Commercial Industry News Roundup


Monthly Highlights for commercial real estate

Commercial Industry News Roundup April-May 2022

If you’re in the commercial business, it is esential to keep up on industry happenings. Here are the top headlines across the country for April-May 2022


50,000 Stores Predicted fo Close After Pandemic

UBS is now projecting between 40,000 to 50,000 retail stores in the United States closing over the next five years, down from the 80,000 closures it previously forecasted.

Read Article on CNBC

Are Hotels Coming Back


A report released by the American Hotel & Lodging Association indicated that 2022 hotel business travel revenue is anticipated to be 23% below the pre-pandemic levels.

Read Article on ConnectCRE


Main Street Comeback will rely on small businesses

May 1 through 7 was National Small Business Week. Today more than 32 Million small businesses employ almost half of America’s workforce and represent the heart and soul of countless communities. 



MBA Tempers 2022 Growth Projections for CRE Lending

MBA is expecting lending volume growth to fall short of earlier projections for 2022, but to rebound in 2023 to total nearly $950 billion. 

Read Article on ConnectCRE

Office Trends: Flexible Environments and ABW’s

Stories about COVID-19 and the world of work continue to focus on hybrid activities. Meanwhile, from a commercial real estate point of view, the discussion throws in flexible office space and activity-based working environments.

Read Article on ConnectCRE

Rent Prices are up, But Stability may be in sight

See the current rental trends from across the country.

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