Foreign investment in U.S. properties is accelerating, and despite the complexities and challenges of owning retail real estate, international money is eyeing this sector. But these investors aren’t making the leap into retail real estate alone; most are partnering with U.S. firms....More
Today’s high net worth investors are hungry for real estate properties, and they have a clear preference for properties in North America, reveals a survey produced by real estate services firm Savills and strategic advisory firm Weatherill Consulting....More
With 10,000 baby boomers turning 65 every day, the seniors housing sector is hot. NREI spoke with Josh Rosen, senior vice president and team leader at Capital One, based in Chicago, about the state of the seniors housing industry today....More
Lenders have been hungry to do real estate deals this year. But some industry observers question whether their appetites may diminish later in 2015 as they near their target capital allocations....More
Surprise! The U.S. Department of Commerce (DOC) has issued a new reporting requirement (BE-10) for individuals, trusts, estates and small businesses with certain foreign assets, and it’s due June 30....More
To make it easier to calculate what total office occupancy costs are in the world’s major office markets, CBRE has just published its semi-annual Global Prime Office Occupancy Costs survey, and here we take a look at the most expensive cities in the United States.
Strong demand for office space is pushing up rents at class-A buildings in all the major U.S. cities, and times have become more challenging for tenants, though they still hold the power in many parts of the country....More
With California facing one of the state’s most severe droughts on record, a State of Emergency was declared last January by Governor Jerry Brown. How much of an impact are the water restrictions having on commercial property operation and management?...More
Rents in Manhattan’s famous shopping districts are among the priciest in the world—so pricey, in fact, that many retailers and restaurants have been forced to abandon them in favor of less expensive locales....More
The first quarter was marked by weak economic activity, largely attributable to a confluence of temporary factors, such as port labor disputes on the West Coast, inclement weather, a rising dollar crimping exports and low energy prices resulting in depressed business investment....More
Taxing jurisdictions have struggled to properly value big-box retail buildings for many years, and the potential for improperly assessing the real estate value of these buildings remains high. Yet the ongoing dance between big-box owners and assessors provide useful insights for property owners in other commercial property types, particularly industrial....More
Banks have traditionally been the go-to source for construction loans. But they may lose some of that edge in an increasingly competitive marketplace that is filling up with non-bank lenders, as well as a tougher regulatory environment....More
With Colliers International releasing its first quarter report on the North American industrial marketplace, we spoke with the firm’s National Director of the U.S. Industrial Group Dwight Hotchkiss to find out his recommendations.
Just because you’re bringing in revenue doesn’t mean your commercial property is profitable. Particularly in properties with small spaces and multiple tenants, it’s easy to chip away at profitability in the minutia of managing the leasing process....More
Juwai.com, a Chinese international property portal, and Auction.com, a U.S.-based online real estate marketplace, formed a partnership last month to bring American commercial real estate auctions to investors from China....More
Developers planning new apartment buildings today won’t finish for two years or more in many parts of the country—hundreds of thousands of apartments now under construction have already softened the national multifamily markets. But many developers are now planning new projects anyway....More
With this bull market in commercial real estate now five years old (six for public real estate securities), isn’t it time to be cautious? The bull market’s duration does not, by itself, indicate how long it may last....More
As major global tech companies like Google and Facebook gobble up office buildings and plan new construction, Twitter is bucking the trend by continuing to lease office space, albeit in the coolest new buildings around.