National
Economy Watch: U.S. CRE Deal Volume Slows in Q2
Despite a drop in transaction volume, second-quarter 2016 marks the eight consecutive quarter in which deal volume topped $100 billion, Ten-X reported.
Hunt Mortgage Group Names New President
James Flynn has been with the company for nearly a decade.
Economy Watch: Price Hikes Modest, Household Worth Up
Modest inflation as well as recent income gains for U.S. households should be encouraging news for retailers going into the holiday season.
A Template — or Not? Consortium Buys Troubled Aéropostale
The teen apparel company, which filed for bankruptcy this year, commanded $243 million.
Economy Watch: Retail Sales Edge Down in August
Retailers saw an unexpected drop in sales in August, but most are still seeing year-over-year gains, the Census Bureau reported.
National Storage JV to Acquire $630M Portfolio
The deal involves some 4 million to 5 million square feet of rentable space in more than 36,000 storage units across 12 states.
Westwood Spins Two Thirds of its Holdings into New Streamlined Entity
Westwood Financial will be a $1.2 billion company comprising 77 retail assets.
Economy Watch: Election Making Americans Nervous About Economy
More than half of respondents to a recent Bankrate survey said they think the presidential election poses the biggest threat to the U.S. economy in the next six months.
Hersha Parts Ways with Suburban Hotel Portfolio
The $185 million sale of five hotels is part of the company’s ongoing capital recycling program.
Economy Watch: Household Income Posts Record Growth in 2015
Last year marked the first annual increase in median income in almost a decade, which is especially good news for the retail and hospitality sectors.