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Staying Aware of Excessive Risk

By Marcelo Bermúdez, President, Figueroa Capital Group, subsidiary of Charles Dunn Co.: Federal Reserve Chairperson Janet Yellen has made a pretty clear case that quantitative easing’s sunset is not too far away.

MARKET SNAPSHOT: Cleveland M-F Construction Reaches 5-Year High

More people are moving to the Cleveland metro area, attracted by the steady economic growth and the new development in the city’s downtown, where developers are building everything from hotels to retail and housing.

MARKET SNAPSHOT: Phoenix’s Rental Demand on the Rise

With an employment growth rate that will outpace the national one, Phoenix is on the path of having its fifth consecutive year of real estate growth and economic improvement.

JULY ISSUE: Inching Up to Record Levels

Jeremy Banoff gives his mid-year compensation update on how the relationship between pay and performance continues to strengthen.

Guest Column: Harnessing Young Talent in Today’s Real Estate World

Jennifer McLean, CFO of GFI Capital, offers advice on how to promote growth among driven young professionals in the commercial real estate market.

Building Momentum

By Adrian Ponsen & Maeve Gallagher Almost five years into the current economic expansion, construction is ramping up but in varying degrees across property types. The industrial sector has had a significant uptick in groundbreakings, with more than 121 million square feet under construction today, about 22 percent higher than one year ago and well ahead of office and retail. Office construction continues to increase slowly but gradually, while retail construction volume has barely budged in over four years. Industrial is often one of the first property types to kick off construction during economic growth periods, as its shorter construction…