Rebecca Rockey is an economist and the Global Head of Forecasting at commercial real estate brokerage and advisory firm Cushman & Wakefield. In her role, she studies how economies, demographics, financial markets and commercial real estate interact— both at the macro and micro level. Today’s conversation covers some of the recent changes the Biden Administration enacted with the first phase of the Build Back Better bill. Its impact on commercial real estate is not insignificant and it promises to bring positive change throughout the industry. Rebecca’s perspectives will help us understand the timing of this bill, how different categories of the bill will help impact the industry and we’ll even touch on the dreaded I-word: Inflation.
By Kate Snyder Carmel Partners has purchased a site in Burlingame where the firm plans to construct a multifamily development. The office building was sold...