News

Ecommerce will continue to shape the retail market for years. Currently, 12.4 % of total retail sales come from ecommerce, but that number is expected to grow significantly in the next five years. By 2025, ecommerce will account for 25% of total retail sales. As it does, ecommerce will shape the retail market. “Consumers want
0 Comments
Jeff Allen In September, The US Department of the Treasury released a plan to reform the housing finance system. The Treasury Housing Reform Plan consisted of a series of recommended legislative and administrative reforms, including nearly 50 actions to define a limited role for the Federal Government in the housing finance system, enhance taxpayer protections
0 Comments
Photo by Shutterstock DALLAS—Sealy & Co., has acquired a 19-building, 1.6 million square foot light industrial portfolio in here for an undisclosed amount. The acquisition, which is the largest in company history and rounds out Sealy’s investment activity for the year, comes just a week after the company’s $908 million dollar milestone disposition, which represented
0 Comments
Photo by Shutterstock DALLAS—Lincoln Property Company’s residential division and co-sponsor Cadillac Fairview have closed on a US multifamily fund. With $800 million in equity commitments from Lincoln Residential, Cadillac Fairview and the Investment Management Corporation of Ontario (IMCO), the fund will focus on the development and acquisition of multifamily assets in top US markets. To
0 Comments
Successful leaders throughout all industries often share similar qualities, such as ambition, people skills and financial prowess. There are countless aspects of leadership within business of which to define a great boss, whether it be through specific management styles, communication methods or ability to adapt to change. Outstanding leaders are often self-aware, respectful individuals with
0 Comments
Photo by Shutterstock. CHICAGO—While many real estate investors are treading carefully when it comes to the banking industry, banks remain a solid option for credit driven investors, according to Chad Firsel, founder of the Chicago-based Quantum Real Estate Advisors. With cap average cap rates falling between 5.6% to 6.9%, depending on term, location, credit, etc.,
0 Comments
A realtor, right, walks with potential home buyers as they tour the property of a home for sale in Sparland, Illinois. Daniel Acker | Bloomberg | Getty Images The number of homes for sale at the end of November was the lowest on record for the month, according to the National Association of Realtors, which
0 Comments
Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images There was no meaningful move in mortgage rates last week, so there was no particular reason for consumers to make a move. Total mortgage application volume fell 5% from the previous week, according
0 Comments
Construction workers build an apartment complex in Lawrence, Kan., Wednesday, May 16, 2012. U.S. builders started work on more homes and apartments last month and requested more permits to build single-family homes. The increases suggest the battered housing market is healing. The Commerce Department said Wednesday that builders broke ground in April at a seasonally
0 Comments
Photo by Shutterstock CHATTANOOGA, TN—Hutton, a locally-based commercial real estate, development and investment company, has closed on the sale of a single tenant retail portfolio for $34.4 million. The portfolio consists of 19 properties in 13 states net leased to national tenants. The company will use the proceeds to expand its multifamily and self-storage development
0 Comments
Photo by Shutterstock New York, NY—With the shift towards buying an experience over buying a product or service, customer loyalty is no longer guaranteed. As a result, companies have moved to offering not only stellar customer service but also hospitality-centric experiences. Commercial real estate is no different. Today, successful building owners and landlords understand that
0 Comments
Entertainment and experience has become the cornerstone of retail survival in the wake of increasing online shopping. Now, top brands are starting to incorporate entertainment experiences into select markets to bush the boundaries of the traditional retail structure. “Retail is continuing to evolve,” Carlos Lopez, EVP at Hanley Investment Group, tells GlobeSt.com. “In some markets,
0 Comments
Freddie Mac headquarters MCLEAN, VA—Freddie Mac Multifamily has brought to market its first multifamily real estate securitization with bonds indexed to SOFR, or the Secured Overnight Financing Rate, which is widely expected to be the substitute benchmark for Libor. It joins Fannie Mae in its efforts to move multifamily finance to a SOFR-based environment, even
0 Comments
Manhattan, NYC. NEW YORK CITY – Predictive analytics has become as necessary as a cup of coffee in the morning for CRE professionals, Neelika Choudhury, senior vice president of product strategy at Ten-X Commercial, a commercial real estate technology firm, tells GlobeSt.com. “Users were demanding predictive analytics with the exiting offerings,” she said. The firm
0 Comments
The retail real estate industry has undeniably witnessed significant changes and a constant transformation within the past several years. As one of the hardest-hit sectors in the commercial property field, due to economic headwinds and the industry’s natural evolution, retail real estate has recently experienced a healthy resurgence. Considering the recurrent retail closures in the
0 Comments
Current lender activity within commercial real estate remains robust among life insurers, banks, GSEs and alternative providers such as REITS and debt funds. As 2018 represented a record year for borrowing and lending, The Mortgage Bankers Association reported that the momentum continued into the first quarter of 2019. Nearly every property type experienced increased volumes
0 Comments
A man enters a Bank of America branch in New York. Scott Mlyn | CNBC By now, you would think just about everyone had refinanced their mortgage to today’s historically low interest rates, but apparently not. Refinance volume drove total mortgage application activity 3.8% higher last week compared with the previous week, according to the
0 Comments
Fashion District mall in Philadelphia Diana Olick | CNBC Millennials may have fled the malls, but brick-and-mortar retail is apparently more appealing to Generation Z. People born between 1997 and 2010, particularly the teens in that group, are becoming big spenders, and they like to do a lot of that spending in actual stores, according
0 Comments