NAR: Improving economy brightens commercial outlook (8/26/2014)
A strong rebound and more jobs improved the outlook in 2Q 2014. The economy finally appears to be turning a corner to firmer ground, says Chief Economist Yun.
Commercial outlook sunny with a few clouds (8/11/2014)
Real Estate Roundtable Q3 survey: The recovery continues a slow-but-steady upswing but a few potential threats, such as higher interest rates, dot the horizon.
‘Spec’ office construction back in demand (8/8/2014)
When the office recovery first started to take hold, builders stuck to build-to-suit projects; but now they’re placing bets on projects before they find tenants.
Trends show outlook for multifamily sector bright (8/4/2014)
A lot of Americans, notably young adults, have a pent-up desire to get out on their own, and they view renting as the first major step toward independence.
Retail rents on the rise as vacancies dwindle (7/9/2014)
Vacancies at strip malls fell to 10.3% in 2Q 2014; vacancies at traditional malls held at 7.9%. Rents rose at both types of malls: 0.5% and 0.4% respectively.
Renters feel pinch as landlords raise rents again (7/7/2014)
Reis Inc.: The average monthly apartment rent increased in 2Q 0.8% from the first quarter and 3.4 percent year-over-year – its 18th consecutive increase.
Builders happy with demand and profit of apartments (5/29/2014)
NAHB’s 1Q index finds that builders’ perceptions are largely positive – “Market-rate and low-rent units has been pretty stable for quite some time.”
How big is a square foot? Group wants a standard (5/29/2014)
Building owners measure office space square footage, or square meters, differently in some countries, so a group is pushing for an international standard.
NAR reports improvement in all commercial sectors (5/28/2014)
Despite slow overall economic growth, all sectors of commercial real estate improved in 1Q, but multifamily continues to be the star performer.
Avoid property management mistakes (5/21/2014)
“It doesn’t matter how good you are in property management … there’s always something you can get sued for.” Some risk is the nature of the business.
Realtors say good things about commercial real estate (5/19/2014)
Analysts say a commercial real estate recovery – a lagging indicator – suggests that the broader economy is strengthening as it rebounds from the recession.
Small businesses more optimistic about economy (5/15/2014)
April’s Small Business Optimism Index rose to a post-recession high of 95.2. While it’s not an expansion-level number, it reflects a slow but steady rebound.
NAR commercial report finds optimism (5/7/2014)
Commercial Member Profile: Despite a government shutdown, regulatory changes and a budget sequestration, ongoing job creation has boosted the commercial market.
Commercial real estate: Policy uncertainty hurting full economic recovery (5/5/2014)
Real Estate Roundtable: However, federal policy uncertainty and risks of geopolitical conflicts remain obstacles in the way of full economic recovery.
Website will allow small investments in commercial (5/5/2014)
Crowdfunding – when groups of people pledge small dollar amounts to a project on sites like Kickstarter – is coming to Fla.’s property market.
Fla. issues memo to businesses: Taxes are lower here (4/17/2014)
Enterprise Florida used tax day, April 15, to give out-of-state businesses a list of low-tax reasons they should consider relocating to the Sunshine State.
Key to commercial investors: Infrastructure quality (4/10/2014)
ULI survey: While infrastructure is top deal breaker or maker for 88% of investors, demographic forces (consumer demand, workforce skills, etc.) also ranked high.
Mortgage Bankers: Commercial lending up in 2013 (4/9/2014)
Report: The dollar volume for commercial and multifamily mortgages closed in 2013, $358.5 billion, was 47% higher than in 2012.
Fla. recreational, ranchland transactions down, prices up (4/3/2014)
2014 “Lay of the Land” report: Closed sales for Fla. rec and ranchlands down 50% over the past year, but the year-over-year median price per acre is higher.
4 big predictions for commercial real estate (3/31/2014)
Shopping malls will fade a bit and boomers will boost demand for housing and health care; urban areas will boom, and green building will grow more mainstream.
Akerman survey finds steady commercial optimism (3/13/2014)
Survey finds higher expectations for capital from almost all sources – domestic investors, banks and foreign investment; 70% are optimistic about 2014 growth.
U.S. terrorism risk insurance expires in 2014 (3/7/2014)
Congress passed the Terrorism Risk Insurance Act after 9/11, but it expires this year. Without an extension, commercial coverage could get a lot more expensive.