More than half the corporate executives surveyed favor talent availability over real estate cost as their top strategic consideration when making real estate location decisions, reported CBRE Group, Los Angeles.
Category: News and Trends
Ten-X: Property Values Decline for First Time Since 2010
Commercial valuations decreased 26 basis points in February, led by office price drops, said Ten-X, Irvine, Calif.
Changing Perceptions of the ‘American Dream’
Homeownership: the American Dream. A vision created in the post-World War II boom, when returning military from the “Greatest Generation” began populating Levittowns and suburbs all over the country.
Federal Reserve: CRE Activity Improves Slightly
Commercial and multifamily real estate activity generally improved since early January, the Federal Reserve reported yesterday in its Beige Book.
MBA Hires Lynch as Vice President of Strategic Member Relations
The Mortgage Bankers Association appointed Lionel Lynch as Vice President of Strategic Member Relations.
Briefs: DebtX, Red Mortgage Capital
DebtX, Boston, launched a new credit-rating system for commercial real estate whole loans to enable financial institutions to make better risk and pricing decisions.
MBA Research Examines Issues Shaping Lending
New Mortgage Bankers Association research examines key commercial and multifamily mortgage financing sources and the issues that will shape lending.
MBA Outlines Principles for Restoring Balance in Housing System
WASHINGTON–For all the debate about the future of Fannie Mae and Freddie Mac, one aspect appears to be a consensus view: the current system cannot sustain itself.
New York Sets Dollar Volume, Price Records
New York City set another record last year with aggregate sales totaling $74.5 billion, exceeding 2007’s $62 billion prior peak, reported Cushman & Wakefield, New York.
Briefs: Brookfield-Rouse; MetLife-MassMutual
Brookfield Asset Management, New York, agreed to acquire real estate investment trust Rouse Properties, New York, for $18.25 per share in an all-cash transaction valued at $2.8 billion.