Commercial Real Estate & Business News September 16, 2019

Industrial Outlook Calls for Steady Growth in 2020 Despite concerns about the long-term impact of tariffs and the potential for an economic downturn, the outlook for the U.S. industrial sector heading into 2020 remains positive, according to industry executives who spoke at the recent Avison Young U.S. Industrial Summit in Chicago. The sector experts cited low vacancy rates and rising rental…»
AC Hotel by Marriott Breaks Ground at Arizona Center
Arizona Center continues its growth and improvement with the much-anticipated groundbreaking of the new AC Hotel by Marriott – Downtown Phoenix.  The hotel is a joint venture development by Dallas-based NewcrestImage and Las Vegas-based LaPour Partners. The new AC Hotel by Marriott – Downtown Phoenix at Arizona Center will be the…»
Three Trends Shaping Retail’s Great Transformation
We are long past the point of discussing how technology has interrupted our lives and changed our perspective of the world. We are now in the post-disruption era, and in many sectors including retail, a new normal is emerging. The carnage of stores closing is still around us, but at the same time we are finally at a place where we…»
US Retail Sales Top Forecasts in August as Auto, Online Purchases Rise
US retail sales climbed more than expected last month driven by purchases at auto dealers and online retailers, however an underlying gauge of consumer demand grew at its slowest pace in six months. Headline retail sales rose 0.4 per cent in August, the Commerce Department said on Friday, exceeding economists’ expectations for a 0.2 per…»
Government Revises Multifamily Loan Caps for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency is moving to place limits on Fannie Mae and Freddie Mac’s multifamily loan purchases after the Trump administration proposed a reduction in the government’s role in the U.S. housing finance system. FHFA removed from the two government-sponsored enterprises, known as GSEs, exclusions that…»