NOT FOR REPRINT
Page Printed from: globest.com/author/profile/Anthony-Russo?page=5
Sign In To follow
Companies could look more to coworking spaces, as it's cheaper in 97 percent of cities compared to traditional offices.
SUB Cap Rate Spread to BBB bonds have narrowed, making commercial real estate more attractive for investors.
Lower rates are driving refinancing higher, but applications are still limited as many people hold sub-5% rates.
The move will help the commercial truck attachments firm pay back debt.
Seller Live Helio will be responsible for finishing the construction of the ADUs.
The project would include 214 hotel rooms and 87 multifamily units.
Although interest rate cuts are expected, the usual fall housing market slowdown is likely to contain any significant surge in activity.
The trend of increased construction leading to lower rents is most obvious in Austin, TX.
A softening job market coupled with a drop in interest rates later this year may be enough to stave off a recession, Marcus & Millichap finds.
The company will target North America, Europe and Japan.