Commercial Real Estate & Business News May 13, 2019

The Office Sector Got Off to a Good Start in the First Quarter. But New Deliveries Are a Worry U.S. office market performance in the first quarter of 2019 showed resilience, with roughly 14 million sq. ft. of absorption and dropping vacancy, despite increasingly cautious economic sentiment, reports real estate services firm JLL. Even with the delivery of 6.8 million sq. ft. of new office space to the market, vacancy dropped 30 basis points during the quarter to 13.0 percent, and asking rents rose 3.2 percent…»
Designing and Developing Student Housing for Gen Z
Gen Z is one of the most fiscally responsible generations we’ve seen in a long time, prompting student housing companies to find creative ways of satisfying both cost and quality of life for students, especially within the off-campus luxury housing market. The following are important features to consider when designing and developing a student housing community geared towards this demographic:…»
Private Equity’s Role in Driving Retail’s Growth
Retail isn’t going anywhere anytime soon. This past March, retail sales surged at the fastest rate since 2017. Riding this wave of good fortune, private equity firms have continued to invest in retail brands and, as a result, have helped them thrive in the evolving retail landscape we are experiencing today. One of the main reasons private companies are investing in retail is because they view it as another growth vehicle with…»
Brick-and-Mortar Still the First Stop for Moms
While online grocery shopping options continue to evolve and win over more shoppers, for now moms are still making brick-and-mortar retailers their No. 1 place to do buy groceries , according to a new Valassis research report. But the numbers may not be as high as those traditional supermarkets might like. When it comes to food purchases, 52% of moms do most or all of their shopping in-store, compared to…»
Freddie Mac: Mortgage Rates Moderate, Giving Way to a Stronger Spring Homebuying Season
Mortgage interest rates have begun to moderate, giving way to a healthier spring homebuying season, according to the latest Freddie Mac Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 4.10% for the week ending May 9, 2019, down from last week’s rate of 4.14%. A year ago, the rate was 4.55%.”Investors wary of the current economic situation due to ongoing trade disputes resorted…»