Commercial Real Estate & Business News – October 26, 2017

At a time when headlines are proclaiming a retail apocalypse, we must recognize that changes have been occurring for decades. Is retail changing? Surely. But what’s new? It always has been. Visionary developers, creative retailers and the next generation of customers will lead the way, and it won’t be entirely digital…»

A major partnership between co-working giant WeWork, private equity firm Rhône Capital and department store owner Hudson’s Bay Co. could offer a formula to cure ailing retailers’ woes. Coworking Like many retailers, Hudson’s Bay has been struggling to stay afloat amid the shifting retail landscape, but this deal could prove beneficial. WeWork and HBC agreed to a landmark deal that included the sale of Lord & Taylor’s Manhattan flagship for $850M to a joint venture of WeWork and Rhône Tuesday morning…»

According to Deloitte’s 2018 Real Estate & Construction Outlook, which the company released recently, there are a number of trends that real estate companies ought to pay attention to in the year ahead. All of them involve real estate technology…»

New CMBS risk-retention rules that went into effect late last year have not put a damper on B-piece buying. That continued liquidity for the riskiest tranche of CMBS loan pools is good news for borrowers as it helps maintain steady issuance across the broader CMBS market…»

Sales of new single-family houses in September surged to a seasonally adjusted annual rate of 667,000 sales, the report showed. This is up a full 18.9% from 561,000 new home sales in August and up 17% from 570,000 sales in September 2016. The increase marked the fastest pace of home sales in 10 years…»