Blog

Velocity for net lease has picked right back up from where we left off in 2015. Here’s why.

When the final numbers are tallied for 2015, life company commercial real estate financing will exceed $60 billion and may even approach $65 billion. Why was 2015 such a record-breaking year? And what can the industry expect for 2016?

Pulling a building permit can add a substantial amount of cost to a construction project. But it may save a lot more.

By: Keisha McDonnough, Senior Research Analyst, JLL Retail This week, after taking a tour around Town Center Boca Raton in Palm Beach County, it was clear that retailers – at least, most of them – were readying themselves for the holiday season. Three top findings for the start of Thanksgiving week: Red will be big this holiday. Sales were definitely in effect. Most retailers had some level of promotion, regardless of price-point; some were offering as much as 40% and 50% off. This is right in line with expectations, given that many retailers experienced lackluster retail sales performance in the third quarter….

By Chris Pesek, JLL COO Integrated Facilities Management in the Americas   Reliable, safe, efficient, healthy, consistent. Are these the tenets of a successful corporate real estate (CRE) program? Not in today’s innovation-driven corporate real estate environment. Today, the CRE game is changing as leading CRE thinkers introduce industry-changing ideas to bring forward improved experiences and results. Exciting new concepts in technology and CRE service delivery are transforming the way companies choose, build out and manage their facilities. We see CRE teams and other industry players shaking up the function and make-up of their teams from the inside out. Some…

Rainbow Housing’s Flynann Janisse talks about the expanding demand for service-enriched housing.

By Jim Dobleske, JLL Project and Development Services Global Board Chair   What could you do with $12.2 billion? A developer could construct three One World Trade Centers in New York City, a country could plan and host a World Cup tournament or you could share $1.67 with every living person in the world. Or, like many companies, you could waste it on office capital projects. According to JLL research, Forbes 1000 companies miss their capital plan targets for office real estate alone by $12.2 billion. That’s money wasted and a significant cost savings opportunity going unused. Not all companies…

By Mark Fleming, Chief Economist, First American This week, the Federal Reserve has its September meeting where it could potentially decide to increase interest rates for the first time since 2008. The CME FedWatch Tool measures the market’s expectation of Fed target rates. Currently, the market-estimated probability of a 0.25 percent rate increase on September 17 is almost 80 percent. Generally, it seems more likely than not that the Fed will increase rates, so its timely to ask, will a rate increase cause a collapse in the housing market as it forces up mortgage rates? One argument is that rising…

By Richard Morris, Partner, Herrick Feinstein L.L.P. The IRS has proposed rules reclassify how private equity executives’ management fees are taxed. Under the rules, firms will find it harder to convert their fees — which are taxed at high rates — into carried interest. Many don’t realize that this will have a large effect on the commercial real estate industry specifically investment structures. The proposed amendment to the Internal Revenue Code would significantly increase the tax obligations of real estate fund managers and certain other fund professionals. In general, the amendment requires that income attributable to carried interest in a…