Commercial Real Estate & Business News – April 17, 2015
Retail Reuse: Medtail Emerges as Trend for Neighborhood Shopping Centers The Metropolitan Phoenix retail market continues its recovery, as noted in a recent report from CBRE Phoenix Research. With vacancy under 10 percent for the first time in seven years, demand for space is beginning to reflect that of pre-recession levels. However, while a sense […]
Commercial Real Estate & Business News – April 16, 2015
CRE Prices Continue Advance Across More Markets and Building Types Continuing the broad recovery across all property types and throughout most U.S. markets, commercial real estate prices again moved upward in February, reflecting solid occupier demand as well as widening investor interest in smaller properties outside the largest U.S. metros… Read more » Baby Boomer Investors Exchanging […]
Commercial Real Estate & Business News – April 15, 2015
Wallet Squeeze: Apartment Rents Projected To Rise Again Living in an apartment? Expect your rent to go up again. Renting has gotten increasingly expensive over the last five years. The average U.S. rent has climbed 14 percent to $1,124 since 2010, according to commercial property tracker Reis Inc. That’s four percentage points faster than inflation, […]
Commercial Real Estate & Business News – April 14, 2015
Survey Shows Commercial Real Estate Poised For Three Years of Growth The forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate, released April 8, shows commercial real estate transaction volume rising to $470 billion this year from $424 billion in 2014, an increase of 11 percent. Volume is projected to […]
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 […]