National Real Estate Investor
New Evidence Macy's Is Dragging Its Feet on Real Estate: Gadfly
While the beleaguered department store chain has talked and talked about it -- here, here and here -- all that chatter hasn't amounted to much action.
Tidal Wave of Old CMBS Loans Finally Hits Multifamily Sector
Property prices are high again?especially for apartment properties, which are priced much higher than they were at the peak of the financial crisis.
Square Feet: Merchants Wait for the Promise of Vanderbilt Avenue. And Wait.
Rents are rising in anticipation of the Pacific Park Brooklyn project, but it has been troubled by delays, financial setbacks and political wrangling.
10 Must Reads for the CRE Industry Today (August 30, 2016)
Money manager Laszlo Birinyi says the new S&P 500 real estate sector won?t benefit investors, reports MarketWatch. Forbes looks at how much space $1,500 in apartment rent would get you in major U.S. cities. These are among today?s must reads from around the commercial real estate industry.
Finding a Connection between the NBA and Apartment Rents
We chose to examine the impacts of relocating an NBA team to a metro without any other major sports teams.
Falcons Close Financing on New $1.5 Billion Football Stadium
The Atlanta Falcons have closed financing on their new $1.5 billion stadium a year earlier than executives originally projected.
Blackstone Said to Buy Alecta?s U.S. Properties for $1.8 Billion
Blackstone Group LP is in a $1.8 billion deal to buy the U.S. real estate assets of Alecta, the Swedish pension manager that is seeking to exit investments that don?t fit with its strategy, according to a person with knowledge of the transaction.
We're in a New Housing Bubble: Why it's Less Scary This Time
June marked 50 straight months of national home price appreciation, with prices up 33 percent from a 2012 bottom, says a report.
10 Must Reads for the CRE Industry Today (August 29, 2015)
Amazon's next bookstore location will be in Chicago, Mashable reports. Chinese developers have invested $19 million into Los Angeles land purchases since 2014, according to Curbed Los Angeles. These are among today's must reads from around the commercial real estate industry.
EPA?s Energy Star Program Now Helps Commercial Building Owners Track Waste
Commercial building owners and managers have been using Portfolio Manager to track energy for some time.
Commercial Price Indices Post Increases After a Shaky First Half of the Year
The Moody?s/RCA all-property composite index moved up by 2.6 percent, with price increases in every major sector. The CoStar composite index is up as well.
10 Must Reads for the CRE Industry Today (August 26, 2015)
Portfolio managers have increased active REIT allocations by 80 basis points over the past year, according to Barron's. The NAHB's recent multifamily index shows builder sentiment about the multifamily market dropped, World Property Journal reports. These are among today's must reads from around the commercial real estate industry.
Tech Job Growth to Plateau, Likely Slowing Office Expansion
Giddy leasing brokers have been loath to point that growth was going anywhere but up for the tech sector?until now.
Five Factors Driving Industrial Sector Growth
We look at the main trends driving industrial real estate?s strong performance in 2016.
J.C. Penney Aims to Be King of the Mall as Macy?s, Sears Retreat
It could be the last department store standing at your local mall.
10 Must Reads for the CRE Industry Today (August 25, 2015)
The commercial real estate sector in the U.S. is benefiting from Brexit, according to EconoTimes. The Dallas Federal Reserve President indicated the chances of an upcoming interest rate hike are increasing, reports CNBC. These are among today?s must reads from around the commercial real estate industry.
At Fancy Hostels, Business Travelers Are Replacing Backpackers
While every hotel brand under the sun makes moves to attract millennials, hostels are doing the very opposite.
Sears to Borrow $300 Million From Lampert as Losses Mount
Eddie Lampert, the hedge fund manager who runs Sears Holdings Corp., is once again lining up financing for a retailer that has lost more than $9 billion in recent years.
Retail Landlords Find Ways to Cope with Leaner Brick-and-Mortar Footprints
Many retailers have already adopted multi-channel sales models. The ongoing question is how landlords will reuse the space when anchor stores like Macy?s leave.
2016 Could Signal a Cyclical Peak in Commercial Construction
Private non-residential construction increased 7.0 percent year-over-year.
10 Must Reads for the CRE Industry Today (August 24, 2016)
MarketWatch asks if we are entering a restaurant recession. Shoe retailer DSW will add 21 more stores to its 482-store roster, according to Chain Store Age. These are among today's must reads from around the commercial real estate industry.
Banks Slow Multifamily Lending Even as GSEs Step on the Gas
U.S. banks have continued to pull back on multifamily lending. The amount of such loans on their books has decreased for each of the last three weeks.
Drop in 10-year Treasury Gives Real Estate Pricing a Lift
Price appreciation got an unexpected second wind this summer. The Moody?s/RCA CPPI surged ahead 2.6 percent in June.
New York?s MTA Plans $1 Billion Bond Sale Backed by Hudson Yards
The Metropolitan Transportation Authority, the largest mass-transit provider in the U.S., plans to raise $1.06 billion in September through its first sale of bonds backed by the Hudson Yards development in Manhattan.
Japan Prizes U.S. Property Again With Bets on Mortgages: Gadfly
Take a look at yields on U.S. agency-backed mortgage securities. These rates are near the lowest since 2007 relative to similar-maturity Treasuries. This appears to be driven in part by Japan.
Value-Add Projects Remain an Attractive Option for Multifamily Developers
The percentage of apartments that were vacant at class-B and class-C communities fell to an average of 2.7 percent in the second quarter.
10 Must Reads for the CRE Industry Today (August 23, 2016)
JPMorgan Chase resolves its lawsuit over $6 billion in bad mortgage-backed securities, reports The Street. CNBC notes that traffic at outlet centers has picked up in July. These are among today?s must reads from around the commercial real estate industry.
The 10 Best And Worst States For A Rich Family Life
Some states make it easier for families to have it all, while others are more challenging. But which ones?
So What If New York Is Pricey? That Helps the U.S.: Conor Sen
The tens of thousands of people who leave New York and California every year act as sources of new demand in the places to which they move, like Florida, Texas and Colorado.
New York REIT to Be Liquidated After Company Sells Assets
New York REIT Inc. said the company is planning its liquidation, the culmination of a strategic review pushed by shareholders to boost value.