Anna Spiewak
Economy Watch Weekly: Housing Starts, Home Sales Stagnate; Fed Cuts More Bond-Buying
CPE’s economic analyst, Dees Stribling, gives his update for the week ending March 21.
MARCH ISSUE: What Goes Around …
Adaptive reuse boom attracts capital, creativity and challenges.
Economy Watch: Home Price Rises Stall, Foreclosures Slow; Chicago Fed: Economic Activity Above Trend
The latest Home Price Index remains status quo month over month. Foreclosure starts dropped 30 percent compared with this time last year. And The Chicago Fed National Activity Index increased to +0.14 in February from –0.45 in January, showing no imminent inflation this year.
Diversified JV Buys 15-Acre M-F Development Parcel in Union, NJ
Diversified Realty Advisors in a joint venture with the Fidelco Realty Group has bought a 15-acre residential development parcel at 400 Clermont Terrace in Union Township, N.J.
Economy Watch: Fitch Affirms Stable Outlook for U.S. Debt; Trucking Index Edges Up in February
The rating agency Fitch affirmed various kinds of U.S. public debt at a rating of AAA, with a stable outlook. The for-Hire Truck Tonnage Index increased 2.8 percent in February.
March Issue: Fulfilling Promise
Growth in e-commerce drives demand for specialized fulfillment facilities.
Economy Watch: Home Sales Edge Down in February; U.S. Banks Pass Fed Stress Tests; Conference Board’s Leading Indicators More Positive
Existing home sales dropped by 0.4 percent month over month in February. The Federal Reserve reported that almost all of the 30 largest banks in the U.S. passed its stress tests. And the Conference Board’s Leading Economic Index for the U.S. increased 0.5 percent in February.
Jaylor Services Gets $65M in Financing for Burger King Portfolio
Affiliates of Jaylor Services are set to get $65 million in financing, courtesy of Ladder Capital, for a 99-property Burger King portfolio located throughout six states.
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