Commercial Real Estate & Business News – May 24, 2017
Seven Takeaways from the ICSC RECon Show 2017, Day One The retail real estate industry is undergoing a permanent change, driven by a shift in consumer preferences and the excessive amount of retail space per person in the U.S., according to the attendees of ICSC’s RECon 2017 show in Las Vegas. …» Fitch: Multifamily Is […]
Commercial Real Estate & Business News – May 19, 2017
Resilient Big-Box Tenants Positioned to Backfill US Power Center Vacancies Don’t look now but ‘big box’ retail centers are defying expectations and managing to find replacements to fill their cavernous shopping spaces. Following consecutive rounds of bankruptcies and liquidations by such previous big box stalwarts as Borders, Circuit City and Linens N Things…» $30M, 280-acre […]
Commercial Real Estate & Business News – May 18, 2017
Slow and Steady Growth Wins the Race for Home Building-and the Economy The home-building recovery has been slow and steady-and nearly nine years after the housing crisis, housing construction isn’t yet fully healed. That’s probably a good thing. It means housing construction will continue to buoy economic growth for some time…» Blackjack, Poker, Las Vegas […]
Commercial Real Estate & Business News – May 17, 2017
CMBS Finds a Narrow Niche for Multifamily Loans Apartment borrowers still depend on CMBS financing for the deals that just can’t get done any other way. Other lenders have been chipping into the markets where CMBS lenders once provided financing, including agency lenders, banks and even private equity funds. The interest rates offered by CMBS […]
Commercial Real Estate & Business News – May 16, 2017
Phoenix Could be in the Mix for Giant Warehouses From this Retailer Amazon.com Inc. isn’t big enough? Amazon – with a $464 billion market cap, which is double the size of Wal-Mart Stores Inc. (NYSE: WMT) and bigger than Procter & Gamble (NYSE: PG and Visa Inc. (NYSE: V) combined – is building at least […]
Commercial Real Estate & Business News – May 15, 2017
Arizona Ranked No. 9 in Chief Executive’s Best States for Business Advancing three places from a year ago, Arizona was ranked as the No. 9 state for business in Chief Executive magazine’s 13th annual Best & Worst States for Business survey, which was released today. The Chief Executive rankings reflect CEO perceptions of best and […]