Commercial Real Estate & Business News – November 28, 2016
How Looming Tax Reforms Might Impact CRE Industry Tax reform has become a central focus on the “what’s ahead” discussions swirling around President-elect Trump’s agenda. That topic has moved to the forefront for good reason. The commercial real estate industry, and the country, could be on the verge of the first substantive tax reform since […]
Commercial Real Estate & Business News – November 25, 2016
Survey Finds Mixed Signals About Holiday Spending Not everyone is feeling confident about retail sales. U.S.-based importers and suppliers who sell goods to retailers are not entirely confident consumers are going to open their wallets, according to a new survey conducted by Capital Business Credit, a supply chain finance company…» Chance of a Fed […]
Commercial Real Estate & Business News – November 23, 2016
US Holiday Sales Likely To Expand US shoppers have been spending a little bit more each holiday season since the end of the recession, and will most likely follow that pattern over the coming weeks, according to a new survey and forecast from Chicago-based JLL. Researchers at the firm say that total holiday sales figures […]
Commercial Real Estate & Business News – November 22, 2016
Commercial Real-Estate Cycle Holding Steady, Economist Says The commercial real-estate industry remains in an expansion cycle, helped by a steady economy and few signs of overbuilding. Rising interest rates are a concern, but few other signs are flashing warnings, said Calvin Schnure, senior economist for the National Association of Real Estate Investment Trusts during a […]
Commercial Real Estate & Business News – November 21, 2016
Luxury Apartments in Valley Command High Prices…3 Assets Trade for $200k/Unit In a continuing trend for well-located and well-constructed multi-family properties in the Phoenix area commanding hefty prices, three Valley apartment communities exchanged hands this week with an average price per unit of more than $200,000. In the highest priced sale of the three, DiNapoli […]
Commercial Real Estate & Business News – November 18, 2016
American Unemployment Claims Just Hit a 43-Year Low The number of Americans filing for unemployment benefits fell to a 43-year low last week, pointing to a rapidly tightening labor market that could allow the Federal Reserve to raise interest rates next month. Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 235,000 […]