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 […]
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 […]