Top of the news:

When it comes to commercial real estate, the life sciences sector is taking off.

POLITICS:

Congress’ efforts to save the EB-5 program have come to a halt as lawmakers stalled on whether to reinstate the part of the program dealing with regional centers, The Real Deal writes.

The CDC extended the eviction moratorium through the end of July, Forbes reports. In a statement, the CDC said that the extension, which was stated to end June 30th, would be the final extension.

ENVIRONMENT:

A report from real estate consulting firm Knight Frank states that one major concern of companies with net zero objectives is not hitting their goals, which can be exemplified if they

don’t shift to sustainable offices, Construction Week Online writes. Head of Middle East research at Knight Frank Faisal Durrani emphasized that the statistics from the report showed that a building’s level of sustainability could give it a competitive edge in the commercial real estate market.

The analysis of a collection of sample real estate portfolios claims that while a portfolio that achieves net zero is possible, it helps to keep in mind that sometimes the most risky asset isn’t the one with the most energy consumption or carbon production, MSCI reports.

Professional Development:

What you can’t do: fix your employees’ existential crisis. What you can do: help alleviate it. Harvard Business Review has some tips on how to do so.

ECONOMIC:

The Newmark Opportunity Index stated the Sunbelt office real estate market had the strongest performance during the COVID-19 pandemic, Seeking Alpha writes.

A report from Moody’s Analytics asserts that most malls won’t survive the onset of online shopping, but many will by adjusting to cater to those in search of experiences and by offering luxury products, Globe St. reports.

TECHNOLOGY:

European proptech companies in search of investors may have found a dearth of potential prospects in Asian markets, Sifted reports.

LEGAL:

The Supreme Court reversed the decision of a challenge to San Francisco’s ‘lifetime tenant’ rule, Courthouse News reports.