Commercial Real Estate & Business News – January 24, 2014
DeRito Partners Buying Central Phoenix Retail Plaza Planned for Redevelopment A company formed by De Rito Partners in Phoenix plans to purchase and redevelop a retail plaza in Central Phoenix that is located at the southwest corner of Indian School Road and 32nd Street. The 147,000-square-foot center, which is anchored by a Food City grocery, […]
Commercial Real Estate & Business News – January 23, 2014
The Other Cheap Capital: Rethinking Hold Periods With declining fees, jittery interest rates and the real prospect of cap rate reversion, I’ve argued with my friends that the five- to seven-year hold model of multifamily investment has become too risky for the returns to the sponsor community. The risks to long-term value – particularly interest […]
Commercial Real Estate & Business News – January 22, 2014
Outlook Improves for Construction — If Firms Can Find Skilled Workers This year is shaping up to be a good year for the construction industry — if contractors can find enough qualified workers. A survey of more than 800 construction firms by the Associated General Contractors of America found that 41 percent plan to add […]
Commercial Real Estate & Business News – January 21, 2014
Hungry For Returns As investors dealt with so much fiscal uncertainty in 2013 – the budget deficit, potential tax increases, raising of the debt ceiling, and higher health insurance premiums associated with the Affordable Care Act just to name a few – it is almost a relief to get back to worrying about the basics. […]
Commercial Real Estate & Business News – January 17, 2014
U.S. Property Markets Post Strongest Sales Volume Since 2007 For buyers and sellers of commercial property, 2013 was a very good year. Total commercial real estate sales are projected to be more than 18% higher in 2013 from the previous year as U.S. property fundamentals and the economy continued to improve and investors in all […]
Commercial Real Estate & Business News – January 16, 2014
CoStar CCRSI Index: Property Pricing Posts Steady Gains in November The latest CoStar Commercial Repeat Sale Indices (CCRSI) found that pricing continued on a steady upward trajectory for all types of commercial property in November 2013, boosted by the strong take-up of available space by tenants… Read more Commercial Real Estate Investment Market Poised for […]