Real Estate & Construction News Round-Up 03/02/22

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Economic sanctions placed on Russia cause a shift in the U.S. real estate market, investments in virtual real estate continue to grow as market equilibrium returns, climate change concerns have made a notable impact on regional real estate interest, and more.

  • Following the economic sanctions placed on Russia for its invasion of Ukraine, both the federal government and local politicians have called for seizing assets in the U.S. real estate market connected to Russian oligarchs. (The Real Deal)
  • Climate change developments are making an impact on the real estate market, touching every aspect of the industry, from rising prices to the decline of popularity of specific regions. (Ari ChazanasForbes)
  • Despite portfolios falling for traditional stock investors and crypto enthusiasts, interest in metaverse real estate platforms continues to build. (Kristi Waterworth, The Motley Fool).
  • With several large companies transitioning employees back into the office and enacting a hybrid model of working, the manner in which they return could have long-term consequences for the office market overall. (Olivia Lueckemeyer, Bisnow)

 

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