Commercial Real Estate & Business News – January 4, 2017
Luxury Apartment Boom Looks Set to Fizzle in 2017 Landlords of upscale properties across the U.S. are bracing for rough conditions in 2017 that will likely force them to slash rents and offer deep concessions as a glut of supply brings a seven-year luxury-apartment boom to an end. …» CMBS Late-Pays Reach 14-Month High Erasing […]
Commercial Real Estate & Business News – January 3, 2017
Joint Efforts Help Create and Capitalize Economic Development When a company relocates to a region, it creates a lot of benefits that spin off to the entire broader region, county and state as a whole. Mayors, city officials, economic development teams and groups are working together to facilitate more economic development opportunities throughout the state […]
Commercial Real Estate & Business News – December 30, 2016
CoStar’s National Price Index Extends New High as Property Price Gains Continue The last release of CoStar Commercial Repeat-Sale Indices (CCRSI) data for November 2016 found CRE pricing continuing its upward trek, with both of the major composite price indices advancing by more than 1% in the month of November, having already eclipsed their […]
Commercial Real Estate & Business News – December 29, 2016
Last-Minute Spending Surge Lifts U.S. Holiday Shopping Season A jump in consumer spending in the final stretch of December significantly offset a slow start to the U.S. holiday shopping season, and is likely to help many retailers beat sales forecasts, industry research groups said on Tuesday…» Retailers Delivered this Holiday Season The majority of retailers […]
Commercial Real Estate & Business News – December 28, 2016
FORBES: 5 Commercial Real Estate Trends To Watch In 2017 This year held some surprises that could have an impact on commercial real estate, and the economy as a whole, in 2017. Here’s a look at five commercial real estate trends to watch in the coming year…» Economy Watch: GDP Growth Jumps in 3Q The […]
Commercial Real Estate & Business News – December 27, 2016
U.S. Economic Growth Revised Up to 3.5% Pace in Third Quarter The U.S. economy expanded more than previously reported last quarter on bigger contributions from a range of factors including services spending, intellectual property and construction by state and local governments. Gross domestic product rose at a 3.5 percent annualized rate in the three months […]