{"id":1004756600,"date":"2025-05-07T10:12:28","date_gmt":"2025-05-07T18:12:28","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004756600"},"modified":"2025-05-20T06:05:52","modified_gmt":"2025-05-20T14:05:52","slug":"wealth-surge-drives-family-office-growth-evolution","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/","title":{"rendered":"Wealth Surge Drives Family Office Growth, Evolution"},"content":{"rendered":"\n

<\/p>\n\n\n

\n
\"Rebecca\n\t\t\t\n\t\t\t\t\n\t\t\t<\/svg>\n\t\t<\/button>
Family offices are recognizing the value of operational technology, says Rebecca Gooch, head of Deloitte Private Global Insights<\/figcaption><\/figure><\/div>\n\n\n

Since the pandemic, family offices have grown from 6,130 to 8,030 globally and are expected to increase by 2030 to 10,720, according to a new Deloitte report<\/a>. That equates to a 75 percent increase over the last decade.<\/p>\n\n\n\n

Family offices now hold $3.1 trillion in assets under management globally and will continue to gain influence in financial markets as their AUM rises. AUM is expected to rise 73 percent to $5.4 trillion by 2030, Deloitte reported.<\/p>\n\n\n\n

\u201cThis growth can be attributed to the rapid rise in private wealth worldwide, paralleled by climbing demand for dedicated wealth management structures and service provision,\u201d said Rebecca Gooch, head of Deloitte Private Global Insights, who noted that by 2030 family office AUM will surpass hedge funds.<\/p>\n\n\n\n

\n\n\n\n

READ ALSO:<\/strong> CRE’s New Money Movers<\/a><\/p>\n\n\n\n

\n\n\n\n

The wealth of the world\u2019s more than 2,600 billionaires reached $14 trillion in 2024, up from $4 trillion in 2007 and a 245 percent increase over this period. The Americas dominate with 46 percent of billionaires, while APAC and EMEA each account for 27 percent of billionaires.<\/p>\n\n\n\n

The wealth generators<\/h2>\n\n\n\n

In the Americas, the technology sector has produced some of the wealthiest people in the world, noted Katie Day, JLL’s head of Private Wealth, Americas. \u201cThe financial sector is another major source of wealth as many billionaires made their fortunes through private equity, hedge funds, investment management and brokerage,” she added.<\/p>\n\n\n\n

In the EMEA region, consumer goods are the most dominant wealth originator, like the luxury brand space, and in APAC, Day said, “it\u2019s a balance of technology prowess by entrepreneurs with the industrial might of old money.\u201d<\/p>\n\n\n\n

The aggregate wealth of high-net-worth individuals now exceeds $200 trillion globally, according to Day. And private wealth investors<\/a>, including family offices, transacted over $1.5 trillion in direct deals globally since 2013, of which roughly $643 billion was invested in the Americas, according to JLL historical data.<\/p>\n\n\n\n

Technology platforms also have played a role in family office growth by enabling formation of \u201casset-light\u201d and \u201cvirtual\u201d family offices and lowering the AUM threshold for a single family office, according to Lei <\/strong>Farrand, managing director of capital markets at Kingbird Investment Management. Technology also provided the ability to access private alternative investments in a more democratic manner through platforms and private investor networks, she added.<\/p>\n\n\n

\n
\"Katie
The top U.S. destinations for foreign family office investment are New York, Los Angeles, Dallas and Phoenix, according to Katie Day, JLL’s head of Private Wealth, Americas<\/figcaption><\/figure><\/div>\n\n\n

While family offices are often ahead of the curve when it comes to investing in emerging technology, however, due to their small size, they have frequently fallen behind larger institutions when it comes to adopting new technology.<\/p>\n\n\n\n

Now many family offices are recognizing the value of operational technology in running a modern business, and nearly half of them\u201443 percent\u2014are developing or rolling out a new technology strategy, Gooch noted.<\/p>\n\n\n\n

\u201cWhile it\u2019s common for family offices to use basic forms of technology, such as cloud-based applications and mobile communication apps, some are venturing into more advanced areas, with over one in 10 family offices now adopting artificial intelligence in their operations,\u201d she said.<\/p>\n\n\n\n

Increased transparency in markets also has helped to propel family office growth by improving the level of comfort in being able to do due diligence and manage these types of investments in-house vs. outsourcing. The \u201calpha\u201d generated by such investments justifies the cost of setting up a single family office, suggested Farrand.<\/p>\n\n\n\n

And with generational stewardship increasing, more models of successful multi-generational family governance exist today to inform future generations on how to grow wealth and form new family offices that meet distinct needs, rather than consolidating multiple generations under one office, she pointed out.<\/p>\n\n\n\n

