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OCTOBER ISSUE: Automated Response
Various technologies are both improving the guest experience and making behind-the-scenes activities at the properties more efficient.
MARKET REPORT: Richmond’s Strengthening Economy Drives All Sectors of Real Estate
The first half of 2014 shows positive growth for Richmond’s multi-family and commercial markets, according to recent reports from Real Data and CBRE.
Measured Recovery
(capital value performance in this cycle; all property 2007 capital growth indexed to 100) By Peter Hobbs The cyclical position of markets is a critical consideration for investors and managers of existing portfolios and those seeking to deploy new capital. The comparison of value change since 2007 across the IPD global markets shows three different courses through the current cycle. Six markets progressed very well in recent years, with some bouncing back strongly from a severe downturn (the U.S., the U.K. and Sweden) and some continuing to perform well through a relatively mild downturn (Canada, Switzerland and South Africa). Another…
MARKET REPORT: Tucson Market Continues to Show Upward Trend
Even though decreased government spending impacted both momentum and activity in Tucson’s real estate market, employment in the metropolitan area is showing a promising tendency. The 5.8 percent unemployment rate at the year’s midway point was 0.6 percent lower than just six months ago, and real estate market fundamentals looked similarly encouraging.
OCTOBER ISSUE: Green Rush
In 1996, California became the first state to legalize medical marijuana. Today, cannabis is legal for medicinal use in 23 states and Washington, D.C., and is legal for retail sale in Colorado and Washington.
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