As coronavirus-related travel restrictions lift, pest management companies are warning vacation property owners and renters to watch out for bedbugs.
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As coronavirus-related travel restrictions lift, you may be tempted to check in to a hotel or vacation rental for a much-needed weekend getaway. But there’s one pesky parasite experts say you still have to keep an eye out for: bedbugs.
Though rental properties have been vacant for several months, the bloodsucking pests haven’t necessarily died off. In fact, bedbugs can go for months between feedings, according to the National Pest Management Association.
“Bedbugs can be found virtually anywhere, and while many Americans are excited to resume travel plans, it’s imperative that they remember to stay vigilant
With most buildings empty or near empty from coast to coast, office investors put a brave face on the future of the sector—“it’s still alive,” “not going anywhere,” “as soon as there is a vaccine we will be back to normal.”
But underneath, they are nervous. “It better come back because, we have a lot of money in them.” And some tenants are asking for rent concessions and forbearance. This retrenchment is nothing like the ongoing retail debacle, but it’s concerning and will eat into NOI. Long-term leases offer protection, but any pending rollovers are fraught.
In short, the virus is having short-term impacts, which could bleed into long-term ones.
The short-term impacts include rent relief as tenants struggle in a recessionary economy and re-imagining office layouts to provide for social distancing. Most observers are giving up on a V-shape economic recovery, especially as case numbers rebound and the death
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The ways we use our home evolve as our families do. One day you’re setting up a Pinterest-worthy nursery, and, after what seems like just a few years, you’ve got a teenager who just wants to spend time in his room texting with friends and blasting music late at night.
If you’re lucky enough to have a basement space, you may have the solution to your problems. The basement can offer teens the privacy they crave and space to hang out with their friends, while keeping the rest of the home more tranquil—especially desirable if you also have a baby or young children.
Here are some key considerations if you want to transform your basement into a teen-friendly space that will make
As tenants go back to work in commercial buildings, communication will be the key to a successful response to COVID-19 outbreaks.
“During the current period of crisis, our immediate goals from an ESG perspective are to communicate with stakeholders and address the acute incidents that can occur in the building,” DWS Group wrote in a whitepaper on ESG investing in real estate in a post-COVID world. “This involves the formation of rapid response crisis teams on-call to address incidents occurring at any time of day and communicating with residents pro-actively and regularly.”
When there is an actual COVID-19 case in a building, Jessica Elengical, head of ESG strategy, Alternatives at DWS, says the rapid response team should be ready to mobilize, regardless of the time of day. This team should encompass representatives from property management, asset management, risk management and communications professionals.
“When a case comes up, how do you
Manhattan’s 12.5 million square feet of ongoing office construction spans 16 projects slated for completion over the next three years. Roughly 53% of that space is pre-leased. New construction and renovation projects in Manhattan are capturing most new leasing activity, dovetailing with a flight to quality among large tenants predating the pandemic.
Office tenants already have leased 68% of the 10.2 million square feet under construction in San Jose. In addition, 23 million square feet of projects are approved but not yet under construction in the market, and another 32 million square feet of projects are in the planning stages, some of which might be delayed. Much demand stems from a shift in this market to occupiers favoring more traditional, modern office space for software development rather than the R&D and flex space previously used for hardware design.
Most of the 8.4 million square feet under construction in Washington, DC