Commercial Real Estate & Business News – November 23, 2015
Retail, Office Loans Lead Surge in Originations Third quarter 2015 commercial and multifamily mortgage loan originations were 12% higher than during the same period last year and 3% higher than the second quarter of 2015, according to the Mortgage Bankers Association. Increases in originations for retail and office properties led the overall increase in commercial/multifamily […]
Commercial Real Estate & Business News – November 20, 2015
Despite Another Strong Quarter, Questions Ahead for Some REITs So far, 2015 has been a noteworthy year for the apartment REITs. Two longtime public companies, Home Properties and Associated Estates, were sold. And Equity Residential announced it was selling 23,262 apartment units to Starwood. With those transactions in the background, dispositions were obviously at the […]
Commercial Real Estate & Business News – November 19, 2015
Why Forbes Projects Arizona to Lead U.S. in Job Growth Forbes Magazine has named Arizona the best state for future job growth, but one local economic expert said the distinction does come with some caveats. The magazine in October used forecasts from Moody?s Analytics to call Arizona one of the ?brighter spots in a slumbering […]
Commercial Real Estate & Business News – November 18, 2015
CoStar Group: Investors Still in Love with U.S. Commercial Real Estate Falling unemployment and low interest rates meant good news for the owners of commercial real estate properties in the third quarter of 2015, according to the latest numbers from CoStar Group. In its latest report, CoStar reported that these two factors played a key […]
Commercial Real Estate & Business News – November 17, 2015
So Much For The Death Of Sprawl: America’s Exurbs Are Booming It’s time to put an end to the urban legend of the impending death of America’s suburbs. With the aging of the millennial generation, and growing interest from minorities and immigrants, these communities are getting a fresh infusion of residents looking for child-friendly, affordable, […]
Commercial Real Estate & Business News – November 16, 2015
GCU Plans $400M in Construction Projects Grand Canyon Education Inc. is planning $400M worth of construction projects to expand its Grand Canyon University campus in Phoenix over the next four years. About half of that will be spent over the next couple of years, including the construction of a second engineering building, three new residence […]