NOT FOR REPRINT
Page Printed from: globest.com/search/?page=192
Sign In To follow
Filter this View
Start Date:
End Date:
This seems like more data that will give the Fed to put off rate cuts even longer.
Ultimately, the numbers will have the last say. Right now, it's looking dubious for three cuts.
Cost of capital is coming down, spreads are coming in and a sharp decline in new supply.
Last year W. P. Carey expanded its focus on US retail.
Supply and demand imbalance put downward pressure on rent and occupancy numbers.
A double whammy of declining home values and rising taxes propelled the increase in effective tax rates.
Baby boomers are the top group of homesellers.
As about 68% of GDP depends on consumer spending, reducing income could do significant damage to the economy.
Wells Fargo leads group of banks backing play with $600M.
Toronto-based firm plans to build residential development on the site.