COVID-19
Economic Boom or House of Cards? New Forecast Warns of Fragile U.S. Recovery
Despite robust consumer spending and near-4 percent GDP growth, economists warn that mounting debt, asset bubbles, and labor market strains could trigger a...
Nordstrom’s Portland Predicament: Retail Giant Questions Downtown Future Amid Urban Challenges
The luxury department store chain faces mounting pressures in Oregon’s largest city as CEO Erik Nordstrom expresses uncertainty about long-term viability Nordstrom Inc.,...
Downtown Seattle’s Recovery Reveals a Transformed Urban Core
Six years post-pandemic, the district emerges as a mixed-use neighborhood with persistent workplace challenges Downtown Seattle’s economic recovery continues its complex evolution, with...
Remote Work Reaches Stable Plateau as Businesses Adapt to New Normal
A comprehensive new study of over 150,000 U.S. businesses reveals that work-from-home arrangements have stabilized at approximately one day per week for the...
“When Does the Light Turn Green?”: Global Investment Expected to Pick Up in H2 of 2021
By Meghan Hall In 2020, many investors pressed pause on placing capital, waiting for fundamentals to stabilize or for new financial benchmarks to...
Nearly Half of All Americans Missed Rent or Mortgage Payments as the Nation Hits One Official Year of COVID-19
New GOBankingRates’ surveys showcase staggering statistics on how the pandemic has drastically affected Americans across the country during the past year On March 13,...
Vacation Rental Revenues Halved Amid COVID-19 Crisis, Entire Industry to Lose $35B in 2020
By Jastra Kranjec Over the years, the vacation rental industry became a huge business, with millions of tourists choosing fully furnished homes or...
Can the Shopping Mall Survive COVID-19?
By Richard W. Latella & Barrie Scardina There are currently more than 1,000 malls struggling to re-engage a consumer distracted by the convenience...
Mayor Durkan Announces up to $11.6 Million in Funding for Homeless Service Providers to Help Cover COVID-19 Costs in 2020
The City of Seattle expects to invest nearly $150 million in 2020 to support people experiencing homelessness during pandemic Seattle (September 9, 2020) – Mayor Jenny A. Durkan...
Mayor Durkan Announces Bold Action to Invest in 600 Apartments for Homeless Individuals in Response to COVID-19 Public Health Crisis
Office of Housing Accelerates Seattle Housing LevyFunding to Support Proven,Long-term Solution to Homelessness Seattle (August 12, 2020) – To bring more people inside during a public health crisis, Mayor Jenny A. Durkan announced that the City...
Port Cancels RFP Seeking Partner for New Cruise Terminal
In April 2020, the Port of Seattle suspended its planning for a new cruise terminal to serve the Alaska market, citing a need...
NAIOP Survey Reveals CRE Industry Sentiment Post-COVID-19 Cautiously Optimistic
By Meghan Hall While the long-term fiscal and economic impacts of the current pandemic remain unclear for many, there could be a slight...
