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Category: News and Trends
Tech Hubs Poised For Growth After Holding Steady Through Pandemic
Technology employment weathered the pandemic better than most professions; now established tech capitals such as San Francisco and Seattle and emerging tech hubs including Dayton and Colorado Springs are poised for growth, said CBRE, Dallas.
Apartment Property Price Growth Overtakes Industrial
Apartment property prices grew faster than industrial asset prices in June, reversing a trend seen through most of 2021, reported Real Capital Analytics, New York.
Personnel News From Greystone, JLL
Greystone hired Karen Ford as a Vice President on its FHA lending team, based in Mississippi.
MBANow: JLL National Practice Leader Jeff Manas
JLL recently launched a new service line inside its Valuation Advisory business and hired Jeff Manas to head its Environmental and Property Condition service.
Cap Rates For Net Lease Retail, Industrial Properties Rise
The Boulder Group, Wilmette, Ill., reported single-tenant net lease cap rates rose slightly in the second quarter after hitting record low levels in early 2021.
Dealmaker: Institutional Property Advisors Closes $40M in Retail, Multifamily Transactions
Institutional Property Advisors, Calabasas, Calif., closed $39.8 million in retail and multifamily transactions in Rhode Island and Arizona.
Quote
“Absent a resurgence of the virus, the economic outlook serves as a strong positive for commercial real estate demand, with property type continuing to be the key differentiator.”
–Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.
CRE Market Sentiment Improves to 2015 Level
CRE executives’ market sentiment has improved dramatically from a year ago, reported RCLCO, Washington, D.C.
MBA Letter Urges Support of HUD Priorities in Fiscal 2022 Appropriations Bill
The Mortgage Bankers Association asked the House Appropriations Committee to support key fiscal year 2022 appropriations proposed to HUD, FHA and Ginnie Mae.