Commercial real estate loan portfolios are facing a tidal wave of maturities at a time when certain commercial real estate classes are potentially entering a crisis. Countless properties were purchased and/or refinanced at a time when interest rates were historically low, and occupancy levels and operating expenses were stable and predictable. All of this has […]
Arecent survey from the U.S. Bureau of Labor Statistics found that the majority of employees (69%) are doing “some or all” of their work at their workplace, while 34% of workers are continuing to perform at least some of their work functions from home.
The state of Connecticut is evaluating the office footprint of state agencies, looking for cost savings and efficiencies, as it plans a consolidation at 450 Columbus Blvd., a sprawling complex along the Connecticut River on the outskirts of downtown Hartford.