Commercial Real Estate & Business News – April 29, 2016
Suburban Office Heats Up as CBD Demand Spills Over into Outlying Markets Tenant interest in suburban office space is finally ramping up, with many suburban office markets starting to see gains in net absorption, occupancy and rental rates after watching their urban counterparts enjoy steady gains over the past several years. While it may be […]
Commercial Real Estate & Business News – April 28, 2016
Housing is Economic Bright Spot; Refinance Potential Brighter Housing remains the bright spot in a darkening economic outlook according to Freddie Mac’s economists. Though they have revised their forecast for economic growth downward in the latest edition of the company’s Outlook they are still forecasting housing will retain its momentum in 2016. First quarter data […]
Commercial Real Estate & Business News – April 27, 2016
Has the Apartment Market Hit the Inflection Point? For the last few years, the multifamily asset class has been the top performer of all property types, delivering a per-unit revenue (market rent x occupancy) growth rate of 4.8 percent in 2015. Some markets clearly outperformed others. These included Portland, Ore., San Francisco, Oakland, Calif. and […]
Commercial Real Estate & Business News – April 26, 2016
Leasing Momentum Accelerates at Student Housing Communities Students are quickly signing leases to live at off-campus student housing communities when the new academic year starts this fall, pushing rents higher despite competition from the thousands of new student housing beds that developers plan to deliver. “Pre-leasing is ahead of last year at this time,” says […]
Commercial Real Estate & Business News – April 25, 2016
Arizona Republic 100: State’s Largest Employers in 2016 With little fanfare, Arizona in recent months finally closed the books on the recession, with statewide employment now higher than it was prior to the downturn. Arizona’s largest non-government employers are doing their part, gradually boosting their job totals… Read more » PHX Markets Report Lower Q1 Vacancy The […]
Commercial Real Estate & Business News – April 22, 2016
U.S. Office Market Sending Mixed Signals as Recovery Enters Later Stages The U.S. office market appears to be at the stage in the real estate cycle that analysts often describe as a turning point or tipping point. Overall, the U.S. office market continued to post solid fundamentals during the first quarter, including very strong net […]
