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This year held some surprises that could have an impact on commercial real estate, and the economy as a whole, in 2017. Here’s a look at five commercial real estate trends to watch in the coming year…»
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The Bureau of Economic Analysis’ final estimate for third-quarter U.S. GDP growth was revised up to 3.5 percent, a considerable improvement from the final second-quarter estimate…» |
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If a company wanted to get a construction loan over the past couple of years, the terms were 65% to 75% loan-to-cost (LTC) and LIBOR plus 225. But as The Dodd-Frank Wall Street Reform and Consumer Protection Act has tightened lending standards, banks are now offering loans somewhere in the range of 55% LTC and LIBOR plus 300 to 350, according to Mitchell Kiffe, senior managing director at CBRE Capital Markets…»
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Rockwood Capital and Alliance Residential Co. sold Broadstone Scottsdale Horizon in North Scottsdale, Ariz., to MG Properties. Located at 9259 E. Raintree Drive, the 330-unit multifamily rental community went for $51 million…»
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Roosevelt Row appears on Instagram a lot. The downtown Phoenix arts district was named no. 22 in the ” The Top 25 Most Instagrammed Art Spaces of 2016″ by Vice’s The Creators Project…» |