Commercial Real Estate & Business News – December 19, 2022

CRE Sentiment Index Suggests Recession Will Be Shallow and Short

Volatility has dominated the RCLCO Current Real Estate Market Sentiment Index (RMI) lately – with distress reaching 2020 COVID-19 levels – but respondents to its most recent survey suggest that the real estate market may have hit its low or will in…»

CBRE Sees “Moderate” Recession Mixed with Investor Opportunities in 2023

CBRE foresees a moderate recession in 2023 that will bring declines in real estate investment and leasing activity, though inflation will recede by year end and well-capitalized investors still will be able to make deals, according to…»

Super Saturday to Draw 158 Million Shoppers

A record number of shoppers are expected to turn out on Super Saturday, Dec. 17, which falls eight days before Christmas this year. More than 158 million consumers are expected to shop on the last Saturday before Christmas this year, according to…»

Phoenix Approves Development Agreement for New Office Campus, Headquarters

The city of Phoenix gave the green light to a development agreement for a new office complex and company headquarters on Wednesday with no public discussion on the item. Although the formal developer or company names have no…»

SFR Investors Are Increasingly Targeting These Markets

Investors in single-family rental properties are increasingly eyeing a handful of US metros, according to an analysis by Trepp’s Jack FaForge. Single-family rental developments are most prevalent in the South Atlantic region of the…»