Commercial Real Estate & Business News February 7, 2019

How Does Mixed-Use Stack Up on the Capital Side?
Equity investors continued to seek out multifamily in 2018 and lenders had plenty of capacity to place debt, but will the trend continue into 2019? Panelists took on that issue during the 2019 NMHC Apartment Strategies Outlook Conference here in San Diego.  For Waterton, Philip Martin, SVP of market research, said that the most important point is to…»
Retail-to-Industrial Conversions Are Gaining Traction with CRE Investors
With e-commerce and reverse logistics continuously increasing the need for industrial space, investors focused on other property types are shifting toward industrial real estate, notes Ross Litkenhous, Washington, D.C.-based global head of business development at the Toronto-based Altus Group, a global provider of commercial real estate software,…»
Fannie Mae Increases Multifamily Small-Loan Limits
Fannie Mae will increase the loan limit of small mortgage loans to $6 million from $3 million or less nationwide and $5 million or less in high-cost markets, effective immediately. The aim, says the organization, is to “ensure an adequate supply of affordable housing for working families” and provide more opportunities for borrowers to realize the benefits…»
Job Growth to Fuel Phoenix Economy in 2019, Report Says
Phoenix was one of the leading metros in the country for employment growth in 2018, a trend that experts forecast will continue into this year as the economy shows no immediate signs of slowing. Phoenix added 76,900 new jobs in 2018, a 3.7 percent increase, according to job additions tracked by CBRE. The research ranked Phoenix second for…»
Roosevelt Row’s Largest Office Building to Become Creative Mixed-Use Project
Roosevelt Row’s largest office building will get a new life as a creative office and mixed-use project. True North Studio, which is based in the Roosevelt Row arts district, bought the 1001 North Central building for $15.25 million, according to real estate database Vizzda. The building formerly housed the Maricopa County Environmental Services and…»