Government Shutdown Costing Hotels $175 Per Room Weekly
The ongoing U.S. government shutdown is significantly impacting the hotel industry, with an estimated loss of $175 per room per week in revenue. This downturn is particularly pronounced in markets heavily reliant on international travel, such as Las Vegas, New York City, Miami, and California.
Why Economic Development Offices Need Better Market Intelligence
A national survey found that 64% of economic development offices (EDOs) struggle to access reliable data even as economic growth remains every mayor’s top priority. Most still lack the analytical infrastructure to align decisions with fiscal and market realities.
The Four Levels of Real Estate Underwriting
Real estate underwriting isn’t about perfection, it’s about clarity. In this framework, I break down the underwriting process into four layers: the asset, the sources, the partnership or fund, and after-tax cash flows. Together, these levels reveal how money truly moves through a deal.
