Commercial Real Estate & Business News – October 2, 2014
Money Coming In for Value-Add and Opportunistic CRE Since 2009 following the Great Recession, senior mortgage capital has focused almost exclusively on fully-leased, cash flowing assets in major gateway markets, virtually ignoring transitional assets in suburban and secondary markets. Now that is also changing. While the recovery in most core markets is at the mature […]
Commercial Real Estate & Business News – October 1, 2014
Where To Invest In Real Estate In 2015 The map of global real estate investment has changed. After years in which they privileged capital preservation over returns, investors have regained their taste for adventure and are branching out into alternative markets in search of good opportunities. Read more » Among Commercial Sectors, Investors Still Favor Multifamily Even […]
Commercial Real Estate & Business News – September 30, 2014
Why Stores Still Rule Retail For all the talk of how online retail dominates, the vast majority of purchases are still made in person, in a physical location. Surprised? E-commerce sales were just 6.4 percent of total retail sales for the second quarter of this year, according to the U.S. Department of Commerce, up from […]
Commercial Real Estate & Business News – September 29, 2014
South Mountain Loop 202 Extension Moves Closer to the Starting Line The light at the end of the Loop 202 South Mountain Freeway administrative process shines over Nov. 25. That is the last day for comments on the Final Environmental Impact Statement for the freeway. It will mark the beginning steps of moving to the […]
Commercial Real Estate & Business News – September 26, 2014
Sabal Financial Buys 583,252-Square-Foot Office Portfolio For $51.075 Million Companies formed by Sabal Financial Group L.P. paid $51.075 million (blended average of $87.57 per foot) to buy a combined 583,252 sq. ft. of Phoenix office space. The sellers in four separate cash transactions were commercial mortgage backed securities (CMBS). The special servicer assigned to dispose […]
Commercial Real Estate & Business News – September 25, 2014
Deloitte: Total Holiday Sales to Rise 4% to 4.5%; Non-Store Sales Up 14% Total holiday sales are expected to rise 4% to 4.5% over last season, totaling between $981 and $986 billion, according to Deloitte?s annual retail holiday sales forecast. The growth represents a moderate improvement over last year?s 2.8% gain. Additionally, Deloitte forecasts a […]
