November 17, 2020

THE SOURCE News and Trends in CRE

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Stay Current on CRE Salaries, Bonuses and Benefits

The new 2020 NAIOP/CEL Commercial Real Estate Compensation and Benefits Reports are now available for purchase online. Each include salary, bonus, incentives and benefits for up to 200 positions, and data from 100,000 distinct jobs in the office/industrial, retail and residential property sectors. Data is sortable by company size, type, specialization and more.
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Apply for the $5,000 Diversity Student Scholarship

NAIOP is committed to the next generation of commercial real estate leadership and increasing diversity in the industry. Applications are now open for NAIOP’s scholarship program for students pursuing a graduate degree that will lead to a career in the CRE industry. Applicants must be a NAIOP University member; preference will be given to students who have been traditionally underrepresented in the industry. Apply now!
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Analyzing the Current and Future Impacts of COVID-19 on CRE

In a recent report commissioned by the NAIOP Research Foundation, Stephen S. Fuller, Ph.D., professor emeritus at George Mason University’s Schar School of Policy and Government, detailed changes in different commercial real estate sectors and described how CRE could drive the recovery of the U.S. economy. Read an interview with Fuller on NAIOP’s Market Share blog for additional insights.
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Listen On-demand: Legislative Update Webinar

Last week’s timely webinar provided members with an update on federal legislative activity and executive agency actions affecting the commercial real estate industry, with a specific focus on NAIOP’s top public policy and legislative priorities. Log in to listen on-demand!
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Catch Officecast Session Recaps and Recordings

Recordings of the sessions are now available exclusively to registered event attendees for listening on-demand. Didn’t attend? Visit the NAIOP Market Share blog for some of the highlights.
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CRE Financing Transitions from LIBOR

The London interbank offered rate (LIBOR) is a critically important number in the world of finance and is the basis for hundreds of trillions of dollars in contracts around the world, from complex derivatives to home mortgage loans. Development magazine explores how secured overnight financing rate (SOFR), the new U.S. dollar replacement rate, differs in crucial ways from its longstanding forerunner.
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Winter is a Great Time for CRE Training

If your work is winding down around the holiday season, why not take some time to complete a CRE course and build your skill set? NAIOP’s Center for Education has courses from beginner to advanced level, and the flexible format allows you up to 90 days to complete each course. Register now – courses start at just $149 for members.
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Proposition 15 Defeated in California, Uncertainty Continues for Federal Stimulus

NAIOP and its California chapters were part of a diverse coalition that successfully defeated Proposition 15 by more than 550,000 votes in California.
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CRE Must-reads

Atlanta Fed Announces New Commercial Real Estate Momentum Index

The Federal Reserve Bank of Atlanta (Nov. 9)
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California’s 40-Year-Old Tax Revolt Survives a Counterattack

The New York Times (Nov. 10)
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COVID Is Forcing More Women Out of the Workforce. What About in Real Estate?

Commercial Observer (Nov. 12)
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The Future of “Destination Workplaces”

Market Share Blog (Nov. 11)
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The Hot New Covid Tech Is Wearable and Constantly Tracks You

The New York Times (Nov. 15)
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Pandemic Speeds Americans’ Embrace of Digital Commerce

The Wall Street Journal (Nov. 15)
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REITs Remain Overwhelmingly White As Diversity Push Falls Short

Bisnow (Nov. 15)
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