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Commercial Real Estate & Business News December 3, 2019

TD Bank’s Head of CRE Business Gregg Gerken Offers an Outlook on 2020 Lending A subsidiary of Canada’s Toronto-Dominion Bank, TD Bank, N.A. is one of the top 10 largest banks in the U.S. with an estimated asset value of $1.4 trillion. TD Bank is an active commercial real estate lender across all property types. The bank expanded its commercial real estate lending by 6.8 percent in 2018, issuing a total of $6.6 billion in…»
Seven CRE Investment Strategies for 2020
The industrial market has been booming for the last few years and is the favored asset class among institutional investors. The market is “hot” because of the strong economy, increased demand for warehouse and distribution space due to rising Internet sales and last-mile same- day delivery of online goods. Cap rates for industrial…»
Here’s How the $602M Desert Ridge Deal Got Closed
It was a deal that grabbed everyone’s attention, but not one that shocked the market experts that saw how strong the Phoenix hospitality sector really was.In September, the JW Marriott Desert Ridge Resort & Spa was sold for $602 million to a joint venture between Trinity Real Estate Investments LLC and Elliott Management Corporation. This large-scale…»
Study: Arizona No. 2 Most Affordable State in U.S.
A new study found that Arizona is the No. 2 most affordable state in the U.S. with expenses taking up 70.5 percent of income. The national average is 81 percent. What consumers spend to buy everyday items has risen 2 percent in just the past year. With incomes not keeping pace, Americans need to be more careful than ever choosing where…»
3 Reasons Why Sunbelt Real Estate is Looking Bright
You hear the statistics in the news all the time: people and businesses are moving to the nation’s South and Southwestern regions at an unprecedented pace. Thanks to the low cost of living, appealing tax benefits and its namesake clear, sunny weather, the Sunbelt-which includes states across the lower half of the country-is the…»