Michelle Matteson

More Durable Economy

Value of manufacturers’ new orders; not seasonally adjusted; $ in millions

Decreasing Defaults

(CMBS delinquencies by property type; $ in billions)

Many Happy Returns

(global property fund performance, second quarter 2013)

Tracking Teens

(2013 estimate of teenagers by Designated Market Area [DMA])  

New York City Spotlight: Rising Rates

(office sales by number of transactions and sales volume)  

Flat Affect

(U.S. pricing per square foot; $ in thousands)

The Millennial Connection

By Terry Munoz Mil∙len∙ni∙al [mil-len-ee-uhl]: a person born in the 1980s or 1990s. How much do you know about Millennials? Are you confused about how best to engage them? Are you challenged as to how to motivate them, unsure how they com- pare to the Gen X and Baby Boomer generations? Here are a few insights into Millennials that you may want to consider: ■ They have different expectations concerning their values. They are ambitious and seek abundant opportunities, particularly opportunities to improve themselves and the environment. They always want to better themselves socially and economically. Bor- ing is bad…