Charlotte (N.C.) Observer, Jan. 13, 2017–Portillo, Ely
It’s the biggest question right now in Charlotte’s booming commercial real estate market: How long will the good times last?
Category: Top National News
Retail Sales Figures Bear Out America’s Storefront-to-Online Shift
Bloomberg, Jan. 13, 2017–Yadoo, Jordan
Holiday sales at Macy’s Inc., Sears Holdings Corp., and J.C. Penney Co. were anemic and U.S. government data just confirmed it.
Consumer Optimism Slips to Start 2017
HousingWire, Jan. 13, 2017–Ramirez, Kelsey
Although consumer optimism increased after the election of President-elect Donald Trump, 2017 saw a dip in that optimism.
Foreign Money Looks Beyond Gateway Cities for Apartment Assets
National Real Estate Investor, Jan. 17, 2017–Anderson, Bendix
U.S. apartment properties still look good to foreign investors.
Trump Era: Mix of Optimism, Uncertainty in CMBS
Commercial Property Executive, Jan. 18, 2017–Fiorilla, Paul
A year ago, commercial mortgage-backed securities market players were debating how much new regulations requiring issuers to “eat their own cooking” would disrupt the industry.
More Than an Apartment, Not Exactly a Hotel: WhyHotel Looks for the Sweet Spot
Washington Post, Dec. 21, 2016–Sullivan, Patricia
Vornado’s The Bartlett apartment tower in Arlington, Va. looks and feels like an AirBnB home-share, but is run by professionals in a sizable new apartment block. Newmark Grubb Knight Frank’s Greg Leisch called the apartment industry “very slow, way behind the hotel and office industry in participating in the sharing economy.”
REIT IPOs Continue to Face Hurdles
National Real Estate Investor, Jan. 4, 2017–Mattson-Teig, Beth
The real estate investment trust market saw few new players added to the roster in 2016. The sedate pace of IPO activity is testament to the challenging pricing market that still exists, and 2017 is shaping up to be another slow year.
Fed Officials See Gradual Rate Hikes as Upside Risks Debated
Bloomberg, Jan. 4, 2017–Condon, Christopher; Torres, Craig
Federal Reserve officials focused on the impact of potential fiscal stimulus during their December policy meeting, with many starting to worry that the central bank might eventually be forced to quicken the pace of interest-rate increases to head off higher inflation.
Real Capital Markets: Investors Still Sweet on Commercial Real Estate
Real Estate Journals, Jan. 4, 2017–Rafter, Dan
Investors still love commercial real estate. And they love multifamily properties most of all.
Apartment Building Buyers Unmoved by Interest Rate Hike
National Real Estate Investor, Dec. 20, 2016–Anderson, Bendix
It’s easy to assume that higher interest rates will naturally lead buyers of apartment properties to demand higher yields on their investments. But investor yields and interest rate often move in different directions.