Category: News and Trends

Small-cap commercial real estate leasing velocity slowed “considerably” during the third quarter as rent growth accelerated, reported Boxwood Means, Stamford, Conn.

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“Downstream” energy markets such as Pittsburgh and Denver are primed for growth even as extraction-heavy markets struggle, reported JLL, Chicago.

CBRE Group, Los Angeles, completed its previously announced acquisition of Heery International Inc., Atlanta, the project management and design engineering business of Balfour Beatty LLC.

The retail sector’s long-term forecast has reached a “low-water mark” for the current cycle, said Ten-X, Irvine, Calif.

Commercial property market supply and demand fundamentals remained relatively stable in the second quarter, reported Moody’s Investors Service, New York.

The House, by voice vote Tuesday, passed H.R. 2148, the Clarifying Commercial Real Estate Loans Act, which had strong support from the Mortgage Bankers Association.

Commercial real estate lending markets fell in the third quarter amid rising equity prices, limited volatility and tightening spreads, reported CBRE, Los Angeles.

The Mortgage Bankers Association, in a letter to the House Ways and Means Committee, expressed concerns that key provisions of tax reform legislation could substantially affect the ability of homeowners and the overall economy to benefit.

The retail sector’s long-term forecast has reached a “low-water mark” for the current cycle, said Ten-X, Irvine, Calif.