By John Worth & Savannah Delullo, Via Nareit Commercial real estate fundamentals continue to point to strong performance in the retail, multifamily, and industrial sectors with vacancy rates mostly declining on a year-over-year and quarter-to-quarter basis, robust rent growth, and positive excess demand. While there has been improvement in the office sector, the impact of […]
By Richard Rubin via The Wall Street Journal Rettig says abusive syndicated conservation easement transactions persist despite stepped-up enforcement WASHINGTON—Internal Revenue Service Commissioner Charles Rettig sought congressional help Tuesday in stopping land-rights deals that the government views as abusive transactions. Mr. Rettig said so-called syndicated conservation easements have continued despite years of stepped-up IRS enforcement that now […]
By Ben Unglesbee via Retail Dive Dive Brief: The share of small retail businesses that couldn’t make rent rose to 34% in April, up six percentage points from February, according to survey data from Alignable. Those surveyed cited inflation, including gas price spikes, supply chain issues, labor shortages, reduced revenues and increasing rent. Of those […]
Via The New York Times U.S. added 428,000 jobs in April as the labor market remained vibrant. April produced another solid month of job growth, the Labor Department reported Friday, reflecting the economy’s resilient rebound from the pandemic’s devastation. U.S. employers added 428,000 jobs, the department said, the same as the revised figure for March. […]
By Jon Worth and Nicole Funari via Nareit The Bureau of Labor Statistics’ March Job Openings and Labor Turnover (JOLTs) report highlights the health of the labor market. March marked 23 straight months with hires greater than separations and the March JOLTs report showed private job openings are in excess of 10.5 million, the […]
By Jane Dollinger via Nareit During Nareit’s REITwise: 2022 Law, Accounting & Finance Conference, Nareit spoke with several REIT finance veterans about what they love about the REIT industry and why young finance professionals should pursue a career in real estate. Find their answers below, and follow #REITjobs on LinkedIn to find your next position at a […]
By Christopher Condon via Bloomberg News (Bloomberg) — Treasury Secretary Janet Yellen said she expects solid growth in the coming year, with a possible “soft landing” for the economy as the Federal Reserve moves to bring down inflation. “I do believe we’re going to see solid growth in the coming year,” Yellen said in an […]
By Boston Real Estate Times Somerville, MA – The development venture of DLJ Real Estate Capital Partners (DLJ), Leggat McCall Properties (LMP) and Deutsche Finance America (DFA) joined the City of Somerville and Flagship Pioneering companies to cut the opening ribbon on 101 South Street, the first purpose-built Class-A lab building in Somerville as part of the Boynton Yards 1.8 million square foot, […]
Devan West via MCADCafe Ideal for producing tough, durable and long-lasting 3D printed parts, these polyurethane resins are the latest innovative materials available for Formlabs’ SLA printers Somerville, MA – May 17, 2022 – Formlabs, the leading 3D printing company, today announced PU Rigid 650 Resin and PU Rigid 1000 Resin at RAPID + TCT 2022, North America’s […]
By Janelle Nanos and Tim Logan via The Boston Globe Nearly half of residents in the blue-collar town are foreign-born. But for years, these groups have been largely locked out of city politics and services. MALDEN — Malden Mayor Gary Christenson has a catchphrase: His city “is a place for everyone.” This might sound like […]
