Blogs

With the Biden Administration’s recently signed Infrastructure Investment and Jobs Act (IIJA) coming into law, $1.2 trillion will find its way into many new projects over the next several years. While infrastructure investments won't happen overnight, congressional task forces are hearing bids to allocate funding to the most in-need communities. Here's what CRE developers need to know now to get a head start. On November 15, 2021, the Biden Administration signed the Infrastructure Investment and Jobs Act (IIJA) into law. This bipartisan legislation will allocate $1.2 trillion to invest in...

With more than an estimated 200,000 jobs to fill (and more to come), nursing home and ALC staff have every opportunity at their disposal to find a new position. Almost every operator you speak with will tell you recruitment and retention is one of their biggest challenges in today’s labor market, if not the biggest. That's why Skilled Nursing and Senior Housing operators must implement strategies to ensure the right staff is in place to deliver quality patient care. Covid-19 highlighted the importance of nurses more than ever before. As cases, hospitalizations, and deaths spiked in every city...

With ongoing supply chain constrictions, international conflicts, and the resulting inflationary prices and potentially rising interest rates, it is an understatement to call the economic environment uncertain. As a result, it’s prudent to consider expanded investment options and seek wealth-management advice. The Federal Reserve is expected to increase rates in March to combat inflation, yet the Russian invasion of Ukraine may change its calculations in the event of a potential worldwide energy shock. Given these uncertainties, however, it’s still safe to say that the Fed is shifting policy...

The farm labor shortage, soaring fertilizer prices, and increasing inflation can easily put a damper on what otherwise should be a favorable time for agriculture. While the effects of these price fluctuations can be mitigated, doing so requires careful planning and preparation. The farming industry—like every industry—has had to grapple with significant (and in some cases systemic) changes over the past few years in the way it conducts business. Demand for row crops, fresh produce, and nuts and berries has stayed robust. But the lingering after-effects of Covid-19 persist, causing supply chain...

Commercial construction costs hinge on two primary categories: materials and skilled labor. Therefore, when both are in short supply and more expensive, already small profit margins contract even further. To counteract rising costs, many CRE firms simply raise their prices—which could further negatively affect the industry. First, there was Covid-19. Then came widespread labor shortages. Supply chain collapses saw rising commercial construction costs dig into profit margins worldwide. And now—to top it all off—there’s inflation. Rising steel prices, peaking at nearly $2,000/ton have affected...