Defaults Still Surging on Office Loans

While return to office is in full swing in most industries, 2024 still ended with a wave of loan defaults in the office sector. Refilling pandemic driven vacancies and the associated rental abatements/ concessions take time, so borrowers, particularly in the hardest hit office sectors haven’t been able to keep up with loan payments. Five…

Best States for Manufacturing in 2024

Ranking States by Competitiveness for Manufacturing As we head toward the end of the year, some interesting rankings for the manufacturing sector. While specific criteria depend on a project’s needs, standard site selection variables drive most manufacturing location decisions: access to qualified labor, competitive costs, and strategic geographic positioning. Speed to market has also become…

Evolving Office Spaces: A Key to Attracting and Retaining Labor

The post-COVID era has redefined many aspects of the professional world, with one of the most notable shifts being the evolution of office environments. As companies increasingly enforce return-to-work mandates, the demand for high-quality office spaces has surged. This trend reflects a broader understanding that the quality of a workspace significantly impacts employee recruitment, retention,…

Visualizing Site Selection

Normally, visualizing data and visualizing a site require very different technologies. In the world of site selection, however, they go hand-in-hand to help project teams evaluate potential locations.   Site (Location) Visualization Take, for example, the power we now have to perform site reconnaissance remotely, via platforms like ESRI, Google Earth, and Google Maps or…