Commercial Real Estate & Business News – November 11, 2015
HAPPY VETERAN’S DAY! Positive October Jobs Report Bittersweet for Commercial Real Estate Industry After disappointing reports by the U.S. Bureau of Labor Statistics in August and September, hiring has surged with employers adding 271,000 new payroll jobs last month, far surpassing the 185,000 jobs forecasted in Bloomberg’s survey of economists. Revisions to the August and […]
Commercial Real Estate & Business News – November 10, 2015
Expect The First Interest Rate Increase In 9.5 Years It was a good week for the economy. The employment news was good, not only because the October numbers were well above expectations, but, August employment was revised upward. In addition the unemployment rate declined to 5.0% and the underemployment rate broke the 10% barrier. In […]
Commercial Real Estate & Business News – November 9, 2015
Study: Arizona Is A Top Destination For Relocating California Businesses Arizona has been found to be one of the top destinations in the nation for businesses relocating from California, according to the Phoenix Business Journal. According to a recent study from Spectrum Location Solutions, Arizona was one of the top destinations for relocating California businesses […]
Commercial Real Estate & Business News – November 6, 2015
As Retail Finally Enters Recovery, More Investors Backing Malls, High-End Shopping Centers A variety of factors, including rising rental rates, stronger tenant sales and a dwindling supply of quality well-located shopping center space, are causing U.S. and offshore investors to move back into the retail real estate sector, the last of the four major commercial […]
Commercial Real Estate & Business News – November 5, 2015
Private Equity Funds Sitting on $244 Billion of Cash Earmarked for CRE In case anyone thought private equity funds might start shying away from ever-pricier commercial real estate, the numbers would say otherwise. CRE private equity funds ended the third quarter with $244 billion of dry powder available for investment, according to the Preqin, a […]
Commercial Real Estate & Business News – November 4, 2015
The Rise of Renters: Housing in the Decade Ahead There are now more Americans renting than at any other time in U.S. history. Over the last decade, the share of renter households in the U.S. has increased significantly as homeownership rates have fallen from 69.2 percent in 2004 to 63.4 percent in 2015, the lowest […]