130-Foot-Tall, High-Tech Marina Coming To Fort Lauderdale

Affordable housing has long been a crisis issue in Florida, which leads the nation in housing unaffordability. One study by Apartment List shows that 56.5% of renters spend 30% or more of their income on housing. The state fund for affordable housing gets raided by the state legislature year after year, its…

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Close to half of all U.S. apartment renters may be evicted in the coming months, now that eviction moratoriums are fading in most places, as the commercial real estate market adjusts to fewer unemployment benefits to pay the bills and political dynamics change nationwide.

As a measure of the pain that landlords will suffer, especially those depending on rent to pay their own expenses, global advisory firm Stout Risius Ross estimates a $21.5B shortfall in rental payments over the same period. More than 40% of U.S. renter households are at risk of eviction, Stout estimates, or about 17.3 million households. Of that total, it estimates that there will be 11.6 million eviction filings over the last four months of 2020.

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Companies trying to create the future of office space have their hands tied until a coronavirus vaccine is found and a better view of what the world looks like post-pandemic emerges.

Still, office experts predict a changed landscape for employees no matter what happens with the virus.

The biggest transitions will evolve naturally from office buildings having to compete with work-from-home benefits — namely easy access to food, quiet workspaces and the ability to walk in a nearby park or green environment midday for rest and rejuvenation. 

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This series delves into the myriad ways people enter the commercial real estate industry and what contributes to their success.

Presidio Bay Ventures founder and Managing Director Cyrus Sanandaji's commercial real estate career got off the ground while he himself was off the ground.

On a flight from San Francisco to Germany, Sanandaji, then getting his postgraduate degree in Middle Eastern Studies at Oxford, met then-General Services Administration Project Manager Tom Hixson. After chatting for hours about subjects ranging from literature to Sanandaji's current studies, Hixson handed Sanandaji his business card, saying he had a job if he wanted it.

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