Category: Additional Topics

Takeaways from ICSC RECon 2017

June 2, 2017

According to attendees of ICSC’s RECon 2017 show in Las Vegas, many factors are changing the retail real estate industry. Consumer behavior, boredom and lack of a unique experience are all reasons malls and retail stores are struggling across the country. Retail stores need to be highly concerned about offering their target markets a satisfying […]

San Antonio commercial property values increase by double digits

June 1, 2017

Compared to this time last year, commercial property value has increased nearly 11% across throughout the city of San Antonio according to the Bexar County Appraisal District. Commercial property in Bexar County has increased to $36.6B up from $33.1B just last year in 2016. Multifamily properties have seen value increases from $12.8B to $15.1B year-over […]

Texas Legislative Session Round-Up

May 31, 2017

The latest session of Texas legislation is coming to a close and within the contention are several proposed bills that could have a profound effect on commercial real estate if passed. One such bill concerns the state budget and the debate is whether funds would be better allocated to support under resourced social services or […]

Mall REITs Pursue Multiple Strategies in Dealing with Tenant Troubles

May 26, 2017

Although uncertainty looms over the retail sector as owners, managers, and vendors alike scramble to adapt to the shifting landscape, some retail REITS are already seeing positive results from newly formulated strategies to counter the explosive growth e-commerce has been experiencing. Philadelphia-based PREIT for example has sold underperforming assets and is reinforcing the remaining properties […]

Here’s what could happen to America’s hundreds of dead malls

May 25, 2017

Nothgate Mall, designed by John Graham Jr, defined the classic mall look. Graham’s design for the mall spread across the country and has become the standard among many large mall shopping centers. However, Northgate is now struggling to hold onto its former glory days. In the 21st century, hundreds of malls have closed their stores […]

ULI Forecast Predicts More Room To Run For CRE

May 24, 2017

A group of more than 50 ULI analysts and economists believe that the current real estate cycle will continue through 2019. Vacancy rates, and availability for all the real estate sectors are expected to continually improve in 2017 and remain flat in 2018. Commercial property rents are expected to rise through 2019, albeit at a […]

Corporate Tax Cut as Growth Elixir? Foreign Experience Suggests Caution

May 23, 2017

President Trump seeks to lower corporate tax rates to 15% from its current rate of 35% in hopes of eventually pushing U.S. long-term growth rate up to 3% from 2%. In comparison to other countries, the United States has the highest coporate tax rate within the 35-nation Organization for Economic Cooperation and Development. Other countries […]

Is The US Over Retailed?

May 22, 2017

Retail employment losses and sales statistics were highlighted this past March in almost every media outlet. The story on losses is not as bad as it seems. The retail vacancy rate for community shopping centers and neighborhoods was flat in the first quarter at 9.9 percent, the same as Q1 in 2016. According to Reis, […]

Delays On Apartment Projects Keep Vacancies Low, For Now

May 18, 2017

Construction delays for multifamily projects are helping to keep vacancies low and overall performance positive with vacancies holding at a steady 5%. In a recent analysis conducted by Axiometrics between 27%- 43.4% of multi-housing projects that were started in 2014 had reached the ground-breaking stages in 2017 for gateway cities such as New York and […]

Upscale Limited-Service Hotels Are All the Rage among Developers

May 10, 2017

Of the entire spectrum of different types of hospitality properties being developed, upscale limited- service hotels are receiving the most enthusiasm. There are 191,000 new hotel rooms under construction across the nation, most of which are in the middle to upscale segment. In the first quarter of the new year, upscale rooms being developed grew […]

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