Commercial Real Estate & Business News – January 30, 2018

For the student housing sector, 2018 should once again prove a strong year, according to industry experts. College attendance is not slowing-even if graduate school applications decrease amid a low national unemployment rate. However, there are still issues to watch out for, particularly in certain markets seeing a lot of new supply…»
President Donald Trump is expected to call for legislation enacting his long-awaited infrastructure program during his first State of the Union address tomorrow, a plan that reportedly includes at least $200 billion in federal spending to spur investment from the private sector, state and local governments. A six-page draft of the White House plan to overhaul the nation’s highways, bridges, railroad and airports…»
After 20 years of a car-centric lifestyle in a large house in Bethesda, and nearly a decade of lobbying her husband, Roxanne Littner achieved her goal of moving into the District. “My husband was more attached to the house than I was, and wanted to stay longer, but when we had a plumbing issue and the basement flooded, I put my foot down and set a date to sell our house in a year…»
NEW YORK CITY-As is often the case, the comments in the latest SelectLeaders Hiring Trends survey tell the story of the cross-currents in the real estate industry. A few examples here help to illustrate the breadth of those comments. With regard to the industry outlook overall and the skill sets that the present environment calls upon, one survey respondent sees “positive trends overall but finding opportunities and creating value takes more work. We’ll need a different set of resources (strong asset manager, deal leaders) to unlock asset potential…»
The U.S. economy grew by 2.3 percent in 2017, while fixed investment increased at an annual rate of 7.9 percent, according to an Associated Builders and Contractors (ABC) analysis of data released today by the Bureau of Economic Analysis. The economy expanded at an annual rate of 2.6 percent during the fourth quarter of 2017 after expanding at a 3.2 percent rate during the third quarter…»