Family offices: caterpillar to butterfly  <\/h2>\n\n\n\n

But family offices are not only growing. They are evolving into highly sophisticated investment facilities that are increasing staff, adopting institutional investment practices and advancing investment capabilities with more diversified investment portfolios than their traditional office niche, Gooch noted.<\/p>\n\n\n\n

This transformation grew out of the pandemic when family offices began to realize the distinct edge provided by blending institutionally rigorous research-driven management, similar to traditional investment managers, with the flexibility, agility and alignment of a private investor, Farrand went on to say.<\/p>\n\n\n\n

\u201cWealth preservation and growth today demands a different level of risk management,\u201d she added, noting that \u201cdirect access to value-add and opportunistic strategies in real estate vs. core asset allocation has shifted the burden of active asset management and downside protection measures squarely into their own hands.\u201d<\/p>\n\n\n

\n
\"Lei
Institutional-level rigor and agility are a powerful combination for family offices, notes Lei Farrand, managing director of Capital Markets at Kingbird Investment Management<\/figcaption><\/figure><\/div>\n\n\n

To this end, family offices have built in-house teams to execute more sophisticated, multi-asset strategies; aligned expertise in underwriting, structuring, and managing the often dynamic, tax sensitive elements of diversified, direct real estate allocations; and identified ways to provide downside protection for allocations, Farrand continued.<\/p>\n\n\n\n

\u201cThey also are increasingly allocating capital to achieve compelling risk-adjusted returns or produce durable income, while simultaneously achieving legacy planning objectives, such as impact investing,” she said. \u201cThink affordable housing, Opportunity Zone funds, or growth capital for the next generation of real estate operating companies.”<\/p>\n\n\n\n

Given the compelling strength of U.S. real estate and historically reliable returns, it is now common for foreign-based family offices, particularly in Europe and the Asia-Pacific, to invest in U.S. real estate investments, said Farrand. \u201cThis has enabled overseas family offices to diversify their portfolios geographically to mitigate risk and capitalize on promising opportunities.\u201d<\/p>\n\n\n\n

According to Day, the top U.S. destinations for foreign family office investment are New York, Los Angeles, Dallas and Phoenix.<\/p>\n\n\n\n

A mix of old and new investment strategies<\/h2>\n\n\n\n

Family offices most commonly employ a “balanced investment strategy,” which includes both preservation- and growth-oriented investments, as a means to both mitigate risk and capitalize on growth opportunities, Gooch said. They also tend to hold well-diversified portfolios across both asset classes and geographies to achieve their objectives.<\/p>\n\n\n\n

\u201cFamily offices and high net worth investors utilize commercial real estate investments for portfolio diversity and stability, but it can also serve as an opportunity to invest in sectors they are passionate about, like hotels or marinas or asset classes that align with their family business,” Day suggested.<\/p>\n\n\n\n

Strong gains in private equity have made it the number-one asset class for family offices, followed by public equities, real estate, fixed-income and other lesser-allocated-to asset classes, like hedge funds, commodities and digital assets, said Gooch. “However, maintaining an effective mix of investments helps family offices achieve their goal of intergenerational wealth preservation and growth,\u201d she added.<\/p>\n\n\n

\n
\"Three<\/a>
Image AI generated by Mirifadapt\/Adobe Stock<\/em><\/figcaption><\/figure><\/div>\n\n\n

From a real estate standpoint, family offices have traditionally focused primarily on office assets, but since the pandemic they have been shifting away from the office sector toward residential deals and, when viable, are repurposing their office assets to housing, Gooch mentioned. This trend is being fueled by rising office vacancy rates, changing work patterns and supportive policies of local governments aimed at revitalizing depressed business districts and increasing housing stock in urban areas. <\/p>\n\n\n\n

But they also are allocating more to industrial and logistics, as well as niche segments, like senior housing, care homes, data centers, health centers, student housing, life science, medical office and self-storage, Gooch noted.<\/p>\n\n\n\n

Mitigating uncertainty <\/h2>\n\n\n\n

Tasked with preserving and growing family wealth across generations, risk management will continue to be a key focus of family offices. \u201cCOVID-19 and recent and ongoing geopolitical developments impacting turbulence in financial markets have magnified this focus, propelling family offices to further diversify their portfolios\u2014across both asset classes and geographies to help mitigate investment risk,\u201d Gooch continued.<\/p>\n\n\n\n

On the other hand, family offices\u2014flush with cash\u2014are preparing to capitalize on opportunistic deals generated by fluctuating markets, Gooch mentioned. Deep pockets and \u201cpatient capital\u201d enables them to act quickly and decisively.<\/p>\n\n\n\n

