The Birch Group has secured a series of new leases and renewals at a Parsippany office campus, completing more than 50,000 square feet of activity amid plans to update the property.
How to survive the commercial real estate industry in 2024
All of the industry conferences and panels I’ve attended over the last several months have one thing in common — in each, someone has uttered the phrase “Survive to ’25” or the Bee Gees variant “Stayin’ alive till ’25,” either seriously or perfunctorily, as nearly everyone in the commercial real estate market knows that 2024 is going to be a rocky year. Why? Each of the players in the venerable trifecta of tenant, landlord and lender is having problems of their own.
Green revolving funds: Financing your next sustainability project
In an era characterized by increasing environmental concerns and the urgent need for sustainable practices, organizations across the globe are seeking innovative ways to reduce their ecological footprint. Green Revolving Funds (GRFs) have emerged as a powerful financial tool that not only helps businesses and institutions reduce greenhouse emissions but also promotes long-term sustainability and financial savings.