Posts Tagged ‘real estate’

Can today’s buildings support tomorrow’s work environment?

There is a coming crisis in many markets: the changing occupier needs can no longer be adequately supported by the majority of the already-built inventory. A review of the class A office buildings across the central business districts of Boston, New York, Washington DC, Chicago, Los Angeles and San Francisco reveals that over 53% of […]

What’s the value in that?

The sluggish recovery lingers, and the new standard for most commercial real estate investments is lower returns.  Still, compared to stocks, bonds or cash, commercial real estate remains an attractive investment. RERC’s latest survey reports that ,on a scale of 1 to 10 (with 10 being the highest), commercial real estate scored a 6.7, the […]

Election Implications

By Eric Berkman and Andrew Asbill Capital Markets, Washington, D.C. The champagne at election-night celebrations had barely lost its fizz when Senator-elect Tim Kaine of Virginia gave a sobering warning about the fierce financial hangover that is looming. Talking to Matt Lauer on NBC’s Today Show, Kaine reminded us that the fiscal cliff will still […]

U.S. Industrial Sector Outlook

Can a silver lining be found within the sputtering U.S. economy?  After showing tepid positive momentum, growing at an annual rate of 2.5% in the second half of 2011 and 1.9% in the first quarter, the U.S. economy has waned.  Now added to the uncertainty of the European debt crisis and anemic U.S. job growth […]

Federal Asset Disposition Takes Center Stage

On Thursday morning, the Senate Homeland Security and Government Affairs Committee considered a bill that would streamline the disposition of underutilized or excess Federal Real Property. The Federal Real Property Assert Management Reform Act (S. 2178), which Senator Tom Carper (D-DE) introduced, if enacted, would remove many of the administrative requirements that make the disposition […]

Greece is the Word

Forget Spain for now, events in Greece over the next few days will be setting the tone for Europe for better or for worse. Greek voters go back to the polls on Sunday and clearly face a tough choice, caught between a rock and a hard place.  Surveys have suggested growing support for pro-bailout parties […]

Risks crank up as voters hit back in Europe

Hopes that the Eurozone debt crisis was on its way to being resolved have clearly been hit by recent election results and this continues to test the nerves of the property market, with the opening quarter seeing a fall in leasing and investment activity that was far from limited to just the most indebted markets […]

U.S. Office Leasing: To CBD or not to CBD?

21st October 2010 While leasing has improved nationally from third quarter, 2009 to the present, there are differences in the pace of improvement between and within markets and certainly between CBDs (Central Business Districts) and Non CBDs (suburban markets). In the CBDs leasing is up 31.6% year over year while in the suburbs it is […]

The (Re)Financing Gap

Over the next several years the US commercial real estate market will confront approximately $1.4 trillion in de-levering loans.  Many of these were issued in “peak value”, “peak LTV” years of 2005-2007 (5-7 year loan maturities will come due in 2010-2014, and 10 year loans will come due in 2015-2017). While de-levering can be a […]

Association of Foreign Investors in Real Estate meeting 9/20-21 “Catching the Next Wave”

At AFIRE’s annual membership meeting in Chicago the atmosphere was upbeat, with most all presenters (even Sam Zell) bullish on real estate, but keeping an eye on the deficit, the pace of job growth and de-levering challenges.  Investors were generous with praise for the US Fed for keeping rates low enough to carry properties through […]