A big relief? Fed cuts benchmark interest rate for first time in four years
For the first time since March of 2020, the Federal Reserve Board cut its benchmark interest rate today. And the Fed enacted a cut that…
National
Managing sustainability and cost amid increasingly complex environmental concerns
While owners, developers, and builders overall continue to adopt more environmentally sustainable practices, they still need to be proactive and vigilant about ever-increasing scrutiny from…
Inflation? High interest rates? Nothing is slowing the luxury retail market
Persistent inflation and higher interest rates might be worrying to consumers. But that hasn't stopped many from making big-ticket retail purchases this year. Need proof?…
Artist + property owner partnerships demonstrate community investment—and ROI
Hot take: Art and artists have never been more relevant to successful real estate development. Now more than ever, authentic experiences are essential in attracting…
JLL names chief procurement officer
JLL has promoted Michael Raphael to chief procurement officer to lead procurement activities globally across the company and manage annual procurement spend for both JLL…
Navigating challenges amidst shifting tides: A national economic outlook for 2024
It’s no secret that commercial real estate has faced tumultuous times following the pandemic, but a year-end report by financial services giant PwC signals a…
National CRE outlook 2024: Falling interest rates to boost investment activity, according to CBRE
As the curtain rises on 2024, the landscape of commercial real estate is poised for growth as slowly falling interest rates are expected to boost…
Multifamily update? Zumper releases 2023 annual rent report, makes 2024 predictions
Yesterday, Zumper published its Annual Rent Report for 2023 which draws on the past year of data, knowledge of economic trends, and ongoing conversations with clients, experts, and…
Industrial sector maintains momentum despite rise in vacancy rates, according to CommercialEdge
The industrial market has continued to shine bright despite economic hurdles, clocking in at $44.4 billion in deals, far surpassing that of any other asset…