Robert Carr

Millennials: Not as Different as You Think
Everything you’ve been told about the millennial generation and their desires for futuristic office design isn’t true, according to a recent CBRE study.
Suburbs Still Appeal to Some Office Tenants
Suburban office markets have lately received a bad rap, but some supporters say that outside markets are now the places to find the best deals and locate new satellite offices.
Law Firms Cut Back on Existing Space as They Lag Professional Services in Recovery 1
U.S. law firms are just not following the recovery trend experienced by the rest of the professional services industry, and are giving up occupancy in many major markets.
Pilot Tech Programs Provide Better Senior Care
Large technology firms are launching pilot programs with select seniors housing developers and care managers to increase the use of remote, non-intrusive health monitoring in both single-family homes and large facilities.
Seniors Housing Occupancy Rate Cracks 90% in Q3
Seniors housing finally cracked the 90 percent occupied mark in the third quarter 2014, and record-high acquisition numbers just continue to grow, according to reports from the industry.
Foreign Investors Chase Yield, Safety in U.S. Office Sector
Foreign buyers increased their investment in the U.S. commercial real estate markets in the first half of 2014, pouring in $85.4 billion in property purchases here compared to $76.7 billion in the first half of 2013.
Global CRE Firms Embrace Sustainability Data Tracking
The amount of sustainability data collection at many large global property firms has quadrupled. According to the recently released 2014 GRESB survey, almost 80 percent of the participant firms measure energy use. The survey participants also reported that both carbon emissions and water consumption are down at the firms.
Seaports to Compete for Business from Panama Canal Expansion
Though the completion of the Panama Canal expansion has been delayed again until mid-2016, East Coast seaports, expected to benefit the most from the $5.2 project, have begun to win over more shipping traffic from the West Coast.
Fulfillment Centers Dominate Industrial Market 
Retailers are trying to keep up with each other by “omnichanneling”—setting up various points of purchase, both online and in stores—for their consumers. Manufacturers are working to shorten supply chains. Feeding this distribution beast requires new buildings in large population areas—smart centers that serve as the straight-to-consumer location rather than as a hub of multiple stopping points.
Urban Locations Are Most Desirable for New HQs 
Developers are trying two distinct approaches to attracting new office tenants in a market that is rapidly seeing cheap, big-block space dry up: the tried-and-true new class-A headquarters building and repositioning a dated property.
EB-5 Funding Boosts Seniors Capital Stacks 
Despite getting a "black eye" in the press this summer for its perceived lack of supervision, the U.S. Immigrant Investor Program, more commonly known as EB-5, has become an increasingly popular way to boost investment in seniors housing development.
Freddie Mac’s New Tax-Exempt Loan Benefits Seniors Housing 
A new Freddie Mac loan program for affordable multifamily redevelopment this month received its first test trial with a seniors housing property. The Direct Purchase of Tax-Exempt Loans initiative is designed as a speedier way to finance affordable family properties.
Southeast to See $2B in New MOB Construction over a Two-Year Period 
There’s more than $2 billion in new health care projects set for completion in the Southeast in the next two years, according to data provided by Revista, an Annapolis, Md.-based health care consulting firm. Atlanta and Miami will receive the bulk of the new construction.
Industrial Sales Volume Hits $23B at Mid-Year 
Investor spending on U.S. industrial properties rose more than 50 percent since mid-year 2012, with buying competition so frenzied many of the new purchases this year have been in secondary markets.
Warehouse Rents Stay Low Despite High Demand for Space  1
Rents in the significantly improved warehouse/distribution sector have somehow not gone up along with rising demand for space.
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