Commercial Real Estate & Business News – November 6, 2017
CRE Economists Say New Fed Chair Nominee Not Likely to Rattle the Market President Donald Trump last Thursday nominated Federal Reserve governor Jerome Powell as the central bank’s new chairman. Real estate economists do not expect Powell to force dramatic changes in monetary policy. Powell had seemed the most likely nominee of the candidates Trump […]
Commercial Real Estate & Business News – November 3, 2017
CRE Fares Well In House Of Representatives’ Tax Plan Thursday morning the US House of Representatives unveiled its long-anticipated $1.51-trillion tax reform measure, a sweeping piece of legislation called the “Tax Cuts and Jobs Act.” To cut to the chase for our readers: the bill has largely good news for the commercial real estate industry. The […]
Commercial Real Estate & Business News – November 2, 2017
CMBS Late-Pays Dip For All Major Sectors Monthly declines in the delinquency rate for CMBS have now made it four in a row, with Trepp LLC reporting a 19-basis point drop from September’s reading of 5.4%. Improvements were registered for all five major property types, according to Trepp data, and year-to-date delinquency levels are lower […]
Thoughts on recent CRE & Economy Presentation by Dr Ted Jones
Earlier this week, I was invited to attend a presentation by Dr Ted Jones. As always, Dr Jones never disappoints with his entertaining and candid conversation on the economy and how it impacts real estate. I have always appreciated his insight and high level take on the economy and how those changes really funnel into […]
Commercial Real Estate & Business News – November 1, 2017
Case-Shiller Hits Another New Peak NEW YORK CITY-“Home price increases appear to be unstoppable,” says S&P Dow Jones Indices’ David M. Blitzer in reference to the latest S&P CoreLogic Case-Shiller Indices, released Tuesday. One of the three indices, the US National Home Price NSA Index, covering all nine US census divisions, reached a new high with […]
Commercial Real Estate & Business News – October 31, 2017
HAPPY HALLOWEEN! How Will Fed’s Plan to Shift from Negative Rate Environment Impact Real Estate Valuations? At numerous times over the past several years, rising Treasury yields have prompted commercial real estate investors to speculate how the end of historically low interest rates would influence property values. Invariably the yields reversed course — even after […]