The report reveals that the impact of crime extends beyond retailers, as it poses significant challenges for all types of properties. A neighborhood characterized by high crime rates can lead to concerns for safety, which could dissuade businesses and their employees from choosing to occupy office spaces in such areas.
“In a world where data-driven decisions are paramount, our study underscores the importance of cautious interpretation when assessing the impact of declining crime on business growth. As remote work reshapes urban dynamics, declining foot traffic can offset crime reductions,” said Stephen Buschbom, Research Director at Trepp, and report co-author. “This research empowers market participants to navigate complex factors that shape property performance in ever-evolving urban environments.”
Unlock a fresh perspective on the intersection of crime and commerce, Trepp’s research offers a comprehensive analysis of San Francisco’s crime landscape and its effect on business locations. By pioneering a ‘crime shadow’ approach and integrating TreppLoan data, our findings equip industry leaders with invaluable insights, enabling them to navigate property risks with precision. This methodology holds promise for cities beyond San Francisco, ushering in a new era of informed decision-making in commercial real estate.
Access our report to see the latest findings from the Trepp team: https://www.trepp.com/access-trepp-san-francisco-crime-report-august-2023
About Trepp
Trepp, founded in 1979, is the leading provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking markets. Trepp provides primary and secondary market participants with the solutions and analytics they need to increase operational efficiencies, information transparency, and investment performance. From its offices in New York and London, Trepp serves its clients with products and services to support trading, research, risk management, surveillance, and portfolio management. Trepp subsidiary, Commercial Real Estate Direct, is a daily news source covering the commercial real estate capital markets. Trepp is wholly owned by Daily Mail and General Trust (DMGT).
Media Contact
Riley Cox, Trepp Inc., 2127541010, [email protected], https://www.trepp.com/
SOURCE Trepp Inc.
