Amy Wolff Sorter

1 week ago | aol.com | Amy Wolff Sorter

Key takeawaysDebt settlement requires you to pay a lump sum to creditors for less than you owe and have the remaining balance forgiven. To choose the right debt settlement company, compare the cost, eligibility requirements and reputation of each company. There may be other options for relief, including debt management or consolidation. You might have seen ads promising that you can settle your debt for much less than you owe.

1 week ago | connectcre.com | Amy Wolff Sorter

National + Weekender | It’s a well-known fact that a demand driver for data center development and investments has been the rapid rise of generative AI. How hot has the demand been? According to a recent CommercialEdge report, tech firms’ AI investments have led to “more than 51 million square feet of new data centers breaking ground since the start of 2023.” However, there are indications that demand could be cooling off. CommercialEdge analysts point out that AWS and Microsoft have put data...

1 week ago | connectcre.com | Amy Wolff Sorter

According to McKinsey, the built environment is one of the largest global industries, valued at $14 trillion and accounting for 12% of global employment. Furthermore, urbanization is pushing global construction; the sector’s estimated value by 2040 will be $22 trillion. Here’s another fact: The international built environment generates a higher rate of global emissions than any other sector, responsible for almost 40% of energy-related CO2 emissions and one-third of the world’s waste.

1 week ago | connectcre.com | Amy Wolff Sorter

Here are some facts about the self-storage industry, according to a recent RentCafe write-up:#1—The sector consists of 2 billion square feet of rentable space#2—The 100 largest companies own more than half of the inventory#3—Large companies and small operators own 64.5% of the inventory, while the remainder is handled by four self-storage REITs and the U-Haul Holding company.

1 week ago | connectcre.com | Amy Wolff Sorter

Memorial Day is in the rear-view mirror. Meanwhile, just ahead is June 1, the official start date of “meteorological summer.” Then there is the June 20 summer solstice. What do the above have in common? Warmer weather. And what does warmer weather mean to multifamily property managers and owner-operators? Experts tell Connect CRE that warmer weather means a higher level of amenity use.