WMRE talked to a number of real estate investment experts in the first two months of 2023 to get their takes on navigating a climate with higher interest rates and reduced sales volumes.
The Founders Tower is an 18-story, 1.25 million-square-foot shimmering glass addition to San Jose, California, a city Adobe has called home since the early ’90s. The software company’s fourth tower has capacity for 3,000 employee workstations, Adobe said Wednesday in a statement. Despite opening a new office with amenities, the company remains supportive of hybrid and flexible work arrangements.
WeWork is trying to shore up its financial footing by wooing potential investors, reports The New York Times. Build-to-rent projects are weathering higher interest rates, according to Urban Land. These are among today’s must reads from around the commercial real estate industry.
