High-Net-Worth Investors Poured $10.3B Into CRE Last Year
High-net-worth individuals with more than $1M in liquid assets invested more money in U.S. commercial real estate in 2016 than they have in two years.
These investors made $10.3B worth of CRE investments last year, flocking to multifamily in particular with $3.5B in investments, knocking retail, their favorite asset in 2015, out of the lead. As for other property types, 33% of high-net-worth individuals opted for industrial, while retail and office both attracted 12% of total investment READ MORE
6 U.S. Cities to Watch in 2017
When it comes to American cities, New York, Chicago, and Los Angeles dominate the market—and the conversation. Yet the Big Three continuing to grow more crowded (and more expensive) has proved advantageous to other cities across the country, which attract people with cheaper rents, space to create, and local cultural and culinary movements. And whether these “runway cities” are new to the tarmac, have been taxiing for some time, or are just about to take off, we can’t wait to visit them in 2017. READ MORE
Increased Employment, Demand Driving Development in U.S. Midwest
In an unusual shift, jobs in the Chicago area are moving where the talent is rather than the other way around: companies are relocating from the suburbs to downtown seeking to attract millennial workers and spurring the development of multifamily and office projects in the city. READ MORE
Real Capital Markets: Investors Still Sweet On Commercial Real Estate
Investors still love commercial real estate. And they love multifamily properties most of all.
That’s the takeaway from a national investment survey published this January by Real Capital Markets. The company completed the survey in November of last year, finding that 70 percent of commercial real estate investors from around the United States were in a buying mode at the end of the year. READ MORE
Mandel Group Releases Plans For Project In Milwaukee
Milwaukee-based developer Mandel Group in early December released conceptual plans for a major office development in the Walker’s Point neighborhood of Milwaukee. The project will front on the Milwaukee River.
The project could total 200,000 to 275,000 square feet when built. READ MORE
CRE Trends: Property Prices Up, CAP Rates Down Across All Five Sectors
The US economy is looking good at the moment, with the commercial real estate market and labor market remaining strong, while consumer spending and consumer confidence is up and the low interest rate environment continues to encourage CRE investments….READ MORE
Real estate valuations likely to cap REIT returns
Sales of nontraded REITs have fallen off a cliff as the brokerage industry struggles to adapt to new regulations
For years, brokers have been selling high commission, nontraded real estate investment trusts with the promise of high dividend yields of 6% and 7% annually. That eye-popping dividend rate was the key element to advisers’ successful marketing of the illiquid REITs….READ MORE
Industrial Maintains Record Absorption Growth In Q2
Industrial is one of the strongest sectors in CRE right now, beating expert projections for 2016 so far. Thanks to a few factors—including the rise of e-commerce—US industrial markets broke net absorption records in Q2 with their 25th consecutive quarter of net occupancy growth…. READ MORE
Will rising interest rates slow commercial real estate deals? Execs are worried
Commercial real estate leaders are confident in the strength of the commercial real estate market. But they’re also realistic enough to recognize that all commercial sectors will face their own challenges in the coming months.
And they’re especially worried that rising interest rates could put the brakes on what has been such steady commercial real estate activity during the last two-plus years. READ MORE
Region’s Commercial Real Estate Market Starts Year Strong
The delivery of several large products to the market during the first quarter have boosted absorption numbers and vacancy rates are remaining steady, according to the most recent southeastern Wisconsin commercial real estate data from CARW and Xceligent. READ MORE
St. Louis Commercial Real Estate Market Poised for Strong 2016
When it comes to the St. Louis area’s commercial real estate market in 2015 and 2016, “It’s a lot of blue sky.”
That’s according to Gershman Commercial’s Chris Fox, who co-chaired the SIOR (Society of Industrial and Office Realtors) Metro Market Forecast.
Fox says growth is being seen in the multi-family, commercial and industrial markets. He says much of it is being driven by outstate investors.
“It’s very geographically dispersed around the United States,” he says, “but the returns here in St. Louis are still seen as very favorable.” READ MORE
A morning crowd of industry and business professionals gathered at 1871 inside the Merchandise Mart March 8, for Illinois Real Estate Journal‘s Technology in Commercial Real Estate conference.
Tech pros discussed today’s new technologies in design, construction, management and leasing, and shared their thoughts on how tech is changing the commercial real estate market. Experts also discussed how to invest in technology start-ups. READ MORE