Commercial Real Estate & Business News – December 21, 2015
Survey: Lots More Holiday Shopping Left—and Get Ready for a Busy Dec. 26 Going into the final stretch of the holiday season, a majority of Americans are far from finished with their holiday shopping. Seventy-three percent (73%) plan to shop last minute (vs. 79% in 2014), as most wait to find the best deals (44% […]
Commercial Real Estate & Business News – December 18, 2015
Fed Finally Raises Rates, Response from CRE Industry: ‘No Big Deal’ After seven years of worrying over raising interest rates, discussing the best time to raise interest rates, and debating the impact of raising interest rates, money from the federal government is no longer free. In a unanimous vote, the board of the Federal Reserve […]
Commercial Real Estate & Business News – December 17, 2015
Time to Worry About Speculative Construction? Not Yet, Experts Say Strong construction starts were evident in almost every property sector this year, rising again a long dip in demand from 2009 to 2013, and speculative construction was definitely a part of the trend. According to recent data from research firm CoStar Group, the number of […]
Commercial Real Estate & Business News – December 16, 2015
Interest Rates, Cap Rates Don’t Move in Lockstep The monthly meeting of the Federal Open Market Committee that gets underway on Tuesday is expected to begin the long-awaited, long-delayed process of normalizing interest rates. With the prospect of near-term action by the Federal Reserve, “real estate investors are worried,” as a new report from TIAA-CREF […]
Commercial Real Estate & Business News – December 15, 2015
Commercial Real Estate Boom Won’t End on Higher Rates The commercial real estate boom that’s sent rent prices soaring in places like New York and San Francisco this year won’t end even if the Federal Reserve raises rates this week, according to one expert. “There’s still massive liquidity. That liquidity is not going away anytime […]
Commercial Real Estate & Business News – December 14, 2015
As Commercial Real-Estate Prices Soar, Fed Weighs Consequences Federal Reserve officials participating in a “war game” exercise this year came to a disturbing conclusion: Six years after the financial crisis ended, the central bank remained ill-equipped to quell the kind of dangerous asset bubbles that destabilized the savings-and-loan industry during the late 1980s, tech stocks […]