Updates in the world of Commercial Real Estate
By Rich Miller, Catarina Saraiva, and Steve Matthews Three top Federal Reserve officials hammered home the message Thursday that the US central bank is still on track to cut interest rates this year — just not anytime soon. Fed Vice Chair Philip Jefferson and Governor Lisa Cook said they’re optimistic inflation is still cooling despite a blip in January, but made clear they want more evidence it’s […]
By Richard Berger Retail is positioned to become the US’ highest occupancy commercial real estte category, according to a new report from Marcus & Millichap. The firm said this long-term forecast is bolstered by a consumer base that is expected to grow by more than 4.8 million households from 2024 to 2028, notably eclipsing the […]
By Lucia Maffei Needham-based Tripadvisor Inc. is ready to evaluate takeover proposals. The travel metasearch firm (Nasdaq: TRIP) said Monday that independent directors of its board have formed a special committee “to evaluate any proposals that may be brought forward for a potential transaction, and any alternatives thereto, with regard to Tripadvisor.” TripAdvisor”s shares jumped 14% […]
By David J. Lynch As the Rockettes high-kicked their way to a record box office for the annual “Christmas Spectacular” at New York’s Radio City Music Hall, they were doing more than just entertaining. They were also showing the limits of the Federal Reserve’s power over the economy. If the Fed’s interest rate increases had worked after the […]
By Erik Sherman Anti-money laundering has become an ongoing topic for the Biden administration. The latest round of reports focuses in part on real estate. As a result, the Treasury Department has proposed new rules that would government CRE transactions. The report addressed real estate as part of a luxury and high-value goods category. “Money laundering through real estate can […]
By Erik Sherman When do you know that a CRE market in a slump has hit bottom? Here’s the answer you get from Steven Jason, managing principle of EOS Real Estate and Financial Advisory: “The simple answer is nobody knows, and you don’t know until you’re past it and can see it in hindsight,” he tells […]
By Jeanna Smialek Federal Reserve officials held interest rates at their highest level in more than two decades at their first meeting of 2024 and hinted that their next move will be to lower borrowing costs — even as policymakers made clear they are not yet ready to make that cut. Jerome H. Powell, the […]
By Richard Berger There are early signs of recovery within the life sciences environment following a recent investment slowdown as venture capital is re-emerging, tenants are coming off the sidelines and average deal sizes are hitting all-time highs, according to a recent report from Cushman & Wakefield. Its research manager, Sandy Romero, said venture capital […]
BY REENA KARASIN Greentown Labs’ 200+ startups are developing, deploying, and commercializing climatetech solutions to decarbonize the key greenhouse-gas-emitting sectors—agriculture, buildings, electricity, manufacturing, and transportation—and build resilient communities. There’s an incredible amount of work and collaboration needed to get these technologies out of the lab and into the world, from early-stage funding, to pilot projects, to first commercial […]
By HOLLY DUTTON Six years ago, Opportunity Zones officially became a reality. The program was part of the Tax Cuts and Jobs Act of 2017, signed into law by former President Donald Trump in late December 2017. It was hailed as a success—a rare moment of bipartisanship that saw representatives on both sides of the […]
