Top of the news:

San Francisco had an overall vacancy rate of 16.8% throughout February.

Political:

The White House’s annual proposed budget for the fiscal year 2023 includes modifications to 1031 exchanges, among other things that would benefit commercial property investors.

New York’s legislators may determine a deal within New York State’s fiscal budget planning that would allow New York City three casino licenses.

Economic:

Who’s fueling the demand for data centers? The financial sector.

A hospital on the verge of bankruptcy has put a hospital focused REIT in the limelight.

Social:

A New York City ad campaign is aimed at LGBT+ Floridians after the passing of the state’s “Don’t Say Gay” bill.

Technology:

Workplace and tenant experience platform HqO is partnering with real estate firm Related Companies to help build upon Related’s tenant experience tech.

Legal:

As part of a settlement, the City of Los Angeles is agreeing to make shelters for 60% of its homeless population.

Valentino has settled a lawsuit with the owner of 693 Fifth Avenue over the Italian fashion house’s alleged “ditching” of their storefront space.

Environmental:

ULI makes a case for using green spaces and biophilic design on buildings.

Propmodo finds that Class A multifamily properties with LEED Certifications earned 3.1% higher rents than ones without.

Professional Development:

Are you designing your workplace with neurodiverse employees in mind?