In Wednesday’s commercial real estate news – we’ll give you a look at council’s approval of sealed back business tax, the spur in demand for U.S. rental homes, and so much more.
TheStreet’s founder and Action Alerts PLUS Portfolio Manager Jim Cramer interviewed CBRE Group’s (CBRE – Get Report) CEO Bob Sulentic on CNBC’s Mad Money. Sulentic isn’t worried about commercial real estate vacancy in New York.
The Seattle City Council’s approval of a scaled-back corporate tax aimed at addressing the city’s rising housing prices and burgeoning homeless crisis brought harsh words from Amazon.com, Inc. and Starbucks Corp., two of the city’s largest employers set to bear the brunt of the new employee tax.
Builder optimism has its roots in solid sales that are being bolstered by resilient hiring and larger take-home pay following federal government tax cuts.
Tricon Capital Group Inc. has become the third-largest publicly listed landlord of U.S. single-family rentals by snapping up homes from Arizona to Florida.
Local investors have been turning their sights outwards and ramping up cross-border commercial real estate investments in Q1, according to a report from Real Capital Analytics (RCA), with a significant increase in property investments in Australian, Japanese and Indian markets.
Political and economic uncertainty has defined the past year.
With Arizona’s economy showing signs of growth amid low inflation, it seems like a crane casts a shadow over every intersection in downtown Phoenix.