Commercial Real Estate & Business News – April 13, 2015
Decreased Valuations Pose Challenge for CMBS Refi This year marks the first of the oncoming “wave of CMBS maturities” for vintage 10-year loans originated from 2005 to 2007. More than $300 billion in loans are due to mature over the next three years, according to Trepp LLC, and nearly 30 percent of the maturing balance […]
Commercial Real Estate & Business News – April 10, 2015
Get Ready For Arizona’s Tech Boom Are you ready for it?Of course you?re not. Why would you be. You have no idea it?s happening, but it is. The good news is that the tech boom is probably going to be really good for you, but the bad news is that virtually everything is about to […]
Commercial Real Estate & Business News – April 9, 2015
Commercial Property Values Now 14% Above 2007 Peak: Report U.S. commercial property values have been nothing if not consistent in the past half decade, steadily ticking upward. Real estate research firm Green Street Advisors reported Tuesday that commercial property values in March were 11% above March 2014, and unchanged from February. In all, values have […]
Commercial Real Estate & Business News – April 8, 2015
Will Congress Act on Multifamily Legislation? CRE Industry Still Hopes So There?s still a sliver of a chance that Congress will take action this year on matters important to the apartment business, but the odds of action get longer all the time. ?The general consensus is that there is no consensus and nothing will get […]
Commercial Real Estate & Business News – April 7, 2015
US Pending Home Sales Reach Highest Level Since June 2013 Pending home sales in the United States in February increased to their highest level since June 2013, according to the latest figures from the National Association of Realtors. Sizeable gains in the Midwest and West offset smaller declines in the Northeast and South and overall […]
Commercial Real Estate & Business News – April 6, 2015
U.S. Centers Hit Record Occupancy in 2014 2014 was a banner year for the U.S. shopping center industry, with surging occupancy rates and strong growth in rents and net operating income (NOI), according to research from ICSC and NCREIF. “Record growth in key indicators such as occupancy and NOI strongly indicate a healthy outlook and […]