20 Years After Katrina, Hotels Define New Orleans. Everything Else Barely Registers
Twenty years on from Hurricane Katrina, New Orleans has been shaped by spectacle and short-term returns, not the foundations of long-term prosperity.
Twenty years on from Hurricane Katrina, New Orleans has been shaped by spectacle and short-term returns, not the foundations of long-term prosperity.
National office availability sits above 22% as tenants pay record rates for space in New York's best buildings, a signal of the deep bifurcation in the sector.
Yields for 10-year U.S. Treasury bonds surpassed 4.5%, potentially resetting pricing and sparking fears among some that widespread distress is ahead.
Heitman, PGIM and Newmark have all flagged high-quality office towers as strong buy candidates after having their valuations battered by the pandemic.
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