Economy Watch: Possible Signs of a Healthier Residential Market
New construction starts have been edging upward in recent years and months.
Trammell Crow, Principal Break Ground on Compton, Calif. Property
The project will consist of two Class A industrial logistics buildings totaling about 1 million square feet.
Economy Watch: Rates Up, Life Goes On
The Federal Open Market Committee raised the short-term rates that the Fed charges.
Midtown Manhattan Mixed-Use Trades for $10M
The 5,700-square-foot building between Third and Lexington avenues offers two vacant full-floor apartments on the top two floors and a restaurant on the two lower levels.
Economy Watch: Will Higher Interest Rates Blindside CRE? Probably Not.
“The persistent pattern of low cap rates for many real estate assets is an important factor in how higher rates will affect commercial real estate,” according to The National Association of Realtors chief economist.
Community Development, Peak Capital Acquire Suburban DC Affordable Apartments
The property consists of 159 units of affordable housing.
TruAmerica Completes Major Portfolio Acquisition With Five Pacific NW Apartments
The company, along with its investors, paid $104.7 million for the portfolio.
Economy Watch: Retail Sales See Uptick in November
Retail and food services sales turned in a modest increase in November compared with October.
Greystone Originates $27M in Loans for 11 Apartments
The loans represent one of the largest single-borrower portfolios closed using Freddie Mac’s Small Balance Loan offering.
Economy Watch: More Evidence That CRE Values Might Drop Next Year
The conventional wisdom, it seems, is fast becoming wedded to the idea that the peak is here for commercial real estate values, and 2016 will be the time for some kind of correction.