Good afternoon! Here are 4 articles on commercial real estate to take with you into the weekend.
A slideshow collection of 2016’s most sparkling new hotel projects.
Financial markets predict a 15% collapse in the value of London’s commercial real estate following Brexit. Scott Crowe, Chief Investment Strategist at CenterSquare, disagrees with the extent of the estimate. “…we think [15%] is unrealistic. We think rent is probably going to fall 5-10%, but mitigating that is two things,” he said.
The analysis roll-out of Trump’s real estate policies continues. In this one, the author argues that like-kind exchanges will likely continue, as Trump has probably used them himself in the past. On the reverse, his harsh anti-foreign rhetoric may discourage overseas investors.
Another list of predictions around what Donald Trump’s presidency will mean for commercial real estate. Forecasts include a rising trade deficit, more popular community colleges, a shuddering stock market, and a lower cost of building real estate thanks to deregulation.