In the first of several major reports this week on U.S. employment, ADP, Roseland, N.J., said private-sector employment increased by 571,000 jobs from September to October.
Category: News and Trends
MBA: 3Q Commercial/Multifamily Borrowing Jumps Nearly 120% Year over Year
Commercial and multifamily mortgage loan originations increased by 119 percent in the third quarter from a year ago and increased by 19 percent from the second quarter, the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations reported.
Small-Cap Commercial Real Estate Firing on All Cylinders
The economic rebound has boosted small businesses, giving small-cap commercial real estate leasing and investment markets a jolt, reported Boxwood Means LLC, Stamford, Conn.
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“Stellar small-cap retail sector performance, which flies in the face of public debate ad nauseum about the existential threat to retail posed by online shopping, conjures up Rodney Dangerfield’s famous line about getting no respect,”
–Randy Fuchs, Principal and Co-Founder with Boxwood Means LLC, Stamford, Conn.
CREF Returns to San Diego–In Person
Meet up in person again at the largest commercial/multifamily industry event of the year, the MBA Commercial/Multifamily Finance Convention & Expo 2022.
Commercial Property Price Growth Accelerates
Commercial real estate prices continue to increase, according to new reports from Real Capital Analytics and CoStar.
Building Materials, Labor Shortages Hold Back Construction
Construction spending, while up year over year, continues to be hampered by building materials shortages and difficulties finding labor, the Census Bureau reported Monday.
Dealmaker: Merchants Capital Secures $71M for Missouri Mixed-Use Property
Merchants Capital, Carmel, Ind., secured $71 million for Wildhorse, a market-rate mixed-use apartment and retail development in Chesterfield, Mo.
Tech Industry Expands Office-Leasing Activity
CBRE, Dallas, said the technology industry led a rebound in U.S. office-leasing activity this year, fueled by increased hiring and demand for tech products and services.
ULI Survey Finds Continued Commercial Real Estate Optimism
Most commercial real estate indicators should return to pre-pandemic levels by 2023, the Urban Land Institute said in its latest semiannual survey.