Commercial Real Estate News for Friday, November 18

Find out what’s happening in commercial real estate today with these 4 articles.

Britain’s Nationwide to Close Commercial Real Estate Lending Business

The Brexit has claimed another victim in the form of  Britain’s Nationwide Building Society’s Commercial Real Estate business. The CRE business accounted for about 1% of its assets. “Since the EU referendum expectations for commercial property values have moderated and most forecasts are predicting modest falls,” Nationwide said.

Here are the Top Multifamily Commercial Real Estate Developers in Phoenix

A collection of the top multi-family commercial real estate developers in Phoenix. Notable mentions include Lennar Multifamily Communities and Mark Taylor Inc.

FIRE Development Group Continues Streak of Tax Credit Awards with $45M Allocation

For the fourth year in a row, the First-Ring Industrial Redevelopment Enterprise Inc. organization won a federal New Markets Tax Credits award worth $45 million in tax credits. The award is handed out to job creating projects.

How Apartment Building Owners Can Strike a Balance Between Pet Owners and Non-Animal Lovers

A handy guide to keeping all your tenants happy when it comes to animals. NREI suggests balancing canine washing stations and dog parks with free pet waste bags and strict animal noise rules.

 

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