discussed the role of technology in the โGreat Disassociationโ and how the COVID-19 pandemic has accelerated existing trends in remote activity and created new challenges for industries where a consumerโs presence is traditionally required. We covered the many ways in which activities like work, banking, retail, dining, entertainment, fitness and โฆ Continued
The post How will the Great Disassociation impact commercial real estate? appeared first on MRI Software....
The U.S. Supreme Court recently ended one of its most controversial sessions in recent memory, setting off protests nationwide and hours upon hours of heated debate. Overturning Roe v. Wade has been the most talked-about decision, but one of SCOTUSโs decisions this term regarding the EPAโs authority to decarbonize their electricity sectors will have a direct impact on the real estate sector. The decision in West Virginia v. EPA is nuanced, and the reaction so far has been mixed. Itโs not n...
The U.S. Supreme Court recently ended one of its most controversial sessions in recent memory, setting off protests nationwide and hours upon hours of heated debate. Overturning Roe v. Wade has been the most talked-about decision, but one of SCOTUSโs decisions this term regarding the EPAโs authority to decarbonize their electricity sectors will have a direct impact on the real estate sector. The decision in West Virginia v. EPA is nuanced, and the reaction so far has been mixed. Itโs not n...
COVID-19 is dominating the news agenda, and while the immediate effects are clear, the long-term impact is still very much an unknown โ and thatโs giving everyone in the commercial real estate industry reason to consider both the near- and long-term future. While under the current circumstance itโs difficult to predict what the commercial real โฆ Continued
The post The impact of COVID-19 on commercial real estate: Part 1 โ the future of retail appeared first on MRI Software.
COVID-19 is dominating the news agenda, and while the immediate effects are clear, the long-term impact is still very much an unknown โ and thatโs giving everyone in the commercial real estate industry reason to consider both the near- and long-term future. While under the current circumstance itโs difficult to predict what the commercial real โฆ Continued
The post The impact of COVID-19 on commercial real estate: Part 1 โ the future of retail appeared first on MRI Software.
Three-quarters of US states have already legalized cannabis in one form or another. Thirty-eight states have legalized medical marijuana, while nineteen states have approved sales and possession of cannabis for recreational purposes. With more states legalizing recreational marijuana, 44% of Americans now have legal access. In 2021, weed sales reached $25 billion as 50% of cannabis users increased their consumption since the pandemic. And with only 8% of surveyed adults against the legalization ...
Three-quarters of US states have already legalized cannabis in one form or another. Thirty-eight states have legalized medical marijuana, while nineteen states have approved sales and possession of cannabis for recreational purposes. With more states legalizing recreational marijuana, 44% of Americans now have legal access. In 2021, weed sales reached $25 billion as 50% of cannabis users increased their consumption since the pandemic. And with only 8% of surveyed adults against the legalization ...
The impact the COVID-19 virus is having on the commercial real estate sector is immense. We recently looked at how the pandemic is specifically affecting retail landlords and tenants, as they struggle in the face of self-isolation, social distancing and regional lockdowns. In this, the second installment in this two-part series, we look at how โฆ Continued
The post The impact of COVID-19 on commercial real estate: Part 2 โ the future for the office workspace appeared first on MRI Software.
The impact the COVID-19 virus is having on the commercial real estate sector is immense. We recently looked at how the pandemic is specifically affecting retail landlords and tenants, as they struggle in the face of self-isolation, social distancing and regional lockdowns. In this, the second installment in this two-part series, we look at how โฆ Continued
The post The impact of COVID-19 on commercial real estate: Part 2 โ the future for the office workspace appeared first on MRI Software.
The US Federal Reserve signaled earlier this year that it expects to raise interest rates further this year, which by March 2022 had already risen by a quarter point. Since then, the Federal Reserve has had an additional three quarter point increase in the Fed Rate. Experts believe interest rates will continue to climb well into 2023 as we combat inflation; thatโs the highest weโve seen in the last 40 years. Economists predict that rates could potentially reach as high as 8% and have drastic...
The US Federal Reserve signaled earlier this year that it expects to raise interest rates further this year, which by March 2022 had already risen by a quarter point. Since then, the Federal Reserve has had an additional three quarter point increase in the Fed Rate. Experts believe interest rates will continue to climb well into 2023 as we combat inflation; thatโs the highest weโve seen in the last 40 years. Economists predict that rates could potentially reach as high as 8% and have drastic...
New digital strategies and tech-savvy clientele are requiring companies to change how they approach their work, as automation continues transforming operations. Technology specialists will be in ever greater demand, with companies seeking improved efficiency and compliance, especially as newer technology rolls out. Still, mortgage producers will always be part of the equation, industry leaders say.Todayโs trends are โchanging the industry of understanding what technology can do, welcoming i...
New digital strategies and tech-savvy clientele are requiring companies to change how they approach their work, as automation continues transforming operations. Technology specialists will be in ever greater demand, with companies seeking improved efficiency and compliance, especially as newer technology rolls out. Still, mortgage producers will always be part of the equation, industry leaders say.Todayโs trends are โchanging the industry of understanding what technology can do, welcoming i...
Phoenixโs real estate market has been hot for quite some time, like much of the Sun Belt. According to Colliers, office, retail, and industrial investment sales in Phoenix through June 2022 totaled $4 billion. In 2021, Phoenix experienced record-breaking commercial real estate sales, and local, national, and international investors continued to show interest in the city. Colliers reports that Phoenix posts top-tier jobs, strong home sales, rising land prices, and stable rental rates. โNew in...
Phoenixโs real estate market has been hot for quite some time, like much of the Sun Belt. According to Colliers, office, retail, and industrial investment sales in Phoenix through June 2022 totaled $4 billion. In 2021, Phoenix experienced record-breaking commercial real estate sales, and local, national, and international investors continued to show interest in the city. Colliers reports that Phoenix posts top-tier jobs, strong home sales, rising land prices, and stable rental rates. โNew in...
Emerging technologies and shifting homebuyer demographics have begun to shake up the real estate industry in recent years. These factors have influenced all aspects of traditional real estate transactions ranging from the way properties are listed to average closing times. This has left many investors wondering where the future of real estate is headed and how to adapt to these changes. Keep reading to learn how to prepare yourself, and your business, for the future of real estate. The Future Of...
Emerging technologies and shifting homebuyer demographics have begun to shake up the real estate industry in recent years. These factors have influenced all aspects of traditional real estate transactions ranging from the way properties are listed to average closing times. This has left many investors wondering where the future of real estate is headed and how to adapt to these changes. Keep reading to learn how to prepare yourself, and your business, for the future of real estate. The Future Of...