Office occupiers need to consider “fit-out” costs and tenant improvement allowances when selecting their office space–and both vary significantly from city to city–said JLL, Chicago.
Category: News and Trends
Ten-X: Technology Drives Industrial Vacancy Rates To Two-Decade Low
Technological shifts in the overall economy are benefiting the industrial sector and pushing vacancy rates to their lowest levels in nearly two decades, reported Ten-X, Irvine, Calif.
Prices Show Strongest Gains Since November
Commercial valuations grew by 1 percent during April, the strongest growth seen since the November presidential election, reported Ten-X, Irvine, Calif.
MBA Letter Supports Consideration of Dodd-Frank Reform Bill
The Mortgage Bankers Association sent a letter to House Financial Services committee members offering support for a bill that would make sweeping changes to provisions of the Dodd-Frank Act.
CREF Highlights
Commercial and multifamily developments and activities relevant to your business and our industry.
Economists: ‘Moderate’ CRE Growth Through 2019
The U.S. economy and commercial real estate should experience “moderate” growth through 2019, said the Urban Land Institute, Washington. D.C.
Institutional Investors Plan to Decrease CRE Commitments
Institutional investors plan to reduce their new capital commitments to real estate by 19 percent this year, reported Institutional Real Estate Inc., San Ramon, Calif. and Kingsley Associates, San Francisco.
Commercial/Multifamily Briefs
ExactBid, San Jose, Calif. integrated its Real Estate Information Management System bank appraisal management platform with appraisal software system Narrative1.
Akerman: CRE Optimism Rises
Commercial real estate lenders and investors have grown more confident since November’s presidential election, reported law firm Akerman LLP, Miami.
Marcus & Millichap: Hotel Lenders Grow More Conservative
Hotel lenders are tightening leverage and lowering loan amounts as the sector’s performance metrics slip, reported Marcus & Millichap, Calabasas, Calif.
