In the dynamic world of commercial real estate, success isn’t solely determined by property location or market trends.
In recent years, the rise of electric vehicles (EVs) has been nothing short of revolutionary, fundamentally transforming the automotive industry and paving the way for a more sustainable future.
The history of Wells Fargo is an intriguing tale of transformation and innovation within the supply chain industry. What began as a humble stagecoach business in the 19th century ultimately transitioned into one of the largest and most influential banking institutions in the United States.
Office-to-residential conversions are becoming increasingly common in densely populated cities across America.
While affordable housing policy (or lack thereof) has had a profound impact on multifamily development in New Jersey over the past 5 years, it is becoming increasingly unclear what impact this will have on development in the next 5 years.
AI (Artificial Intelligence) has the potential to transform the commercial real estate brokerage industry in numerous ways. Here are five ways AI may affect commercial real estate brokerage in the future.
The unforeseen collapse of California-based Silicon Valley Bank has not only largely impacted the global financial industry but has caused a rippling effect throughout the economy.
The port of Newark, New Jersey remains the largest container port on the East coast. The port supports over 400,000 jobs and has generated almost $8.5 billion in local, state, and federal tax revenue over the past decade. With import and export routes ranging from Asia, Europe, and Latin America, it has facilitated over 85 million tons of cargo worth more than $211 billion.
American importers pay a significant portion of the increase and US consumers pay the remainder due to the increase on goods manufactured in China. However, China’s economy is slowing, with consumers holding back and infrastructure spending slowing sharply. This slowdown is expected to worsen as America’s tariffs ramp up. On the other hand, the United States has continued to experience vigorous economic growth, including the lowest unemployment rate since 2000.