Inflation Breakdown January 2025
Inflation accelerated in January, driven by rising prices for consumer staples such as groceries and...Continue reading→
Federal Cutbacks Threaten Philly’s Office Market, WCRE’s Todd Monahan Weighs In
WCRE’s Managing Director, Todd Monahan, was recently quoted discussing the potential impact of federal cost-cutting...Continue reading→
WCRE Marks Thirteen-Year Anniversary
This week, the WCRE team marks our thirteen-year anniversary. Our success is the result of...Continue reading→
January 2025 Newsletter
In our January 2025 Newsletter, our team at WCRE discusses the current commercial real estate...Continue reading→
WCRE 4th Quarter 2024 Report
Regional CRE Markets Post Strong Close To The Year Positive Trends in Q4 Presage a...Continue reading→
December 2024 Newsletter
In our December 2024 Newsletter, our team at WCRE discusses the current commercial real estate...Continue reading→
WCRE November 2024 Newsletter
In the WCRE November 2024 Newsletter, we discuss the current commercial real estate events that...Continue reading→
WCRE Helps Feed The Community with 11th Annual Thanksgiving Food Drive
Marking a significant milestone, WCRE | CORFAC International (WCRE) proudly marked its 11th Annual Thanksgiving...Continue reading→
Office Market Signals End to NYC’s Return-to-Office Push
The commercial real estate industry has long sought signs of stability and growth in the...Continue reading→
Real Estate Industry Pushes Back on Broker Fees
New York City renters can now bid farewell to broker fees. The City Council voted...Continue reading→
Real Estate Heirs Break the Cardinal Rule: Never Sell
William Rudin, heir to one of New York City’s top real estate dynasties, grew up...Continue reading→
NYC Leasing Controversy Reveals Office Surplus
New York Mayor Eric Adams’s challenges grew last month when the Manhattan district attorney launched...Continue reading→
WCRE October 2024 Newsletter
In the WCRE October 2024 Newsletter, we discuss the current commercial real estate events that...Continue reading→
Why EQT Exeter and Other Property Investors Call This a ‘Compelling Time’ to Buy
For insight into the recent uptick in commercial real estate deals, consider EQT Exeter, the...Continue reading→
WCRE Third Quarter 2024 Report
Regional CRE Markets Show Early Signs of Stabilization Though challenges remain, most property sectors performed...Continue reading→
Another Tech Giant is Requiring Some Employees to Return to the Office Full-Time
Following Amazon’s decision to return to a full in-person workweek, some of the world’s largest...Continue reading→
Why Are Office Rents Still Rising? It’s Complicated
You may be asking Why Are Office Rents Still Rising? When office vacancy rates hit...Continue reading→
Study finds New York Retail Availability Hits Record Low
New York’s office sector continues to face high vacancy rates, but the retail market is...Continue reading→
Manhattan Office Vacancy Falls as Q3 Leasing Activity Increases
Manhattan’s office leasing market had a strong third quarter, with leasing activity surging and vacancy...Continue reading→
WCRE September 2024 Newsletter
In the WCRE September 2024 Newsletter, we discuss the current commercial real estate events that...Continue reading→
Office Attendance is Rising, but Not for all Employees
The combination of these trends has led to significant milestones in post-pandemic office attendance, though...Continue reading→
CRE Investors Ready to Deploy Capital Following 50 BP Interest Rate Cut
Less than 24 hours after the Federal Reserve’s unexpected 50 basis point interest rate...Continue reading→
The Great Migration is Mostly Over, Halted by Two Economic Shifts
The Great Migration, which saw millions of Americans relocate to new cities during the height...Continue reading→
How Retailers’ Chapter 11 Filings Will Impact Commercial Real Estate
Retail bankruptcies have led to increased vacancies in shopping centers and malls across the U.S....Continue reading→
Fed Cuts Interest Rates by Half Point in First Easing Move in Four Years
On Wednesday, the Federal Reserve cut interest rates by half a percentage point—the first reduction...Continue reading→
Brokers Struggle as Companies Hesitate to Hire
Last week’s hint of an upcoming interest rate cut offered hope for commercial real estate...Continue reading→
New York’s Park Avenue Revamp: Benefits for Landlords
Timeka Jones, a native New Yorker who works between Park and Lexington avenues, enjoys stepping...Continue reading→
Major Banks Report Spike in Noncurrent CRE Loans
In many U.S. cities, once-bustling office buildings now stand eerily quiet. Higher office vacancies are...Continue reading→
New Jersey Investors Focus on Multifamily and Industrial
After a challenging 2023 marked by tight monetary policy and slowing rent growth, New Jersey’s...Continue reading→
Chinatown Leader Vows: ‘We Won’t Back Down’ in Sixers Arena Fight
As city officials review recently released impact studies on the Philadelphia 76ers’ proposed Center City...Continue reading→
WCRE August 2024 Newsletter
In the WCRE August 2024 Newsletter, we discuss the current commercial real estate events that...Continue reading→
Expanding Retailers Actively Seek New Locations
Retailers overcame various economic challenges and signed leases for over 52 million square feet in...Continue reading→
NYC Sidewalk Sheds Cost Businesses Thousands Monthly
Sidewalk sheds and scaffolding darkening Manhattan’s streets are taking a financial toll on the city....Continue reading→
New York’s Residential Market Faces NAR Deadline
When the National Association of Realtors (NAR) announced its proposed settlement and policy updates this...Continue reading→
Can ‘Experiences’ Save Philadelphia-Area Malls
Greater Philadelphia has seen a surge in experiential retailers as consumers seek more interactive shopping...Continue reading→
Macy’s Closures to Spark Significant Changes at Shopping Malls
Macy’s decision to close nearly a third of its stores will lead to significant changes...Continue reading→
New Jersey Industrial Owners Struggle with Growing Big Box Vacancy
A persistent mismatch in New Jersey’s industrial property sector between occupiers’ space needs and the...Continue reading→
Global Stock Dive Pressures Fed for Deep Rate Cut in September
The commercial real estate industry faced sudden uncertainty Monday as recession fears shook global markets....Continue reading→
WCRE July 2024 Newsletter
In the WCRE July 2024 Newsletter, we cover a variety events impacting Philadelphia, South Jersey,...Continue reading→
Philadelphia REIT Benefits From Leasing Momentum
The balance between office tenant downsizing and expansions is now favoring some landlords again, according...Continue reading→
