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Commercial Real Estate News

In this section we've added RSS feeds from several commercial property news sources.

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CoStar
Separate studies issued this week share the same conclusion that demand for rental apartments and other housing options will stay at elevated levels largely due to continued robust household formation and limited affordable housing options, especially for detached single-family houses. The first study was co-commissioned by the National Apartment Association (NAA), sponsor of NAA Education Conference & Exposition running this week through Friday...
W. P. Carey Inc. (NYSE: WPC), which has been sponsoring non-traded REITs since 1990, has decided to get out of that business. The internally-managed net lease REIT's board this week approved plans to exit all non-traded retail fundraising activities and plans to shift its business focus from structuring fees from REIT fundraising to generating property revenue from net lease investments. The company also said it will cease all non-traded retail...
Following through on a promise from Department of Veterans Affairs Secretary Dr. David J. Shulkin, the VA announced plans to dispose of all of its vacant buildings over the next 24 months. If it can't sell, re-use or otherwise dispose of the property, it plans to knock them down and clear the site for something else. The Secretary also announced that VA will review another 784 non-vacant but underutilized buildings to determine if they can be sold...
Robert Bach stepped down earlier this month as U.S. director of research for Newmark Knight Frank (NKF), saying he planned to take what he jokingly called an "unpaid sabbatical of indeterminate length," after more than 35 years in commercial real estate, consulting and municipal and regional planning, including more than two decades as senior vice president and chief economist for the former Grubb & Ellis Co. Bach, based in Chicago for most of...
It's no secret that Monday Properties has been gearing up to get back into the hunt for investment office properties, and the New York City based real estate investment company pulled the trigger on its first purchase in several years this, buying the Beauregard Office Park, a five-building office park in Alexandria, VA. Monday Properties, which last month completed an $888 million CMBS recapitalization of its nine-property portfolio in Rosslyn...
      
National Real Estate Investor
The suit centered on the constitutional prohibition against government taking of private property without just compensation.
Starwood Capital has upped its offer for development firm Forestar Group, reports Housing Wire. Vornado Realty Trust is a finalist to build a new FBI campus in D.C. suburbs, according to NPR. These are among today’s must reads from around the commercial real estate industry.
Regardless of how current stores will be utilized, Amazon is going to need to create new stores, and quickly.
One very common mistake many property managers make is to create budgets without taking into proper consideration the strategic goals of ownership.
Taking the changing environment into account, we took a look at the multifamily markets that offer some of the best opportunities for institutional investors.
      
Wall Street Journal
Australia’s rapid embrace of rooftop panels—now installed on one in four homes in some areas—has collided with another hot spot of investment, construction of apartments and homes.
A much-loved tax advantage in the commercial real-estate industry is on the chopping block even as chances dim for the passage of a broad federal tax overhaul this year.
Retailers, food and beverage operators and department store chains looking to renew their leases have been asking for more allowances from mall owners.
New York’s highest court on Tuesday blocked the development of a billion-dollar shopping mall on a Citi Field parking lot in Queens, affirming a ruling that the project needs legislative approval to proceed.
Food trucks and fitness centers are among the amenities that New Jersey office landlords have been using to attract tenants.The latest perk: Subsidies for digital ride-hailing services such as Uber and Lyft.
      
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