Commercial Real Estate & Business News – January 25, 2018

IRVINE, CA-The Bay Area would appear to be Oversupply Central as far as multifamily is concerned. The region’s three largest metro areas-San Francisco, San Jose and Oakland-are also the three leading markets in which Ten-X Commercial research suggests that investors may want to consider selling their apartment properties…»
For high-net-worth (HNW) investors in commercial real estate, the federal tax overhaul is practically a financial home run. Legal and tax experts say the law bestows several benefits that make it more appealing for HNW investors to buy properties. Broadly speaking, the tax law, enacted in December, represents a huge win for HNW real estate investors…»
CHICAGO-The US economy has been steadily rising for years, but even as many sectors make great progress, brick-and-mortar retail seems like an exception. Consumer confidence hit a 17-year high in November and most experts believe it will remain at a high level in 2018. Overall retail sales increased in 2017, and indicators point to a successful holiday shopping season…»
Toys “R” Us announced Tuesday that it will close down 182 of its stores, including six in Arizona, as it tries to restructure the company and emerge from bankruptcy. The toy retailer filed for bankruptcy back in September, and since then has conducted an extensive store-by-store performance analysis, looking at historical and recent store profitability, sales trends, occupancy costs and the market…»
An attractive market for real estate investment and development can start and end with the economy. Hence, the woes felt during the Great Recession when the economy was down, unemployment was up and real estate activity was dramatically affected, but fast-forward to now. The stock market recently hit an all-time high, spending is up, unemployment is down…»