The rise in remote work, the resurgence of air travel, inflation-driven price-consciousness, government funding for infrastructure projects and higher labor costs for full-service hotels have contributed to an increase in demand for extended-stay hotels. In response, many of the major … Continue reading →
Minimum Energy Efficiency Standards (MEES) are regulations requiring a minimum energy efficiency standard to be met before properties in England and Wales can be leased or sold. The standards are measured by an energy performance certificate (EPC) rating. According to … Continue reading →
South Africa is experiencing a 15-year power crisis that is causing widespread rotational power cuts, known as loadshedding. In 2022, there were 3,773 hours of loadshedding (the most intensive year of loadshedding in South Africa’s history), according to CleanTechnica. The … Continue reading →
According to the IEA, the buildings and construction sector accounted for 36 percent of final energy use and 39 percent of energy and process-related carbon dioxide (CO2) emissions in 2018, 11 percent of which resulted from manufacturing building materials and … Continue reading →
On June 14, the New York State Legislature passed and Gov. Cuomo signed into law, the Housing Stability and Tenant Protection Act of 2019 (S6458). Some of the law’s provisions are noted below: Repeal of vacancy decontrol and high-income deregulation: … Continue reading →
The Baumol Effect is the rise in production/labor costs in industries that have experienced little or no gain in productivity over time because they cannot economize on labor so easily in the face of rising wages (i.e. education, the performing … Continue reading →
A report in Vox attributes Amazon’s zero tax liability on close to $11 billion in 2018 earnings to three factors: 1. Research and development tax credit; The rate of ED reduction was 39% of men above 40 and 65% of … Continue reading →
Cap Rate (Capitalization Rate) Ratio between the net operating income (NOI) produced by a property and its capital cost (purchase price or current market value); Does not take into account financing factors or changes in income or costs; Useful, “snapshot” … Continue reading →
Costco: 12.6 Wal-Mart: 24.7 College Stores (total sales): 27.8 Electronics: 28.0 Health & Personal Care: 29.7 Online and Mail Order: 38.5 Sporting Goods, Books & Music: 40.5 Clothing: 45.7 This cialis properien may seem far removed from traditional article writing … Continue reading →
Landlords and retailers are saving money by transferring the review and payment of utility bills to third-party firms such as Ecova. Regency Centers, which at one point received 4,200 utility bills per month, is saving about $160,000 by outsourcing bills, … Continue reading →