Commercial Real Estate & Business News – March 10, 2015
New Class A Office Building Eyed For Loop 101 Near Scottsdale Opus Development Co. is looking at building a new Class A office building near Via de Ventura Drive and the Loop 101 freeway. Opus is looking at locating a 100,000- to 108,000-square-foot development and business park site on the Salt River Pima Maricopa Indian […]
Commercial Real Estate & Business News – March 9, 2015
‘Disruption’ Drives CRE Deal Flow It may be a time of investment activity on par with what we saw during the peak of the previous cycle, but it’s hardly business as usual. In its new report on real estate private equity, EY uses the word “disruption” to characterize the tumult facing the global real estate […]
Commercial Real Estate & Business News – March 6, 2015
A ‘Goldilocks Economy’ For Commercial Real Estate More than five years since the official end of the Great Recession, this is shaping up to be a recovery for the ages ? and for commercial real estate. Certainly this isn’t what anyone would term a “dream” recovery. The U.S. recovery is outpacing the U.K. and especially […]
Commercial Real Estate & Business News – March 5, 2015
Regional and Mid-Sized Banks Outpace Larger Competitors in Growing CRE Loan Portfolios A key trend that emerged among U.S. banks last year was a wide variation in commercial real estate lending by bank size and loan type, with the largest regional banks and mid-sized banks showing the strongest loan growth, but a significant pullback by […]
Commercial Real Estate & Business News – March 4, 2015
Drops in Joblessness, CMBS Late-Pays Align As the unemployment rate goes, so goes CMBS delinquency. That?s the conclusion reached by Standard & Poor?s, which forecasts the late-pay rate to decline across 2015 in line with the rate of joblessness. Specifically, the ratings agency is predicting a decline of between 50 and 100 basis points in […]
Commercial Real Estate & Business News – March 3, 2015
Apartment Sales Up 42% in January The apartment transaction market started 2015 off just as frenzied as it finished 2014. In January, the sector posted $9.3 billion in sales, which was a 42% increase compared to January 2014. Both garden and mid- and high-rise sales contributed to the growth, increasing 40% and 46% year-over-year, respectively. […]
