Q1 GDP, CRE Outlook & Foreclosures | Economic Update

Q1 GDP, CRE Outlook & Foreclosures | Economic Update

Data shows CRE foreclosure filings rose by 117% year-over-year through March 2024, with roughly 625 CRE foreclosures in just the past month. First quarter GDP fell short of most estimates. CRE Prices fell 3.0% year-over-year through March and just 0.2% from February....
Zoning Ordinances Impact on Commercial Real Estate Deals

Zoning Ordinances Impact on Commercial Real Estate Deals

Knowing more about this often-complex subject can expand opportunities.   Can a developer put a luxury apartment building squarely in the middle of a busy manufacturing  sector? The short answer: probably not. Zoning ordinances play a pivotal role in shaping the...
Office Activity, Blackstone Investments | Economic Update

Office Activity, Blackstone Investments | Economic Update

Blackstone has been reported to have purchased Apartment Income REIT (AIR Communities) for upwards of $10 billion, putting them on the Investment “Offensive.” Office activity implications show the sector may have hit its floor. Read more in the economic...