In Friday’s commercial real estate news – we’ll give you a look at the price surges for homes, the effect that the Trade Balancing Act could have on commercial real estate, and so much more.
Sales of new U.S. homes fell for a third straight month and supply swelled to the highest since 2009, suggesting that surging prices are increasingly deterring buyers, according to government data released Friday.
Cohen discusses his firm’s emphasis on “older-than-brand-new assets,” its keen interest in workforce housing and its insistence on steering clear of the South Florida market.
Catch up on the 10 must reads for the CRE industry!
Howard Schultz reportedly told Starbucks employees that the retail sector was reaching a point where landlords of even prime centers would need to lower rents.