BOMA Fort Lauderdale / Palm Beaches produces the BOMA Buzz weekly as a resource for industry news and updates about commercial real estate and property management related issues relevant to South Florida. Send your news and/or comments to jackie@awvemarketing.com
This week's buzz:
  • The South Florida Office Market is Holding Steady - For Now. That May Not Last
  • Lenders Provide “Mixed Bag” of Relief to CRE Borrowers
  • How to Modernize Parking Infrastructure with the Electric Vehicle Customer in Mind
  • The Good News Is the Recession Will Be Short. The Bad News is the Recovery Will Be Long and Tough
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The South Florida Office Market is Holding Steady - For Now. That May Not Last
The South Florida office market is holding steady, despite fears that it might crater amid the work-from-home trend. Vacancy rates remained relatively unchanged in the second quarter 2020, according to Newmark Knight Frank’s second quarter South Florida office market report.
Lenders Provide “Mixed Bag” of Relief to CRE Borrowers
Lenders on commercial real estate have been inundated with forbearance requests. What they are willing to grant varies greatly by property type and borrower quality.
How to Modernize Parking Infrastructure with the Electric Vehicle Customer in Mind
As electric vehicle (EV) adoption continues to grow, parking infrastructure will need to keep up with the new demands presented by a larger share of EVs on the road. Vehicle connectivity, smart infrastructure and IoT (Internet of Things) applications are just a few ways the parking landscape is evolving and playing a role in electric vehicles and the future of parking. 
The Good News Is the Recession Will Be Short. The Bad News is the Recovery Will Be Long and Tough
If you’re looking for reassurances that the economy will bounce back in the near future, you won’t find it in the latest report by real estate firm JLL. The prevailing theme in JLL’s economic report is uncertainty—uncertainty about the trajectory of COVID-19 as well as government policy reacting to the virus.
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