Commercial Real Estate & Business News – April 15, 2015
Wallet Squeeze: Apartment Rents Projected To Rise Again Living in an apartment? Expect your rent to go up again. Renting has gotten increasingly expensive over the last five years. The average U.S. rent has climbed 14 percent to $1,124 since 2010, according to commercial property tracker Reis Inc. That’s four percentage points faster than inflation, […]
Commercial Real Estate & Business News – April 14, 2015
Survey Shows Commercial Real Estate Poised For Three Years of Growth The forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate, released April 8, shows commercial real estate transaction volume rising to $470 billion this year from $424 billion in 2014, an increase of 11 percent. Volume is projected to […]
Commercial Real Estate & Business News – April 13, 2015
Decreased Valuations Pose Challenge for CMBS Refi This year marks the first of the oncoming “wave of CMBS maturities” for vintage 10-year loans originated from 2005 to 2007. More than $300 billion in loans are due to mature over the next three years, according to Trepp LLC, and nearly 30 percent of the maturing balance […]
Commercial Real Estate & Business News – April 10, 2015
Get Ready For Arizona’s Tech Boom Are you ready for it?Of course you?re not. Why would you be. You have no idea it?s happening, but it is. The good news is that the tech boom is probably going to be really good for you, but the bad news is that virtually everything is about to […]
Commercial Real Estate & Business News – April 9, 2015
Commercial Property Values Now 14% Above 2007 Peak: Report U.S. commercial property values have been nothing if not consistent in the past half decade, steadily ticking upward. Real estate research firm Green Street Advisors reported Tuesday that commercial property values in March were 11% above March 2014, and unchanged from February. In all, values have […]
Commercial Real Estate & Business News – April 8, 2015
Will Congress Act on Multifamily Legislation? CRE Industry Still Hopes So There?s still a sliver of a chance that Congress will take action this year on matters important to the apartment business, but the odds of action get longer all the time. ?The general consensus is that there is no consensus and nothing will get […]
