Creators Syndicate, Dec. 12, 2015–Woodard, Jim
An increasing supply of rental units is slowing the rise in rents. The annual rent appreciation has slowed for the past three consecutive months as more apartments become available.
Category: Top National News
As Commercial Real-Estate Prices Soar, Fed Weighs Consequences
Wall Street Journal, Dec. 11, 2015–Hilsenrath, Jon; Harrison, David
Five Federal Reserve officials-gathered at a conference table in Charlotte, N. C.-had to determine if hypothetical booms in commercial real estate and corporate borrowing risked collapse and damaging fallout for the broader economy.
Commercial Real Estate Boom Won’t End on Higher Rates
The Street, Dec. 14, 2015–Schaffler, Rhonda
The commercial real estate boom that’s sent rent prices soaring won’t end even if the Federal Reserve raises rates this week, said Brian Ward, president of capital markets at Colliers International.
Philadelphia Apartment Market Expands
Wall Street Journal, Dec. 15, 2015–Hudgins, Matt
Philadelphia has an apartment shortage-and big developers are starting to fill the void.
Commercial Debt Rises in the Third Quarter
Scotsman Guide, Dec. 15, 2015–Whitman, Victor
Commericial and multifamily debt rose in the third quarter with three out of the four investor classes increasing holdings, the Mortgage Bankers Association reported.
Lenders Signal Confidence in Canadian Real Estate
Exchange Magazine, Dec. 3, 2015
At a time when the strength of the Canadian housing market is being called into question, a new survey of the Canadian lending community indicates confidence in Canadian commercial real estate.
Where Rich Chinese Are Stashing Their Cash: America’s Hotels and Strip Malls
Wall Street Journal, Dec. 8, 2015–Karmin, Craig
As China’s economy sputters, those looking to get their money out of the country find unlikely places to park their wealth.
Blackstone to Buy Apartments from Greystar in $2 Billion Deal
Bloomberg, Dec. 8, 2015–Mulholland, Sarah
Blackstone Group LP agreed to buy 32 multifamily properties for about $2 billion from Greystar Real Estate Partners LLC as the private equity giant expands its push into the U.S. apartment market.
In Growing Portland, the Strategy Is Density Over Sprawl
New York Times, Dec. 8, 2015–Libby, Brian
Commercial real estate has traditionally been built in the downtown core or the suburbs. But companies say their employees increasingly look for “20-minute” neighborhoods where one can live, work and shop within less than a half-hour’s walk.
Is There Fear in Commercial Real Estate?
Bloomberg TV, Dec. 8, 2015
Mosaic Founder and Managing Partner Ethan Penner discussed commercial real estate markets on Bloomberg TV.