Regional Commercial Real Estate Trends
Center City Leaders Prioritize Residential Growth Amid Office Slowdown
![Center City leaders focus on continued growth of residents as office lags](https://wolfcre.com/wp-content/uploads/2024/05/center-city-residential-150x150.png)
Since 2021, over 7,000 new residential units have been built in Center City, transforming its daily population over the past five years. The shift has been from office workers to […]
Read More....Neutrogena to Close LA HQ, Shift Operations to NJ
![Neutrogena to Close LA HQ, Shift Operations to NJ](https://wolfcre.com/wp-content/uploads/2024/04/Untitled-design-3-4-150x150.png)
Neutrogena is relocating its Los Angeles headquarters to New Jersey as part of a consolidation effort by its parent company, Kenvue, recently spun off from Johnson & Johnson. Kenvue, based […]
Read More....Adams & Company’s Midtown Buildings Unite Textile Tenants
![Adams & Company's Midtown Buildings Unite Textile Tenants](https://wolfcre.com/wp-content/uploads/2024/04/Untitled-design-3-3-150x150.png)
Adams & Company aims to transform its buildings into specialized hubs, evidenced by recent agreements with textile companies. Principal David Levy emphasizes the allure of specialty buildings, noting their ability […]
Read More....2024 Trends in Commercial Real Estate
![2024 Trends in Commercial Real Estate](https://wolfcre.com/wp-content/uploads/2024/04/2024-Trends-in-Commercial-Real-Estate-150x150.jpg)
Let’s look at some trends in commercial real estate and what is driving them. The relationship between supply and demand ultimately determines property prices, rents, and yields. However, you must […]
Read More....The exclusivity of New York’s million-dollar earner club is diminishing
![The exclusivity of New York's million-dollar earner club is diminishing](https://wolfcre.com/wp-content/uploads/2024/04/NY-Millionaire-150x150.png)
Between 2020 and 2021, New York saw an increase of over 21,000 tax filers reporting earnings of $1 million or more, as revealed by recent data from the Internal Revenue […]
Read More....Being Together in the Workplace is Essential
![Being Together Turns Out to Be a Big Office Amenity After All](https://wolfcre.com/wp-content/uploads/2024/04/return-to-work-150x150.png)
For Mitch Goldenberg, the decision was clear-cut. Regardless of any return-to-office directive, it held little sway. “I reside in a one-bedroom apartment in New York City. It becomes monotonous,” remarked […]
Read More....WCRE First Quarter 2024 Report
![Q1 2024 WCRE](https://wolfcre.com/wp-content/uploads/2024/04/Q1-2024-WCRE-Cover-150x150.png)
Southern New Jersey & Philly Markets Look to Build on Last Year’s Surprising Resiliency A Soft Landing Seems More Likely than Before, but Higher Interest Rates Remain a Challenge, and […]
Read More....Risant Health Finalizes Acquisition of Geisinger
![Risant Health Finalizes Acquisition of Geisinger](https://wolfcre.com/wp-content/uploads/2024/04/Untitled-design-2-1-150x150.png)
On March 31, Washington, D.C.-based Risant Health, a nonprofit organization affiliated with Oakland, Calif.-based Kaiser Permanente, completed its acquisition of Danville, Pa.-based Geisinger Health. The acquisition marks a significant step […]
Read More....AHR Eagerly Anticipates its Promising Prospects
![AHR Eagerly Anticipates its Promising Prospects](https://wolfcre.com/wp-content/uploads/2024/04/Untitled-design-2-150x150.png)
Following its recent initial public offering (IPO), American Healthcare REIT (NYSE: AHR), headquartered in Irvine, has made substantial strides in reducing its floating rate debt. Engaged in the healthcare real […]
Read More....Institutional Investors’ Retreat: Office Sector Red Line
![Office sector 'a red line' with institutional investors as they retreat from market](https://wolfcre.com/wp-content/uploads/2024/04/city-office-150x150.png)
Institutional investors have significantly reduced their involvement in the office property market, although alternative funding sources are stepping in to partially fill the void. According to a recent analysis by […]
Read More....WCRE March 2024 Newsletter
![WCRE March 2024 Newsletter](https://wolfcre.com/wp-content/uploads/2024/03/WCRE-March-2024-Newsletter-150x150.jpg)
In the WCRE March 2024 Newsletter, we cover a variety events impacting Philadelphia, South Jersey, New York and U.S. Commercial Real Estate. This month we cover major developments in Philadelphia […]
Read More....Anticipate an Increase in Tax Appeals Amidst Growing Discrepancies Between Office Valuations and Assessments
![More Tax Appeals Expected as Divide Widens Between Office Valuations and Assessments](https://wolfcre.com/wp-content/uploads/2024/03/property-tax-150x150.png)
Office property owners nationwide are grappling with an additional challenge amidst increased vacancies and diminished demand, which is resulting in reduced building values and subsequently higher property tax bills. The […]
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