How Chicago Office Development Is Fueling the Multifamily Boom

The Chicago skyline is seeing more office and apartment developments from 2017 well into 2018 thanks to a significant boost in firms re-locating to, or expanding their presence in, the city. Industry watchers are observing significant inventory growth as well as a year-over-year increase in apartment and office rents. In this commentary, DBRS, Inc. (DBRS) Continue reading How Chicago Office Development Is Fueling the Multifamily Boom

The VR Revolution in the Commercial Real Estate Industry

  Business owners could soon find themselves selecting office space from the comfort of their homes. Whether it’s in the city where they live or thousands of miles away, comprehensive virtual tours of properties are becoming a reality. Property buyers will see the most benefit from this new trend, saving on travel costs and time Continue reading The VR Revolution in the Commercial Real Estate Industry

The E-Commerce Takeover: Why Department Stores Are Struggling This Holiday Season

Fewer shoppers are visiting department stores during the holidays, favouring the convenience of purchasing products online instead. This leaves massive retail giants, such as Macy’s (whose stock has been down by 46.0% since the start of 2017), Kohl’s (down by 16.6%), Nordstrom (down by 19.2%) and JCPenney (down by 64.5%), suffering heavy losses, according to Continue reading The E-Commerce Takeover: Why Department Stores Are Struggling This Holiday Season