Foreign Capital Continues Mounting in US; More Money Moving into Secondary Markets and Product Types
An abundance of foreign private equity capital continues to stream into U.S. commercial real estate, both in top tier and secondary markets, with new funds and new purchases continuing to show up weekly. Late last monthj, LaSalle Investment Management, a leading global real estate investment manager, was awarded $1 billion of equity to invest in U.S. real estate by an unnamed large European institutional investor… Read more »
US Economy: Prettiest Pig in the Trough
The economy continues its slow, uneven climb to complete stabilization, and as it does jobs keep trickling back, a good thing for practitioners of commercial real estate. Dr. Mark Dotzour, chief economist at the Real Estate Center of Texas A&M, is confident about the outlook for both… Read more »
Reata Ranch Targeted For 326 Resort Style Homes In Land Locked Northeast Scottsdale
A venture formed by Valley investor Taber Anderson has completed the assemblage of one of the largest and most valuable tracts of land targeted for residential development in northeast Scottsdale. The high-end lifestyle community… Read more »
Dollar Store Cap Rates Take a Plunge
The economic recession brought big changes to American retail. It hit middle-market stores hard, but many outlets serving cost-cutting consumers thrived, and investors continue to buy up the growing number of dollar stores, according to a new research report… Read more »
Pending Homes Sales In The US Rebound With All Regions Seeing Gains
Pending home sales in the United States rebounded in July and have now risen in four of the last five months, according to the latest data from the National Association of Realtors. All major regions experienced healthy gains except for the Midwest, which saw a slight decline and overall the Pending Home Sales Index, a forward looking indicator based on contract signings, climbed… Read more »