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Banking

Interest Rates May Double in the Next Few Years

February 21, 2018 |

The smartest business owners I know are always looking ahead. Talk to anyone today who’s been in business for more than a decade and they’ll tell you that, sure, they’re keeping a close eye on current sales, projections, overheads and … Read More

RCM Survey: Commercial Real Estate Investors Still in Buy Mode

February 15, 2018 |

Commercial real estate investors are intent on buying real estate assets, with a preference for multifamily and industrial. The recently-passed tax legislation, in part, will strengthen corporate growth and validate value-add investing strategies, according to Real Capital Markets’ (RCM) National Investor Sentiment Report.

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Updated: Banks Closed Record Amount of Branches in 2017

January 30, 2018 |

Somewhat lost in the wave of store closure announcements last year was news that another major user of retail space abandoned a record amount of square footage. U.S. banks accelerated their pace of branch consolidation last year, closing a net … Read More

People are taking out mortgages to buy bitcoin, says securities regulator

December 14, 2017 |
  • Bitcoin is in the “mania” phase, with some people even borrowing money to get in on the action, regulator Joseph Borg said.
  • “We’ve seen mortgages being taken out to buy bitcoin. … People do credit cards, equity lines,” he … Read More

Open-Air Shopping, Entertainment Landmark on Tap for Broward County

November 7, 2017 |

$800M Dania Pointe Set to Open in Late 2018

Dania Pointe, an $800 million, open-air shopping and entertainment center, is expected to become a signature lifestyle destination by merging retail, residential, office and hotel uses on a 102-acre tract in … Read More

Demolition to start on Northland Center site in Southfield

October 26, 2017 |
  • Dore & Associates to start demolishing Northland Center building Thursday
  • Land to be redeveloped is on Amazon HQ2 potential site list
  • Macy’s building to be left standing; underground tunnels may be preserved

Demolition at the vacant Northland Center … Read More

Moderate growth expected for commercial real estate

October 16, 2017 |

The US commercial real estate industry should see moderate growth through much of 2019 according to new forecast from the Urban Land Institute.

The survey of top real estate economists calls for national vacancy or availability rates to rise modestly … Read More

Green Financing in Multifamily Housing Grows in 2017

October 3, 2017 |

Lower interest rates and larger loans are fueling energy conservation inside multifamily housing operations across the country, bolstering the bottom line of owners and the wallets of residents.

Fannie Mae, Freddie Mac, HUD and the Federal Housing Authority (FHA) offer … Read More