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How Do You Empower Women In Commercial Real Estate?
Forbes Magazine, Apr. 18, 2018--Susan TjarksenHow do we empower women in commercial real estate? How do we help elevate women, support working mothers and encourage female entrepreneurialism in this industry? Many industries face these questions, and there is no perfect answer.
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New York’s Commercial Property Market Comes Storming Back
Wall Street Journal, Apr. 16, 2018--Keiko Morris (subscription)A rise in sales of office towers, apartment buildings and warehouses after a two-year dive signals confidence in New York's real estate market. Manhattan transactions more than doubled to $8.9 billion.
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A Bubble in Commercial Real Estate May Be About to Pop
Business Insider, Apr. 17, 2018--Wolf RichterBanks are ramping up the extension of commercial real estate loans. CRE prices peaked in 2016 and are now flat-lining, which is partially due to the downturn of malls and traditional retail. Office and lodging buildings have been hit hard too.
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Bill Pushing Apartments and Condos Near Public Transit Loses Crucial Vote
San Francisco Chronicle, Apr. 17, 2018--Melody Gutierrez A California bill to limit cities' ability to block large apartment and condominium construction in residential neighborhoods near public transit lost a key legislative vote Tuesday, killing it for this year.
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News and Trends
Manhattan Office Market Activity Cools
Manhattan's office market experienced some cooling in early 2018 after several consecutive quarters of positive absorption in 2017, reported Transwestern, Houston.
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Industrial Vacancies Reaching Record Lows
Changes in technology, supply chains and consumer habits all continue to drive leasing demand for industrial properties--propelling the sector's vacancies to their lowest levels on record--reported Ten-X Commercial, Irvine, Calif.
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Apartment Sector Slows
The apartment sector stumbled during the first quarter as occupancy backtracked and rent growth continued to flatten, said RealPage, Richardson, Texas.
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Commercial/Multifamily Briefs
Commercial real estate finance industry veterans Justin Kennedy, Toby Cobb and Jonathan Roth co-founded 3650 REIT, a national commercial real estate portfolio lender.
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Challenging the ‘Myth’ of Millennial Homeownership
Despite growing evidence to the contrary, perceptions persist that Millennials are destined to be a generation of renters.
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Triple Net Lease Cap Rates Drop Again
Cap rates for triple net leased assets dropped 22 basis points in the first quarter to a new low 6.03 percent median cap rate, reported NNNet Advisors, Los Angeles.
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Long-Term Trends Boosting Data Centers
Long-term secular and structural trends in countries around the world are underpinning growth in the data center market, reported JLL, Chicago.
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