Nick Miner, CCIM

U.S. Retail Construction Levels Remain Well Below Pre-Recession Levels With the continued barrage of retail bankruptcies, stores closures, repositionings and rightsizings of store fleets-and the fact that many experts say the U.S. is over-retailed-it probably comes as no surprise that retail … [Read more...] about Commercial Real Estate & Business News October 18, 2019

5 Forces Directing CRE Capital Flows These are interesting times for the real estate capital markets. Despite the growing wall of money dedicated to property investments and the decreased cost of borrowing, transactions have slowed down. A panel of experts at the New York University Schack … [Read more...] about Commercial Real Estate & Business News October 17, 2019

Few Economists See Downturn Despite Waning Growth Outlook Despite slowly waning GDP and employment growth, and frequent financial market volatility stemming from slowing global growth and the "As the World Turns" trade negotiations between the U.S. and China, most economists at last week's National … [Read more...] about Commercial Real Estate & Business News October 16, 2019

Reis: Vacancy Rate Unchanged at 4.7% in Q3 2019 The national apartment vacancy rate was 4.7% in the third quarter of 2019, unchanged from the last quarter and flat year over year from Q3 2018, according to the Reis Q3 Preliminary Trends report. Overall, vacancy has shifted 0.3% in the last two … [Read more...] about Commercial Real Estate & Business News October 15, 2019

Arizona Burnishes National Tech Cachet As Global Hotel Chain Expands Business Hospitality chain Choice Hotels International plans to almost double the presence of its technology division in greater Phoenix, becoming the latest tech operation to expand in the biggest city in a state that's a national … [Read more...] about Commercial Real Estate & Business News October 11, 2019

Rent Control and the Importance of a Free Market The issue of rent control is a sensitive one. It's hard to make a stand for the importance of a free market undefined by governmental intrusion without sounding like a greedy landlord. But there is a place in that market for fair accommodation of … [Read more...] about Commercial Real Estate & Business News October 10, 2019