| CCIM Report Debunks Retail Myths, Makes Predictions Don’t believe all those scary headlines about the retail apocalypse and death of the American mall. That’s the message of a report-Retail e-Volution: Predictions for 2025-produced by CCIM Institute Chief Economist K.C. Conway, in partnership with the Alabama Center for Real Estate at the University of Alabama. The 21-page analysis debunks common retail myths and…» Developers Face Higher Costs Amid Debate Over Construction Labor Shortage Unions, congressional lawmakers and some state attorneys general are criticizing a federal proposal to expand job training programs that could ease a U.S. shortage of construction workers that real estate developers say is driving up project costs. In response to a 2017 executive order from President Trump, the Department of Labor has proposed a rule that…» Multifamily Industry and Its Residents Contribute Over $3 Trillion to U.S. Economy According to a new Hoyt Advisory Services study commissioned by the National Apartment Association and the National Multifamily Housing Council, the apartment industry and its consequent residents contribute more than $3.4 trillion to the national economy annually, or more than $9.3 billion daily. Resident spending represents the largest portion with…» What WeWork’s Slipping Valuation Means For Softbank’s Other Real Estate Investments On its path to a now-delayed IPO, SoftBank-backed WeWork’s valuation has fallen from $47 billion to somewhere between $10 billion and $15 billion. This precipitous drop appears to be a collective repudiation of not only WeWork’s business model and SoftBank’s valuation philosophy, but of the inverted economics of big money unicorns without a path to…» Why Investment Volumes Are Trending Down This Year Investment volumes overall are trending lower this year compared to 2018. According to a new report from Ten-X Commercial, second quarter sales volumes increased over the sluggish first quarter; however, overall, investment volumes are down over last year. For experts, the trend isn’t a surprise. 2018 was marked by an increase in merger-and-acquisition activity, which…» |