Don't see images? Click Here SUBSCRIBE FOR FREE MANAGE EMAIL PREFERENCES
Bisnow - (Almost) Never Boring
October 4, 2023

Unit Sizes Coming Down Again As Remote Work Renters Gravitate To Common Spaces

What Design & Amenity Trends Do Tenants Still Care About? T. Dallas Smith & Co.'s Corey Ferguson Discusses On Nov. 16

The amenity war among Atlanta’s luxury apartments has grown more social since the depths of the pandemic as renters look for places to gather outside of their units. 

The desire to socialize, especially due to the expansion of the work-from-home revolution, coupled with rising construction costs, has resulted in apartment units that are shrinking in size, panelists said during Bisnow's Southeast Multifamily Summit last week.

Unit Sizes Coming Down Again As Remote Work Renters Gravitate To Common Spaces

“You started to see a lot of one-bedrooms with dens, larger one-bedroom areas where people could just work from home. But now that we’re a couple of years [into the pandemic], we’re starting to see a lot more work-from-anywhere appetite,”

Read the full story here.

  Share:  
 
Perforation

Top Stories on Bisnow.com

Luxury Retailers Leasing More Than Double The Space They Did Last Year Luxury Retailers Leasing More Than Double The Space They Did Last Year
Macy’s Hits Fast Forward On Small-Format Store Plans, Aims To Open 30 New Stores Macy’s Hits Fast Forward On Small-Format Store Plans, Aims To Open 30 New Stores
WeWork Skips $95M In Interest Payments WeWork Skips $95M In Interest Payments
Could Discounted Loan Payoffs Be What Finally Restarts The CRE Debt Market? Could Discounted Loan Payoffs Be What Finally Restarts The CRE Debt Market?
Perforation

'You Sure You Want To Do This?’: Rookie Office Brokers Pursue CRE Careers Despite Downturn

'You Sure You Want To Do This?’: Rookie Office Brokers Pursue CRE Careers Despite Downturn  

There’s an existential crisis facing the office market, with phrases like “urban doom loop” and “office-to-residential conversions” becoming commonplace. That environment might seem like an unfavorable one for young adults looking to start a career. 

But many early career brokers who spoke with Bisnow said they felt energized by the chance to hone skills during a downturn, despite the increased competition and widely acknowledged financial hardships of starting out in CRE. In conversations with nine young office brokers, many of whom entered CRE since the pandemic, and a few in their older 20s and early 30s with some experience, most saw great opportunity and excitement despite the difficulties.

“You can have the highest high and the lowest lows within 20 minutes of each other,” said Orlando, Florida-based Foundry Commercial office brokerage associate Maria Lombardi, a 24-year-old who graduated college in 2022.

Lombardi was the only one of her 48 classmates in her master’s real estate program at the University of Florida who went into office. “My classmates asked me, ‘Are you sure you want to do this? Is this the route you want to go?’” she said. There is also widespread…

Read Full Story

  Share:  
Perforation

Sports Illustrated-Licensed Resorts Coming To College Football Towns, Starting With Alabama

Sports Illustrated-Licensed Resorts Coming To College Football Towns, Starting With Alabama  

Even decades past its peak circulation in the 1980s, the owner of Sports Illustrated is betting on the brand to drive the creation of a resort hotel chain. The owner, Authentic Brands Group, has launched a joint venture with Experiential Ventures Hospitality and Kituwah called Sports Hospitality Ventures…

Read Full Story

  Share:  
Perforation

In Case You Missed It...

Distress Coming For Atlanta Apartments, But Lenders Continue 'Kicking The Can' On Foreclosure Distress Coming For Atlanta Apartments, But Lenders Continue 'Kicking The Can' On Foreclosure
This Week's Atlanta Deal Sheet: T5 Targeting Coweta For Massive Data Center Complex This Week's Atlanta Deal Sheet: T5 Targeting Coweta For Massive Data Center Complex
Stan Thomas Accused Of Hiding Assets To Avoid Paying Judgment On Airplanes Stan Thomas Accused Of Hiding Assets To Avoid Paying Judgment On Airplanes
Highway Construction Has Held Central Perimeter's Office Market Back Highway Construction Has Held Central Perimeter's Office Market Back
 
 
 
BISNOW
 
       
 
You are receiving this email because you are either a member of the Bisnow community, have attended a Bisnow event, because you have a legitimate interest in real estate news and events because of your profession, or because of your business associations, memberships or partnerships.
 
This email was sent to: newsletter.archives@bisnow.com
 
   
 
123 William St, Suite 1505, New York NY 10038
Newsletter Approval Code: 71176