National
Economy Watch: Retail Sales Dip in August
Despite a decline in sales for the month, most categories of retailers are enjoying higher sales in 2017 than last year, according to the Census Bureau’s latest report.
The Houston CRE Market in Hurricane Harvey’s Aftermath
The metro’s office market emerged mostly unscathed following the Category 4 storm, while the retail, industrial and hotel industries were affected in certain areas. The flooding did the most damage on residential properties, according to a CBRE report.
Peachtree Hotel Group Grows National Footprint
Snapping up the properties in three separate transactions, the company added nearly 400 guestrooms to its holdings, marking another big step in its national expansion plan.
Economy Watch: Construction Material Prices Still on the Rise
Demand for construction materials remains high in the U.S., with positive wealth expectations creating confidence in real estate developers, according to a recent Associated Builders and Contractors report.
Providers Grapple with Flood Insurance’s Hazy Forecast
An experienced litigator in the areas of bad faith law and unfair business practices, Royal Oakes analyzes the challenges and opportunities that insurers face in the wake of hurricanes Harvey and Irma.
Economy Watch: Nonresidential Building Planning Dips in August
Dodge Data & Analytics reported that the decline was due to an 8.7 percent drop in the commercial component of the Dodge Momentum Index, bringing planning activity to a more sustainable pace.
Glimcher Takes On CEO Role at Starwood
His extensive industry experience and far-reaching relationships make him a natural for this role. Glimcher began his career with Glimcher Realty Trust in 1991 and took over as CEO in 2005.
Brennan, Arch Street Grab $100M Industrial Portfolio
In their sixth joint venture, the partners purchased a group of assets totaling 2.5 million square feet spanning eight states. Locations include Chicago, Milwaukee, Minneapolis and more.
Online Assessment Tool Enables Hurricane Preparedness: JLL
The professional services firm continues aiding its Houston-area employees in recovering from Hurricane Harvey, while also using its Building Emergency Management Assessment system to evaluate the effects of Hurricane Irma.
Celebrating 30: Rise and Fall of TICs
We’re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate’s history. This week: Tony Thompson and the tenant-in-common industry. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.