More than two out of three banks are offering workers either full flexibility or some sort of hybrid-work arrangement, according to a survey of more than 300 financial services institutions by Scoop, which helps companies coordinate hybrid teams. Half of the 76 banks surveyed were hybrid, meaning they set minimum or specific times for on-site attendance.
Real Insights forecasts some challenges for commercial real estate investors in 2023. Realty Income agreed to buy a portfolio of more than 400 convenience stores across the U.S. in a sale-leaseback transaction, reports Commercial Property Executive. These are among today’s must reads from around the commercial real estate industry.