Anna Spiewak
Economy Watch: Tapering, Low Interest Rates Continue; State Coincident Indexes Almost All Up
Come April, the Fed is going to knock another $10 billion off of its asset purchases through tapering. The coincident indexes for 48 states increased month over month in January 2014.
Economy Watch: Housing Starts Stagnate in February; Inflation Still Subdued, but Meat’s More Expensive
Housing starts in February came in at below 0.2 percent compared to the revised January estimate. Inflation continues to be a toothless tiger, but an increase in the price of food, particularly meat, accounted for more than half of the all-items increase in February.
Chilean Developer Builds First U.S. Project: 185 KSF M-U Facility in Miami
Chilean company Red Megacentro is tapping into the U.S. market with its very first American redevelopment project, a 185,000-square-foot mixed-use facility in Miami.
John Hampton: Today’s Workplace Evolution, Tomorrow’s RE Strategy: Proworking in 2014
For a growing percentage of the workforce, “going to work” no longer translates as “going to the office.”
Economy Watch Weekly: Retail Sales Up; Service-Sector Businesses Doing Better
CPE’s economic analyst, Dees Stribling, gives his update for the week ending March 14.
Economy Watch: Homebuilders Less Glum; Industrial Production Recovers from Winter Blahs; Rhode Island Tops BLS Jobless Rankings
Builder confidence in the market for new single-family homes rose one point in March to 47 on the National Association of Home Builders/Wells Fargo Housing Market Index. Industrial production increased 0.6 percent in February after having declined 0.2 percent in January. Rhode Island had the highest unemployment rate among the states in January.
Ariel: January NYC M-F Sales Show Strong Start to 2014
Multi-family transactions will continue to dominate the scene in the Big Apple on a grand scale in 2014, according to Ariel Property Advisors’ Multifamily Month in Review for January.
MIPIM Special Report: Office & Historical Buildings to Hotel Conversions
During the hotel conversion workshop held at MIPIM 2014 in Cannes, Gwenola Donet, who heads the French team of Jones Lang LaSalle Hotels & Hospitality Group, talked about the main drivers of a successful hotel conversion project.
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