Commercial Real Estate & Business News – September 30, 2015

As summer turns to fall, a lot of exhausted multifamily investment and finance professionals around the country are wondering whether the scalding apartment sector is hitting—or at least nearing—its cyclical peak. With apartment transactions continuing to keep a torrid pace, industry analysts predict 2015 will go down as the most-active multifamily investment year ever... Read more »
As the retail real estate industry undergoes one of the most profound transformations in its 60-year history, the International Council of Shopping Centers (ICSC) presents its Envision 2020 report, a collaborative initiative that outlines where the industry will be in five years according to leaders from around the globe. The resulting Eight Statements are unanimous but differ in progress, interpretation, and execution. This initiative will allow retailers, shopping center owners, and investors to plan and innovate with the future in mind... Read more »
As of the latest tally, there were 42,554 stores on the planning board for the next year and 79,655 stores on the planning board for the next two years, the National Retailer Demand Monthly report reveals. The numbers represent year-to-date increases of 4.1 percent and 4.2 percent for the 12-month period and 24-month period respectively... Read more »
For the second consecutive month, multifamily permits came in below 500,000 units. That's after June permits hit a seasonally adjusted, annual rate of 1.343 million, which the highest level for the nation since July 2007...Read more »
Builders continue the modest rise in new home sales as reported by HUD and the Census Bureau. August new home sales, annualized and adjusted for seasonality, increased to 552,000. The August level was up 5.7% from an upwardly revised July and represents the highest level since February 2008... Read more »

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