Patricia Kirk

San Diego

Freelance Writer at Freelance

Journalist/Documentary Filmmaker-Green Building, Sustainability, Clean/Green Tech, Commercial Real Estate, Architecture and Medical Research and Healthcare

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Articles

Strong performance puts hotels back on investors’ hot list

1 day ago | hotelmanagement.net | Patricia Kirk

The pandemic influenced shifts in where and how Americans live and work and initiated a greater focus on health/wellness and social experiences. These values are now at the heart of trends in the hospitality industry and are driving capital investment in hotels, with travel domestically and worldwide setting records over the last couple of years, with U.S. domestic travel spending exceeding $1 trillion for the past two year, according to the U.S. Travel Association.
Strong performance puts hotels back on investors’ hot list, but tariffs cause concern

3 days ago | hospitalityinvestor.com | Patricia Kirk

The pandemic influenced shifts in where and how Americans live and work and initiated a greater focus on health/wellness and social experiences. These values are now at the heart of trends in the hospitality industry and are driving capital investment in hotels, with travel domestically and worldwide setting records over the last couple of years, with U.S. domestic travel spending exceeding $1 trillion for the past two year, according to the U.S. Travel Association.
Foreign Investment Down, but Not Out

3 weeks ago | commercialsearch.com | Patricia Kirk

By Patricia Kirk April 2, 2025 FeaturedInternationalInvestment U.S. real estate is still a compelling opportunity for foreign investors, though they're re-evaluating risks in light of new tensions. Experts thought cross-border investment would bounce back in 2025. But expectations are being adjusted. Image by VIK Historically, foreign investors have considered the U.S. a safe haven for commercial real estate investment, but foreign investment in U.S. real estate took a dive in 2024, dropping...
How Tariffs and Labor Shortages Will Thwart Housing Production - Multi-Housing News

4 weeks ago | multihousingnews.com | Jessica Fiur |Vicentiu Fusea |Claudiu Tiganescu |Adina Rogoz |Anca Gagiuc |Laura Calugar | +4 more

New federal policies have already impacted deal flow. What's next?
From Data Center YIMBY to NIMBY?

1 month ago | commercialsearch.com | Patricia Kirk

By Patricia Kirk March 5, 2025 Data CentersFeaturedInvestmentNationalSustainability A growing number of states and towns are tightening incentives and regulating growth. Aerial view of data centers in Ashburn, Va. Photo by Gerville/iStock Over the last decade, state and local governments have welcomed data centers with open arms by creating massive subsidies and tax incentives for them. According to NAIOP, 36 states currently offer incentives for data centers as a way of boosting their...
After the smoke clears: What the California wildfires mean for real estate

2 months ago | hotelmanagement.net | Patricia Kirk

As Los Angeles County fires swept through local communities, hotels and restaurants cast a lifeline to rescue workers and residents displaced by towering infernos that have already resulted in 28 deaths and leveled large swaths of the Pacific Palisades, Altadena, Malibu, Brentwood and Topanga.
What Deregulation Could Mean for CRE Bank Lending?

2 months ago | commercialsearch.com | Patricia Kirk

By Patricia Kirk February 5, 2025 FeaturedFinanceInvestment Changes to the Basel III Endgame and other rules might loosen purse strings. Image by lbusca/iStockphoto.com Last week, President Trump issued an executive order to Federal agencies to cut 10 regulations for every new one they institute. This regulation-light approach could have some positive implications for commercial real estate bank lending, which has fallen off considerably in recent years. For example, big banks, those with...
After the smoke clears: What the California wildfires mean for real estate

Jan 22, 2025 | hospitalityinvestor.com | Patricia Kirk

As Los Angeles County fires swept through local communities, hotels and restaurants cast a lifeline to rescue workers and residents displaced by towering infernos that have already resulted in and leveled large swaths of the Pacific Palisades, Altadena, Malibu, Brentwood and Topanga.
Why Big Data Centers Are Going Nuclear

Dec 18, 2024 | commercialsearch.com | Patricia Kirk

In 2023, data centers across the globe consumed 7.4 gigawatts of power, a 55 percent increase over 2022 usage, Cushman & Wakefield. And by 2026, AI electricity consumption could be 10 times higher, exceeding 1,000 terawatts globally—equivalent to Japan, predicted the International Energy Agency.
Insurance Burdens Stymy Investment

Dec 11, 2024 | multihousingnews.com | Patricia Kirk

Veronika Torarp, Principal in PwC’s Climate Risk and Insurance PracticeIt’s not the high cost of property insurance that’s likely to chase many homeowners and real estate investors out of California, Florida and other high-risk coastal markets like Texas and Louisiana, but rather the unavailability of property insurance at all, since many insurers licensed to do business in these states are cutting their losses by pulling out.