Commercial Real Estate & Business News May 24, 2018
What The Shopping Center Of The Future Might Include LAS VEGAS-GlobeSt.com met up with a few executives Monday at ICSC RECon to chat about all things retail. According to Amy Fingerhut, first VP at CBRE, she is seeing an increased interest in retail in urban core submarkets. For example, in downtown Atlanta, she tells GlobeSt.com that the […]
Commercial Real Estate & Business News May 18, 2018
Optimism Amid Housing Shortage and Rising Prices A stronger economy, wage growth and an improving job market are expected to march home sales and prices higher in 2018, but low supply and weakening affordability will tamper the rate of increases, according to speakers at a residential real estate forum during the 2018 REALTORS Legislative Meetings […]
Commercial Real Estate & Business News May 17, 2018
Will Rising Rents Make Millennials Purchase Homes? Millennials are the largest class of homebuyers in the market and will have paid more for rent than any previous generation by time they are 30, according to a RENTcafé report. Rent prices are increasing and millennials know they’re investing in their property with every upgrade they make, […]
Commercial Real Estate & Business News May 16, 2018
The Retail Sky Is Not Falling Despite lots of opinions to the contrary, the retail sky is not falling and the world is not coming to an end. The retail landscape is indeed evolving, morphing and transforming into something new, however, these are challenging times for many retailers as they try to navigate uncharted territory. […]
Commercial Real Estate & Business News May 15, 2018
SFR Investors Are Filling the Pipeline with New Development After building a business by scooping up hundreds of thousands of homes nationally to assemble vast portfolios of single-family housing, some investors are now taking the next step and building new homes to meet rental demand. “The build-to-rent market has started to expand significantly over the […]
Commercial Real Estate & Business News May 14, 2018
BOMA Greater Phoenix Scores Victories at 2018 Legislature The 2018 state legislative session that adjourned on May 4 was productive for Arizona’s commercial real estate industry as BOMA Greater Phoenix had a 5-0 record on bills on which it took a position. The biggest joint victory for BOMA was a grand compromise on GPLET reform. […]