The Federal Reserve cut its key interest rate by a quarter percentage point on Wednesday to insure the U.S. economy against downside risks from weak global growth and trade policy uncertainty. The interest rate cut is unlikely to boost commercial real estate values, according to industry sources.
HALL Structured Finance is an entrepreneurial, value-add, direct private lender that provides ground-up construction, adaptive reuse and major asset repositioning for commercial real estate projects throughout the United States.
Delayed multifamily project completions are putting upward pressure on rent growth at new class-A buildings, according to data from research firm the CoStar Group.
Members of Nordstrom’s founding family want to boost their stake in the retailer to more than 50 percent, reports the Wall Street Journal. Forbes looks at the 12 improvements that could create higher returns on commercial property sales. These are among today’s must reads from around the commercial real estate industry.