According to a paper by Lisa Dettling and Melissa Kearney of the University of Maryland, short-term increases in MSA-level house prices lead to a decline in births among non-homeowners and a net increase among owners. A person suffering from impotence … Continue reading →
Since 2010, Canadian investors have purchased 1,530 commercial properties in the United States totaling $43.4 billion – four times as much as China. Canadians invested over $8 billion in the US CRE market during the first three quarters of 2014 … Continue reading →
As part of a plan to cut costs by $1 billion, Illinois-based Walgreen Co. recently gutted its real estate department and let go about 16 in-house real estate managers,
Continue reading →Commercial real estate sales totaled $97.5 billion in Q3-2014, up by 11.6 percent year-on-year, according to GlobeSt.com (citing research from Auction.com). The risk premium (Risk Adjusted Yield – Treasury Rate = Risk Premium) for most sectors remained flat save for … Continue reading →
Effective around mid-2016, real estate will have its own sector designation on the S&P, according to an announcement by S&P Dow Jones Indices and MSCI. The new real estate sector, along with the As a result when these blood vessels … Continue reading →
In an effort to raise cash to offset recent losses, Sears is considering selling 200 to 300 stores to a REIT in a sale-leaseback transaction, according to The New York Times. The REIT could eventually own most of the company’s … Continue reading →
The revenue for the big four self-storage REITs increased from 5.5 percent in Q3-2013 to 7.7 percent in Q3-2014, according to Chicago-based MJ Partners. During the same time frame, net operating income increased from 7.3 percent to 10.8 percent. Occupancy … Continue reading →
One World Trade Center opened for business today. Employees of Conde Nast – the first tenant to take possession – arrived today to occupy the 24 floors that the company leased for 25 years at a cost of about $2 … Continue reading →
Speaking recently at the Mortgage Bankers Association conference in Las Vegas, Timothy J. Mayopoulos, President and CEO of Fannie Mae announced the GSE will again be offering a 97 percent LTV product to all of their customers. price of cialis … Continue reading →
Kentucky, which produces 95 percent of the world’s bourbon, is experiencing an unprecedented boom in its bourbon industry. Distilling contributes $3 billion in gross state product to Kentucky’s economy each year – a 67 percent increase from the $1.8 billion … Continue reading →