Commercial Real Estate & Business News – May 24, 2017

The retail real estate industry is undergoing a permanent change, driven by a shift in consumer preferences and the excessive amount of retail space per person in the U.S., according to the attendees of ICSC's RECon 2017 show in Las Vegas. ...»
The peak of the multifamily market may be here, according to Fitch Rating's quarterly update of the asset class. We have heard this before, of course. One reason to pay particular attention now though...»
Industry leaders gathered this week at the annual RECon conference in Las Vegas cautioned against judging all retail properties by the gloom and doom generated by a rash of store closures and retailer bankruptcies that have dominated the headlines in recent months. ...»
Prospects for the CRE market moving ahead at a more robust pace are higher than what was expected six months ago, according to the latest NAIOP Sentiment Index conducted earlier this spring. ...»
As the online segment continues to grow, brick-and-mortar stores who are succeeding today are shifting their focus to make the transition between online and offline shopping convenient...»

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