Commercial Real Estate News for Friday, March 23

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. 

New-Home Sales in U.S. Cool for Third Month as Prices Surge

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.

Hudson Capital’s Robert Cohen Discusses the Appeal of Workforce Housing to HNW Investors

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.

10 Must Reads for the CRE Industry Today (March 23, 2018)

Catch up on the 10 must reads for the CRE industry!

JLL Economist Walter Kemmsies shares his views on how the tariffs could impact the U.S. economy and commercial real estate.

The Starbucks View of Retail Real Estate

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.

 

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