Fed Expects to Keep Raising Rates, Ending Years of Stimulus
7.16.18 Commercial Real Estate, Federal Interest Rate, Federal Reserve NewsFederal Reserve officials at their meeting last month signaled they could raise interest rates over the next year to a level that no longer seeks to spur growth, formally ending the long postcrisis chapter in which the central bank rewrote its policy playbook ...
Report: Denver among US cities with the fastest declining housing affordability
7.13.18 Denver Commercial Real Estate, Denver Economy, Housing Market DenverThe Denver metro area is among the likes of the San Francisco Bay Area and Seattle when it comes to home price appreciation outpacing income growth, according to a new report from Nationwide insurance. Nationwide’s “Health of Housing Markets” report ...
U.S. Retail Vacancy Rate Jumps on Toys ‘R’ Us Store Closings
7.12.18 Retail Brokers, Retail Landlord, Retail Vacancy RateKids across the country are feeling the absence of Toys “R” Us. Retail landlords, too. The amount of occupied retail real estate in 77 major U.S. metropolitan areas dropped by 3.8 million square feet (350,000 square meters) in the second quarter, the ...
Colorado Job Growth Quickens, Surprising Economists
7.11.18 Colorado Economy, Colorado Job Growth, Colorado Unemployment RateColorado has the fifth lowest unemployment rate in the nation. May saw just 2.8 percent of the workforce without a job. Economists say that’s basically full employment, and it should make it difficult for companies to find talent. Surprisingly, that ...
Amenities alone won’t guarantee tenant retention
7.10.18 Denver Tenant Representation, Office Amenities, Office Brokers DenverAs Yogi Berra said, “The future ain’t what it used to be.” In the competition to attract tenants, commercial real estate owners constantly are reaching for what’s next in building amenities and space activation. What’s hip? What’s cool? What’s ...
Demand Rises for Furnished Rental Apartments
7.9.18 Apartment Amenities, Furnished Apartments, Multifamily InvestorsDevon Patterson’s furnished apartment in a luxury Manhattan building came with mid-20th-century furniture, champagne flutes and a cocktail mixer along with dishes, sheets, towels and cable television. Click Here to Read More – The Wall Street Journal