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14/Nov/2022

The swirl of opinions about the pandemic’s impact on the state of commercial real estate and how that intersects with the outlook on nonprofit centers continues. Some reports are that workers are already back in their offices at near pre-pandemic levels and have been for the better part of a year, at least in small and mid-sized cities. Another report out of San Francisco recently warned that the city’s status as a commercial real estate investor’s dream hasn’t yet found its post-COVID footing as office buildings are pulled off the market after fetching lower than expected bids. From NCN’s perspective, some NCN members report lingering vacancies, but our consulting pipeline is currently full of groups creating new nonprofit centers in their communities.


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