Commercial Real Estate & Business News – December 27, 2017
Apartment Sector Boom Set to Continue in 2018 As 2017 comes to a close, multifamily investors and developers are getting ready for another year of steady demand. “Overall, we expect that same stability to hold in 2018, with occupancy and rent growth anticipated to basically mirror 2017’s statistics,” says Greg Willet, chief economist for RealPage […]
Commercial Real Estate & Business News – December 26, 2017
Fewer Originators As CMBS Credit Metrics Rise The past year has seen CMBS credit metrics improve marginally over deals that came to market in over the two previous years, Fitch Ratings said Thursday. However, the ratings agency also sees continued “bar-belling” between stronger and weaker loans in a securitization. “Bar-belling is an issue because the stronger […]
Commercial Real Estate & Business News – December 22, 2017
Arizona’s Population has Topped 7 million for the First Time Arizona added more than 107,600 net new residents over the past year, topping the 7 million population mark for the first time, according to the latest government estimate. Arizona also tied for the fifth-fastest growing state, gaining population at a rate of 1.6 percent. The […]
Commercial Real Estate & Business News – December 21, 2017
Tax Bill’s ‘Biggest Beneficiaries’: CRE Owners NEW YORK CITY-“To call the changes ‘sweeping’ is an understatement, and yet it is still too early to say what the impact will be,” write Victor Calanog and Barbara Byrne Denham at Reis. Nonetheless, with passage of the Tax Cut and Jobs Act by both houses of Congress now […]
Commercial Real Estate & Business News – December 20, 2017
‘Retail Apocalypse’ Trade Prompts Contrarian Bets One of the dominant stock market narratives of 2017 has been the idea that an unstoppable Amazon will destroy traditional retailers and shopping mall owners. So fully has the spectre of retail apocalypse captured the popular investment imagination that one company began marketing a gimmicky exchange traded fund devoted […]
Commercial Real Estate & Business News – December 19, 2017
How to Survive Retail’s Next Phase While many of this year’s headlines warned of retail’s demise, the overall sentiment about the sector’s future was much more optimistic at the 2017 International Council of Shopping Center’s (ICSC) annual New York Deal Making event last week. But industry experts and panelists across the board did recognize retail […]