Commercial Real Estate & Business News September 3, 2018
Worldwide Appetite for Data Centers Keeps Growing CHICAGO-Although political or economic troubles agitate many regions of the world, an unquenchable demand from cloud providers helped the global data center industry expand by a remarkable amount in the first half of 2018, according to JLL’s latest Data Center Outlook. The Chicago-based company’s analysis reveals that the […]
Commercial Real Estate & Business News August 31, 2018
Bank Commercial Property Loan Distress Recedes as Lending Climbs Despite talk of peaking property prices and declining yields as the economic recovery enters its 11th year, it is hard to find signs of commercial real estate weakness in the quarterly banking data released over the past week. The total amount of commercial real estate loans […]
Commercial Real Estate & Business News August 30, 2018
Jerry Colangelo Becomes a Game-Changer in CRE Jerry Colangelo prides himself on being a storyteller. “I have lots of stories,” says Colangelo, a partner in JDM Partners, a Phoenix-based real estate development company. “I should have lots of stories. I was around when nothing existed.” Most of Colangelo’s stories stem from his time as one […]
Commercial Real Estate & Business News August 29, 2018
Despite Rising Interest Rates, Multifamily Investors Still Confident in the Strength of Market Multifamily investors are bullish on the strength of the market, according to the recent findings of the Mid-Year Berkadia Powerhouse Poll, conducted by the lending firm in July. Even with many disruptive market factors, like rising interest rates and an uncertain political […]
Commercial Real Estate & Business News August 28, 2018
Walmart in New Online Move to Attract Millennials, More Upscale Shoppers Walmart is expanding its digital marketplace to attract more higher-end and younger shoppers to its e-commerce site – and give it more firepower against Amazon. On Monday, the discount giant launched a curated online store on its website for outdoor brand Moosejaw, which Walmart […]
Commercial Real Estate & Business News August 27, 2018
Arizona Economic Growth Likely to Accelerate, New Report Says Economic conditions have improved “dramatically” in recent months for Arizona and the nation, and state-growth projections have been revised upward, according to a new report produced by the Governor’s Office. But the prospect of rising interest rates and inflation could dampen the outlook a year or […]