Commercial Real Estate & Business News – June 8, 2015
Where are Cap Rates and Interest Rates Headed? Not everyone in the commercial real estate industry believes that interest rates will rise this year, despite indications in March that the Federal Reserve would probably increase them. And even if rates do rise, commercial real estate experts disagree as to how that will change business. ?It?s […]
Commercial Real Estate & Business News – June 5, 2015
Survey: Economy is ‘Somewhat Positive’ for Phoenix Small Businesses A new survey found that Phoenix small businesses owners felt better about their future in May than in April. San Francisco-based Thumbtack reported that in May 74.4 percent of Phoenix-area small businesses said that in three months from now the company’s financial outlook will be a […]
Commercial Real Estate & Business News – June 4, 2015
Why Are CRE Execs So Happy? Commercial real estate executives are feeling much more confident about the market this year with nearly 60 percent saying they are more optimistic than last year, according to the sixth annual Akerman U.S. Real Estate Industry Outlook Survey released today. The report found CRE professionals surveyed this year had […]
Commercial Real Estate & Business News – June 3, 2015
Why Some Bank Economists Think the Fed Won’t Raise Rates until December Bank economists and Federal Reserve governors have a lot in common: They?re more cautious about their expectations for the economy after a lousy first quarter, but they still expect growth to pick up in the second half of the year. That?s why the […]
Commercial Real Estate & Business News – June 2, 2015
Developers Ask Phoenix for More Time to Buy, Redevelop ‘Psycho’ Barrister Building Developers are asking the city of Phoenix for more time in their bid to buy and redevelop the Barrister Place building in downtown Phoenix. The historic building was constructed in 1915 and featured in Alfred Hitchcock?s ?Psycho? movie in 1960. Apartment developer P.B. […]
Commercial Real Estate & Business News – June 1, 2015
Lenders Look Ahead ? Cautiously As loss rates in commercial real estate loans plummet, U.S. banks are once again competing to lend the funds that complete the deals. Commercial real estate lending is strong, with 2014 year-end loan balances matching the last peak market of 2007. However, the shadow of the Great Recession still lingers, […]