\u201cFamily offices\u2019 flexibility\u2014and generally, long-term view\u2014allows for a unique positioning across cycles, whereby we see them observing structural and cyclical trends to inform where they see the most compelling risk-adjusted return at a given point in the cycle to deploy capital into,\u201d Farrand said.<\/p>\n\n\n\n

In the current environment, for example, they are partnering with regional sponsors in multifamily to take over well-located, stabilized rental apartment assets with distressed capital structures directly from lenders, she noted.<\/p>\n","protected":false},"excerpt":{"rendered":"

They\u2019re becoming more sophisticated\u2014and maintaining their flexibility.<\/p>\n","protected":false},"author":3366,"featured_media":1004757013,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,21825,21783,51037],"tags":[32782,32796,52614],"class_list":["post-1004756600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-finance","category-investment","category-trends","tag-deloitte","tag-jll","tag-kingbird-investment-management"],"acf":[],"yoast_head":"\nWealth Surge Drives Family Office Growth, Evolution - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wealth Surge Drives Family Office Growth, Evolution\" \/>\n<meta property=\"og:description\" content=\"They\u2019re becoming more sophisticated\u2014and maintaining their flexibility.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-07T18:12:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-20T14:05:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/HomeOffice_AdobeStock_909035554.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"619\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Patricia Kirk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/\",\"name\":\"Wealth Surge Drives Family Office Growth, Evolution - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/HomeOffice_AdobeStock_909035554.jpg\",\"datePublished\":\"2025-05-07T18:12:28+00:00\",\"dateModified\":\"2025-05-20T14:05:52+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/05b48368428f74203116fc96872e12d2\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/HomeOffice_AdobeStock_909035554.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/HomeOffice_AdobeStock_909035554.jpg\",\"width\":800,\"height\":619,\"caption\":\"Image AI generated by Mirifadapt\/Adobe Stock\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Wealth Surge Drives Family Office Growth, Evolution\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/05b48368428f74203116fc96872e12d2\",\"name\":\"Patricia Kirk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Patricia-Kirk-headshot.jpg?w=87\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Patricia-Kirk-headshot.jpg?w=87\",\"caption\":\"Patricia Kirk\"},\"description\":\"Patricia Kirk has been covering the commercial real estate industry for more than 20 years, as West Coast bureau chief for a CRE online news startup, editor of a regional magazine and as a freelance reporter for other national and international online news services. She formerly served as a reporter for a major daily newspaper, community newspaper editor, and writer and editor for various other online publications covering environment\/sustainability, medical\/biomedical research, international business and transportation, tech, and healthcare business and policy topics.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/patriciakirk\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Wealth Surge Drives Family Office Growth, Evolution - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/","og_locale":"en_US","og_type":"article","og_title":"Wealth Surge Drives Family Office Growth, Evolution","og_description":"They\u2019re becoming more sophisticated\u2014and maintaining their flexibility.","og_url":"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2025-05-07T18:12:28+00:00","article_modified_time":"2025-05-20T14:05:52+00:00","og_image":[{"width":800,"height":619,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/HomeOffice_AdobeStock_909035554.jpg","type":"image\/jpeg"}],"author":"Patricia Kirk","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/","url":"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/","name":"Wealth Surge Drives Family Office Growth, Evolution - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/HomeOffice_AdobeStock_909035554.jpg","datePublished":"2025-05-07T18:12:28+00:00","dateModified":"2025-05-20T14:05:52+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/05b48368428f74203116fc96872e12d2"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/HomeOffice_AdobeStock_909035554.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/HomeOffice_AdobeStock_909035554.jpg","width":800,"height":619,"caption":"Image AI generated by Mirifadapt\/Adobe Stock"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/wealth-surge-drives-family-office-growth-evolution\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Wealth Surge Drives Family Office Growth, Evolution"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/05b48368428f74203116fc96872e12d2","name":"Patricia Kirk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Patricia-Kirk-headshot.jpg?w=87","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/10\/Patricia-Kirk-headshot.jpg?w=87","caption":"Patricia Kirk"},"description":"Patricia Kirk has been covering the commercial real estate industry for more than 20 years, as West Coast bureau chief for a CRE online news startup, editor of a regional magazine and as a freelance reporter for other national and international online news services. She formerly served as a reporter for a major daily newspaper, community newspaper editor, and writer and editor for various other online publications covering environment\/sustainability, medical\/biomedical research, international business and transportation, tech, and healthcare business and policy topics.","url":"https:\/\/www.commercialsearch.com\/news\/author\/patriciakirk\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/HomeOffice_AdobeStock_909035554.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004756600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3366"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004756600"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004756600\/revisions"}],"predecessor-version":[{"id":1004758578,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004756600\/revisions\/1004758578"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004757013"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004756600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004756600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004756600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}