Regency Centers Group has agreed to acquire Equity One Inc. for $4.6 billion. The deal will transform Regency into the largest REIT in the shopping center market, but some analysts are skeptical the buy will payoff in the long run.
A 32-story building made completely of prefabricated units opened in Brooklyn on Tuesday. Forest City Ratner Cos. is now leasing the 363 unit building.
Three abandoned stores dating back to 1860 are set to get a face lift. The owner, David Uihlein, got approval to build a “movie set” style facade to hide the buildings while he decides on a long term plan for them.
A wink-and-a-nod at the outcome of the presidential election? NREI suggests commercial real estate like High Street Retail, Medical Office Buildings, and Big Box Warehouses are more immune to recessions.
Bloomberg’s Noah Smith points to several factors that indicate a recession may be nigh in the US. Doing a 180 on his optimistic view a few years ago, Smith says Trump’s anti-immigration stance, a decrease in American entrepreneurial boldness and our middling education system are all problems that must be addressed by the new administration if the US is to become a powerhouse again.
This article takes a more optimistic view of Trump’s potential impact on the commercial real estate market. Reasons for a bright outlook include a continuation of the moderate growth of the last seven years and a lack of gridlock in the Republican controlled Congress.
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