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Midwest

MidwestMinnesotaNationalOffice

JLL reports a new high in the U.S. office vacancy rate: 18.9%

First there was COVID. Then came the uncertainty of when, or if, employees would return to the office. Now comes inflation and rising interest rates.…
Dan Rafter July 14, 2022
MidwestMinnesotaNationalCRE

CORFAC survey: Interest rates, inflation the new stressors for brokers

After a tumultuous two years, commercial real estate market conditions still haven’t stabilized. The COVID-19 pandemic has entered a less urgent phase, but now the…
CORFAC International July 13, 2022
MidwestMinnesotaNationalIndustrial

The promise of onshoring: As companies bring manufacturing back to the U.S., demand for industrial space soars even higher

The industrial market across the country is enjoying plenty of momentum, with companies’ demand for new industrial space seemingly unquenchable. But a push by companies…
Dan Rafter July 8, 2022
MidwestMinnesotaNationalFinance

How many deals will rising interest rates wipe away? CRE pros in wait-and-see mode

When the Federal Reserve last month raised interest rates by three-quarters of a percentage point, it ranked as the agency's most aggressive such hike since…
Dan Rafter July 7, 2022
MidwestMinnesotaNationalHospitality

Sweetening the deal: Even after raising wages, hotels still can’t land enough workers

It's not easy finding workers today. And that's especially true in the hospitality industry, where a new survey finds that nearly all hotels are struggling…
Dan Rafter July 6, 2022
MidwestMinnesotaNationalFinance

Asymmetrical risks? How the CRE industry is reacting to the Fed’s inflation-fighting moves

Last week, the Fed did something that it had not done since 1994: It raised the fed funds rate by 75 basis points.
Ryan Severino July 1, 2022
MidwestMinnesotaNationalMultifamily

Investor demand for multifamily? It’s been insatiable

Insatiable. That's the best way to describe investor demand for multifamily assets during the last five years.
Dan Rafter June 27, 2022
MidwestNationalIndustrial

National industrial service facility portfolio acquisition financed with $61 million loan

JLL Capital Markets has arranged $61 million in acquisition financing for an industrial portfolio comprising nearly two-dozen last-mile, cross-dock truck terminals and transload properties across 17 key markets in…
June 22, 2022
MidwestMinnesotaNationalCRE

Higher pay? Lower requirements? So far, nothing is drawing those missing employees back into the workforce

Where are the workers? That's a question that employers have been asking since the early days of the COVID-19 pandemic. And so far? No one…
Dan Rafter June 22, 2022
MidwestNationalIndustrial

JLL Capital Markets closes $61 million in financing for 17-market industrial portfolio

JLL Capital Markets has arranged $61 million in acquisition financing for an industrial portfolio comprising nearly 24 last-mile, cross-dock truck terminals and transload properties across…
June 17, 2022
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