President Obama’s announcement of the restoration of diplomatic relations between Havana and Washington opens the prospect of US real estate developers entering the Cuban market to address that country’s aging infrastructure and untapped potential. Cuba is the second-most visited Caribbean … Continue reading →
The total estimated value of Boston’s residential and commercial property market has exceeded $100 billion for the first time and now stands at $110 billion, according to The Boston Globe (citing a recent city assessment). The value of the city’s … Continue reading →
The Houston Association of Realtors (HAR) predicts that falling oil prices will contribute to a 10 to 12 percent decline in Houston area home sales activity over the next year, according to CultureMap. West Texas Intermediate, the benchmark for American … Continue reading →
Total non-farm payroll employment increased by 321,000 in November (seasonally adjusted), according to the US Bureau of Labor Statistics. The unemployment rate was unchanged at 5.8 percent. The average hourly earnings for all employees on private, non-farm payrolls increased by … Continue reading →
Cap rates for net lease banks are at their lowest point in eight years, according to research by Calkain Companies. Net lease banks cap rates are averaging 5.93 percent so far in 2014, compared with 6.08 percent during the previous … Continue reading →
The National Association of Realtors predictions for the CRE market in the coming year: Multi-family vacancy is expected to increase to 4.3 percent in Q4-2015 from 4 percent this quarter. Average apartment rents are expected to rise to rise by 4 … Continue reading →
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 →
Detroit-based Shinola intends to open a permanent location in DC’s Midcity, according to The Washington Post. Launched by Fossil founder Tom Kartsotis, the company produces watches, journals, bicycles and leather goods, among other things with a mission to return manufacturing … 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 →