Commercial Real Estate & Business News – February 23, 2017

The nation’s publicly traded REITs are projecting to remain net sellers again this year with current disposition plans announced by 39 major REITs calling for the sale of more than $15 billion in properties. REITs said they plan to plow most of the proceeds from those sales into their development pipelines…»
On Feb. 3rd, President Trump signed an executive order directing the Treasury secretary to conduct a broad review of The Dodd-Frank Wall Street Reform and Consumer Protection Act that was enacted in 2010. At the time, Trump said “we expect to be cutting a lot out of Dodd-Frank …»

It’s been a tough couple of years for retail and restaurant chains. With the rise of local first and e-commerce options, more traditional chains are having a rough go of it, with shops such as Macy’s, The Limited and Sports Authority having to close their doors, among others.…»

Multifamily lenders need to keep an eye on income growth and factor it into their underwriting standards, in addition to being aware of decreasing affordability in the market, speakers at MBA’s CREF/Multifamily Housing Convention & Expo 2017 here told attendees at yesterday’s “Emerging Trends in Multifamily” panel…»
The U.S. apartment market has been a “winning bet” for real estate investors in the years following the recession, according to MPF Research, a division of RealPage. Average U.S. apartment rents have increased by 26% since 2010, and the multifamily sector annually contributes about $284 billion to the economy. …»