How Shoppers Got Their Groove Back
Despite lingering economic worries, consumer spending is trending upward, which bodes well for the sector-although not necessarily for brick-and-mortar stores
Malls Make a Comeback (Sort Of)
You won't see many new malls coming on line these days. What you will see is investors snapping up existing product for repositioning opportunities.
Attendees Expect 2012 RECon to Be the Best One Since 2007
Retail real estate professionals are starting this year’s RECon conference with a sense of optimism.
Retail Traffic
Architecture Billings Slip Back Into Negative Territory
Following five months of positive readings fueling analysts’ hopes that the long construction drought is easing, the Architecture Billings Index (ABI) fell back into negative growth mode in April, although commercial and industrial development projects across the country continued to outperform the overall index.
The April ABI score was 48.4 following a reading of 50.4 in March, according to the American Institute of Architects (AIA). The index...
National Commercial Real Estate News From CoStar Group
U.S. CMBS REOs Top $11 Billion; One-Third of All Delinquencies
The volume of real estate-owned (REO) assets for lenders reached 11 billion for the first time and now represents one-third of all delinquencies outstanding, according to Fitch Ratings.
A closer look reveals stark differences in REO trends by state. For instance, in states where non-judicial (power-of-sale) foreclosure is allowed, the inventory of REO assets increased by 64% since the start of last year.
Conversely, the inventory in judicial...
National Commercial Real Estate News From CoStar Group
Urban Invasion
Apartment developers are banking on demographic and lifestyle shifts to fill urban infill multifamily projects
Weis Markets breaks ground on what will be its first LEED-certified store
Weis Markets on announced it has begun the construction of an environmentally innovative 65,000-sq.-ft. superstore in Fogelsville, Pa.
Ukraine Property Prices Rising, But Unlikely To Keep Pace
The Ukrainian real estate rollercoaster reached new heights for year ending in April 2012, up 28.9% to nearly $ 3,000 per square meter. Experts do not expect the gains to last, however, noting the country’s turbulent property market history and the incredible 1,000% climb in prices between 2000...
Tenants Fill New Abu Dhabi Shopping Center
Related Urban is bringing a new mixed-use center to Abu Dhabi.
Retail Traffic
Eurozone Crisis Bad for Homebuyers
The Bank of England is warning mortgage holders that the increasing volatility caused by the Eurozone debt crisis will mean higher mortgage rates. The cost of lending is rising for banks and they are set to pass the cost along to 11.2 million mortgagees across the United Kingdom (UK). UK homeowners...
Let the Dealmaking Begin
It’s May, and that means one thing in the commercial real estate world: turning its attention to Las Vegas to see what happens at ICSC’s RECon show.
Retail Traffic
BOMA Announces Inaugural Class of Fellows
WASHINGTON, DC-The goal of this program is to integrate BOMA more deeply into the commercial real estate community, a BOMA spokesperson tells GlobeSt.com's Erika Morphy.
Financing Green Part I: Funding Energy Efficient Retrofits and Overcoming Uncertainty
It has become increasingly evident to those in the commercial real estate industry that improving building energy performance and making other sustainable and green improvements can impact property values and balance sheets. To some degree, building owners find themselves caught in a 'Catch 22' situation. On one hand, buildings that are slow to adopt these changes and implement green retrofits and more efficient operations are seen as being at a...
National Commercial Real Estate News From CoStar Group
Homebuyers Eye Shorter Mortgages
Prospective homebuyers have historically preferred 30-year mortgages because of the lower payments and ability they afford to “buy more house,” but incentives to commit to a 15-year mortgage are now so strong that more buyers are considering the short-term plan. Banks that have been forced...
