Ryan Severino

Bracing for More Job Losses, Looking Toward Better Days

The unemployment rate is expected to reach 20 percent as layoffs appear to be slowing and experts predict industry-wide change on the road to recovery.

US Braces for More Job Losses

Economists expect this week’s unemployment claims number to jump well beyond the record 3.3 million filed last week.

2020 Prospects: Top Economists Weigh In

Insights on what’s ahead next year from two of the industry’s leading economists.

What to Expect This Holiday Shopping Season

A national survey by JLL previews 2019 holiday trends and the implications for brick and mortar retail.

Commercial Real Estate Industry Outlook for 2019: Who Will Drop the Ball?

The U.S. commercial real estate industry was a powerful machine in 2018 and promises more of the same. But the year ahead will present a number of challenges.

Fed Hikes Interest Rates for Fourth Time in 2018

The Federal Reserve Bank raised its benchmark interest rate a quarter percentage point and signaled fewer hikes in 2019, in a move not unexpected by the CRE community.

150 W. 34th St.

Vornado Realty Trust Refinances NYC Retail Property

The financing replaces an existing $205 million loan on a 78,000-square-foot Manhattan building occupied in its entirety by Old Navy.

Ryan Severino, JLL’s chief economist

How Does Labor Shortage Impact CRE?

As of January, there were 6.3 million unfilled jobs in the U.S., up 16 percent from 2017. In its report Where Are All the Workers?, JLL notes unfilled positions can lead to lower rents and increasing vacancy across property types.

Ryan Severino

How Will Trade Tension Impact Labor Market, CRE?

Continued wage gains aren’t enough to balance concerns over a trade war with China that could slow economic growth.

NAR, JLL Keen on 2018

Sharing their thoughts at the 2017 Realtors Conference & Expo, economists from the National Association of Realtors and JLL expressed confidence in the 2018 commercial real estate market.