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Commercial Real Estate & Business News – October 28, 2022

U.S. GDP Accelerated at 2.6% Pace in Q3, Better Than Expected as Growth Turns Positive

The U.S. economy posted its first period of positive growth for 2022 in the third quarter, at least temporarily easing recession fears, the Bureau of Economic Analysis reported Thursday. GDP, a sum of all the goods and services produced from July through…»

REPORT: 9 OF THE 10 TOP MARKETS TO WATCH ARE IN THE SUN BELT

Drawing insights from over 2,000 leading real estate industry experts, the Urban Land Institute (ULI) and PwC US have released Emerging Trends in Real Estate 2023. The report confirmed that aspects of the industry are “normalizing” and returning to…»

Uptick in Office Demand Snaps Three-Month Losing Streak

Despite the slight increase in demand in September, the VTS Office Demand Index (VODI) analysis has generally been trending downward in recent months amid rising interest rates and a cooling labor market. Its reported uptick ended…»

Retailers Developing Their Media Muscle

Online retailers have tapped into the advertising power of their digital sites for years by relying on various automated tools to show third-party advertisements to relevant consumer segments. But now, retailers with a strong offline presence can also…»

Largest Single-Family Landlord Lowers Profit Estimates Amid Cooling Housing Market

Invitation Homes, the nation’s largest single-family rental landlord, is slowing its acquisition pace and lowering profit estimates because of higher inflation and increases in tenant turnover and tax rates. In an earnings call Thursday, the Dallas-based company said…»