Commercial Real Estate & Business News – November 4, 2014
Malls Fill Vacant Stores With Server Rooms The Internet is moving to a shopping center near you. As America?s retailers struggle to keep up with online shopping, the Internet is starting to settle into some of the very spaces where brick-and-mortar customers used to shop. The shift brings welcome tenants to some abandoned stretches of […]
Commercial Real Estate & Business News – November 3, 2014
US Real Estate Price Growth Slows To More Realistic Level Home value growth has peaked in the United States and the cooling real estate market has banished concerns about a property bubble, according to experts. Home values are still rising in most markets, but the rate of appreciation has slowed considerably, making the housing market […]
Commercial Real Estate & Business News – October 31, 2014
HAPPY HALLOWEEN! Exclusive: Tempe Monti’s to be Joined by $200M Mixed Use Tower The corner of Mill Avenue and Rio Salado Parkway across from the Tempe Town Lake park is getting a new tower. Hayden House Tempe LLC, closed on a 2.5-acre parcel on the southwest corner to preserve the Hayden House – home of […]
Commercial Real Estate & Business News – October 30, 2014
Competition for CRE Lending Creating a Dilemma for Banks Lenders still prefer stabilized properties, but nonresidential construction lending also targeted. The nation?s banks continue to grow their commercial real estate loan portfolios, increasingly betting on the growing demand for new commercial property construction and continued strength in multifamily. However, as many banks acknowledge in their […]
Commercial Real Estate & Business News – October 29, 2014
US Consumer Confidence Hits 7-Year High in October U.S. consumer confidence rebounded strongly in October, hitting a seven-year high as solid job gains raised expectations for economic growth. The Conference Board said Tuesday that its confidence index climbed to 94.5, the strongest reading since October 2007 and the start of the Great Recession a few […]
Commercial Real Estate & Business News – October 28, 2014
Survey: Multifamily, Downtown Development to Drive Commercial Real Estate in 2015 A survey of commercial real estate professionals says that downtown urban core development, millennials continued love of apartment living, and the potential for technology to disrupt industry norms are themes that could emerge in real estate in 2015. The PricewaterhouseCoopers LLP and Urban Land […]
