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DBRS Morningstar reports a growing number of delinquent loans tied to office properties in the United States. The credit rating service projects the payoff rate on maturing commercial mortgage-backed securities (CMBS) will hover in the 50-to-55 per cent range for the remainder of 2023 with a large portion of subsequent refinancing, special servicing agreements or…

Facilities today face stricter cleaning and maintenance standards, as the general public continues to become more informed about climate health, sustainability, and the environment. This means that conscious practices are a priority for specifiers and end users. The selection of materials, particularly textiles, can play a crucial role in reducing the demands on facility maintenance…

Severe thunderstorms, earthquakes, extensive flooding and heatwaves have hit the global insurance industry for $50 billion in the worst start to a year for the industry since 2011, according to a major new study that further highlights the intensifying impact of the climate crisis. Findings published by reinsurance group Swiss Re revealed that a series…

  With hybrid workspaces being the norm, how do facilities get employees excited to return to the office, even part time? By giving them a space worth coming to. That was the philosophy behind SGA’s 22,000-square-foot hybrid workspace for Cambridge Consultants, part of CapgeminiInvent, a product development and technology consultancy firm. Located on the 12th…

Legionella is a nasty bacterium that can work its way into water heaters through the water that is used. Getting rid of and preventing it is important for healthcare facilities, as patients and staff must be protected from being infected. In this manufacturer roundtable, Healthcare Facilities Today speaks with water heater manufacturers about what to…

The life sciences industry, which includes pharmaceutical and medtech companies, contract manufacturers, healthcare distributors, and others, has an innate purpose in society, providing life-saving therapies, medicines, diagnostics, and devices. And while safety and quality are critical priorities, an ever-increasing number of companies aim to deliver treatments in a manner that also considers the sector’s broader…