Apartment Outlook 2020: Riding the Zenith Carl Dranoff is like the M. Night Shyamalan of multifamily real estate development. Rooted in Philadelphia since receiving his MBA from Harvard in 1972, Dranoff has succeeded through multiple economic cycles by adopting a maverick mentality and a … [Read more...] about Commercial Real Estate & Business News January 22, 2020
Commercial Real Estate & Business News January 21, 2020
Five Major Points in MSCI'S 2020 Emerging Trends in Real Estate Report MSCI, an American finance company, released its 2020 Emerging Real Estate Trends report today. The main themes of the report revolve around the improvement of data in the real estate investment space, and how this is playing a … [Read more...] about Commercial Real Estate & Business News January 21, 2020
Commercial Real Estate & Business News January 16, 2020
CMBS Delinquencies to Stay Low in 2020-With One Exception All signs point to CMBS delinquencies staying at their current low level in the year ahead. The 30+ day delinquency metric had reached a new post-crisis low in December, at 1.45 percent, according to Fitch Ratings-below the last cycle … [Read more...] about Commercial Real Estate & Business News January 16, 2020
Commercial Real Estate & Business News January 15, 2020
Trader Joe's No Longer the Top-ranked US Grocer; Sprouts Slips in Latest Study A new ranking of the top grocery stores in the U.S. shows how competitive the supermarket business has become and how chains that constantly innovate are able to win over consumers. National data science firm … [Read more...] about Commercial Real Estate & Business News January 15, 2020
Commercial Real Estate & Business News January 14, 2020
Joint Venture Pays $60 Million for Tempe Mixed-Use Center A joint venture of Wexford Developments and Argosy Real Estate Partners bought the Centerpoint on Mill, a mixed-use center in downtown Tempe, Arizona, for $60 million. An AMC move theater anchors Centerpoint on Mill, which has five … [Read more...] about Commercial Real Estate & Business News January 14, 2020
Commercial Real Estate & Business News January 13, 2020
Retiring Baby Boomers Could Reshape Real Estate As the heart of the baby boomer generation begins to hit retirement age, what boomers will do instead of work has the potential to transform multiple sectors of the real estate industry. About half of all baby boomers have hit the age of 65, and … [Read more...] about Commercial Real Estate & Business News January 13, 2020