Improving property fundamentals across the board are brightening the outlook for REITs going into this year. The overall U.S. economy continued its steady but slow recovery and interest rates remained low. Investors have latched onto concern over a potential rate increase as the strengthening economy and improved job creation. The Federal Reserve strategy is allowing […]
On a roll U.S. office market demand expected to stay strong through 2016
According to CoStar Portfolio Strategy analysts recapping the office market’s past year performance, demand for office space is expected to remain at post-recession highs for the next two years. With vacancies falling and rents rising in growing numbers of submarkets and slices within the U.S. office sector. Over the next two years, CoStar expects annual […]
20 simple rules for success in commercial real estate market
Here are the list of 20 life lessons from commercial expert that we agree with: 1. Be passionate. 2. Your partner(s) must have a similar work ethic. 3. Rules apply to everyone equally. 4. Have a long-term perspective. 5. Know what business you are actually in. 6. Have a game plan. 7. Be special. 8. […]
Key Economic Drivers to Keep Fueling Real Estate Demand.
On a recent real estate symposium experts said that technology, biotech, defense, and tourism and various combinations of all four are expected to have a continued strong impact on the local real estate demand. San Diego is well positioned by its key economic drivers to capitalize on a U.S. economy that remains relatively stable compared […]
Taking a deeper look at office layouts and how they affect productivity.
Ware Malcomb shared its future office space concept at Development 2014 envision work zones named Focus, Collaborative, Team and Quiet. He organized the two-story concept into four different zones that support the work. (1) Focus, for undisturbed work that requires concentration; (2) Collaborative, for informal/formal interaction; (3) Team, for groups that work together each day; […]
CRE lending, asset quality soaring at U.S. banks
In the past for quarters the amount of commercial real estate loans on U.S. bank books has swelled by more than $100 billion, according to the latest FDIC numbers released this past week. Construction/development and multifamily lending remain fastest growing categories, increasing 14.5% and 11.9% which are now totaling $289 billion and $230 billion. When […]
SDSU Begins Work on $143 Million Mixed-Use Project.
On Nov. 19th San Diego State University held the public ceremony to mark the start of the construction, near the intersection of Campanile Drive and Hardy Avenue in San Diego. The project was estimated to be $143 million mixed-use student housing and retail project slated for completion in fall 2016. The officials said South Campus […]
County Construction Contracts Up 30 Percent in First 9 Months
According to the latest data from McGraw Hill Construction, San Diego County’s contract for future construction rose 30 percent in value for the first nine months of 2014 compared with the same year-ago period. From January – September period California as a whole saw overall project volume dip 4 percent approximately $37.4 billion. Also, residential […]
Seeing Similarities to 2007, CRE Industry Debates Whether We’re Early or Late in Current Upcycle
Investors, brokers and analysts across the country are weighing in a debates whether we are in the CRE market cycle where there are still opportunities for finding yields on real estate investment at this time. Almost every discussion involved with the current market peak that resemble with the previous, just before it all collapsed after […]
Seven Non-Traded REITs Exploring Sales or Mergers
Deloitte & Touche reported in a recent webinar that non-traded REITs compromise a growing part of the real estate market, both in terms of total real estate assets and sources of equity fundraising. The opportunity for non-traded REITs is lying on the rebound in commercial real estate markets significant money flowing into the sector. Moreover, […]