Category: commercial real estate
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Trampoline Tuesdays… or Tuesday’s Turnaround
Information via Titan – CLICK HERE for more information and to sign up for news blasts like this one. After its worst day in almost two years, the S&P 500, and other major indices, gained back some losses on Tuesday.…
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In brutal temps, air-conditioning businesses thrive as the cooling industry heats up
Max Knoblauch / Thursday, August 01, 2024 via Sherwood <—- CLICK HERE for full article and others similar to it. Blastin’ the AC… In the dog days of summer, cooling is king. Scorching temps that saw 150M+ Americans under heat alerts last month…
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Apartment Rent Growth Is Decelerating
Inflation Measures Have Yet To Reflect Slowing Rent Increases, Lagging Indicator Could Impact Policy DecisionsApartment rent per square foot peaked at an annual growth rate of 10% in early 2023 and has since fallen to less than 5%, according to…
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Another popular commercial real estate asset class shows signs of struggles.
A key barometer of U.S. factories fell in July for the fourth consecutive month and hit an eight-month low – a sign that an ongoing slump in the industrial side of the economy has deepened. Numbers below 50% signal the…
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Rental Community Going Up at Onetime Bradenton Mall
I think the project is a solid and necessary one as this mall has been distressed and changed hands numerous times over the past decade or so. Here’s hoping this multifamily project positively impacts the area! ~ Sean Dreznin, DPCRE,…
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In brutal temps, air-conditioning businesses thrive as the cooling industry heats up
Article via Robinhood Snacks Blastin’ the AC… In the dog days of summer, cooling is king. Scorching temps that saw 150M+ Americans under heat alerts last month have air-conditioning companies booming. Helping business: the average lifespan of an AC unit is…
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Fed meeting
The Fed comes front and center today and the big question heading into the meeting comes down to how strongly officials signal their desire to cut rates. The central bank is widely expected to hold its benchmark short-term interest rate…
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Tampa Bay Rays win final approval for new $1.2 billion stadium
Pinellas commissioners approved use of tourism money to fund the county’s portion of a new stadium for the Rays. With the Pinellas County commission approving the use of tourism tax money, the Tampa Bay Rays can move forward with a…
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Commercial real estate distress
Article via Titan.com – Click here to visit them and receive news on a daily basis. Commercial real estate distress, specifically office, is on the rise as multiple firms announce that they’ve set aside greater amounts of cash for real…
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