Commercial Real Estate & Business News – December 18, 2013
Commercial Real Estate Recovery to Accelerate in 2014 es Lang LaSalle’s research experts have polished off the firm’s crystal ball and it reveals a clear path to stronger performance expectations for commercial real estate in 2014. The firm’s top researchers believe the “global real estate disconnect” between buoyant investment markets and more cautious leasing markets […]
Commercial Real Estate & Business News – December 17, 2013
RealShare Panel Touts Phoenix as Place to Be A panel of real estate professionals met Thursday to discuss multifamily housing as a market indicator as part of the RealShare Phoenix Metro 2013 conference at The Phoenician Resort. The panel was moderated by Daniel Palmier, president and CEO of UC Funding, LLC… Read more Morrison Ranch, […]
Commercial Real Estate & Business News – December 16, 2013
L.A.-Based Investor Adds 286 Apartments To Valley Portfolio Phoenix – A company formed by BB.H. Properties in Los Angeles paid $9.6 million ($33,566 per unit) to buy the 286-unit Madera Court apartments at 8135 N. 35th Avenue in Phoenix. The sellers were entities formed by Fannie Mae in Washington, D.C. and The Related Cos… Read […]
Commercial Real Estate & Business News – December 13, 2013
US Commercial Real Estate Investment Up Investors continue to push borrowed money into U.S. commercial real estate (CRE), making for a positive outlook for capital markets in 2014. Experts say credit performance is improving and lending restrictions are likely to loosen, which means investors will likely not waver in their borrowing habits despite the prospect […]
Commercial Real Estate & Business News – December 12, 2013
CRE Prices Rebound In October Commercial property prices resumed their upward trajectory in October as concerns eased over Federal Reserve stimulus tapering and government fiscal policy and commercial real estate fundamentals continued to improve… Read more House of Comedy Coming to Phoenix’s CityNorth Laughter is coming to CityCenter at CityNorth. The north Phoenix mixed-use development […]
Commercial Real Estate & Business News – December 11, 2013
U.S. Household Wealth Reaches Record High A surging stock market and a steady recovery in home prices drove Americans’ wealth to a record last summer. The nation’s wealth rose 2.6% from July through September to $77.3 trillion, the Federal Reserve said Monday. Household wealth has been rising gradually since bottoming at $57.2 trillion in 2008… […]