Commercial Real Estate & Business News – November 14, 2017
Elliott D. Pollack & Company Economic Data The overall economic picture remains quite positive. Recent data has generally beat expectations. Financial conditions remain very positive given record highs in the stock market. The value of the dollar continues to decline which makes our exports look better. Labor markets continue to tighten as unemployment reached a […]
Commercial Real Estate & Business News – November 13, 2017
Economy Watch: Nonresidential Planning Ticks Up in October The Dodge Momentum Index rose in October, climbing 13.2 percent to 130.9 (2000 =100) from the revised September reading of 115.6, according to Dodge Data & Analytics. The move higher in October nearly reversed the erosion of the past four months (including September’s sizable decline), with […]
Commercial Real Estate & Business News – November 10, 2017
THANK YOU TO ALL THE MEN AND WOMEN THAT ARE SERVING AND HAVE SERVED THIS GREAT COUNTRY! Closing of Weakest Stores by Retailers Ultimately Expected to Benefit US Shopping Center Performance The U.S. national retail vacancy rate ticked up 10 basis points for the second consecutive quarter to reach 5.2% in the third quarter of […]
Commercial Real Estate & Business News – November 9, 2017
Investment Sales Will End Year with a Drop in Volume Compared to 2016 Investment sales got off to a slow start in 2017, setting the tone for what will likely be a slump in overall transaction volume by year-end, according to industry experts. However, the slowdown in sales does not portend major trouble, as 2017 […]
Commercial Real Estate & Business News – November 8, 2017
GOP Tax Plan Carries Benefits for the CRE Industry, with the Exception of Affordable Housing The new tax reform proposal unveiled by the House of Representatives appears to bode well for the commercial real estate sector. The legislation, which still must work its way through Congress and could change, maintains many of the existing provisions […]
Commercial Real Estate & Business News – November 7, 2017
Buyer/Seller ‘Standoff’ Will Persist Into ’18 The gap in pricing expectations will continue to make an impact on commercial property transactions in the coming year, the National Association of Realtors’ Lawrence Yun said Friday. However, Yun told attendees at the 2017 Realtors Conference & Expo here that secondary markets will experience sustained demand and stable real […]