Tag: Hospitality
-
From Ghost Mall to Vibrant Community: The Rise in Cupertino, California
Silicon Valley’s once-abandoned Vallco shopping mall is undergoing a remarkable transformation. The Rise, a visionary mixed-use development, is breathing new life into this 50-acre site, replacing the former mall with a vibrant community that addresses Cupertino’s pressing housing needs. The Rise: A Bold Vision A Historic Moment for Housing In the heart of Silicon Valley,…
-
Revitalizing America: The Rise of Adaptive-Reuse Apartments
In a remarkable resurgence, the United States has seen a significant boost in its housing stock, with nearly 13,000 apartments emerging from the transformation of obsolete buildings. The trend of adaptive-reuse in multifamily developments has surged, with a 17.6% increase in converted apartments compared to the previous year, introducing 12,713 new living spaces into the…
-
Adaptive reuse surges with hotel to apartment conversions
In a remarkable turn of events, 2023 has been a banner year for adaptive reuse projects, with a significant 17.6% increase in the number of buildings converted into apartments compared to the previous year. A Closer Look at the Numbers: Data from a RentCafe report indicates that the adaptive reuse sector introduced approximately 12,700 new…
-
Real Estate in 2023: Exploring the Top 5 Emerging Trends

Real Estate in 2023: Exploring the Top 5 Emerging Trends Real estate ranks as one of the most profitable industries for investors. With ever-changing trends, this sector has its fair share of highs and lows. But in the past few years, the real estate industry has grown due to an uptick in demand. If you’re…
-
The Search for Clarity: Multifamily and Commercial Real Estate Investing in 2023

For the last fifteen years, multifamily and commercial real estate investors surfed a rising wave of increasing property valuations buoyed by abundant and cheap capital. But in 2022 the ebb currents gained the upper hand and liquidity washed away. The culprit? The return to higher interest rates powered by the Fed’s wrestling match with inflation.…
-
The Top Travel and Hospitality Trends to Look out for in 2023

If you were hoping for certainty in 2023 after years of turbulence across the travel and hospitality industry, then you’re probably going to be disappointed. Recessionary risks, continuing inflation, concerned consumers, changing tastes, the lingering effects of COVID-19 and complex geopolitics all cloud the outlook. However, we’re here to pierce the mists of the future…
-
The top 10 most anticipated hotel openings of 2023

Today, I share with you the hottest luxury hotels & resorts that are expected to open their doors in 2023. It promises to be an exciting year as some of these new hotels. The most anticipated hotel opening of 2023 is not on this list though as it’s so secret that only few details are…
-
Are Residential Conversions the Future for Underused Office Towers?

As downtown workplaces struggle to compete with remote work, real estate developers across the country are converting office towers to residential ones. Across the country, a new trend in real estate is emerging: Many of the iconic office towers that dot the skylines of cities from New York to San Francisco are going residential. A…
-
Why hospitality is the best place to invest right now

Investors, operators, brands, and bankers gathered late last year for the 2022 NYU Hospitality Investment Conference in New York, where the optimism was palpable. Despite the bearish market environment, I believe the hospitality industry is well-positioned for the year ahead and stands to benefit from secular tailwinds for years to come. According to reports from…
