AEW Europe adds a 26-unit retail asset in Granada.
CRE Herald
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The Fed is expected to raise rates The futures market tracking FOMC rate decisions on the Chicago Mercantile Exchange thinks it’s a foregone (90.7 percent) conclusion that the FOMC will raise rates by 25 basis points. While there is no direct connection to mortgage rates, it often influences the direction. In fact, some ex-Fed experts…
Mark Cuban said startup founders would leave under a proposed wealth tax. The founders themselves are split. California will vote on its statewide “billionaire tax” in November. In an X response to Rep. Ro Khanna, Cuban said the tax would adversely affect founders, who may be billionaires in stock but lack the cash to pay…
The government has announced a new streamlined planning process around house building in areas within walking distance of stations. The aim is to encourage building in areas that minimise access to transport and make best use of underdeveloped land. Responding to the proposals Sir Vince Cable, Chair of the independent Housing Policy and Delivery Oversight committee said:…
The S&P 500 Index ($SPX) (SPY) on Friday rose by +0.86%, the Dow Jones Industrial Average ($DOWI) (DIA) rose by +0.98%, and the Nasdaq 100 Index ($IUXX) (QQQ) rose by +0.91%. E-mini S&P futures (ESU26) rose +0.83%, and September E-mini Nasdaq futures (NQU26) rose +0.86%. Stock indexes closed higher, supported by Friday’s -2.4% decline in oil prices. The stock…
An Alexandria shopping center that CarrAmerica was planning to redevelop as an apartment building has been sold to the other company in the Carr family. Carr Properties, a developer and owner led by Oliver Carr III, purchased the 2-acre parcel at 300 Montgomery St. in Old Town North with plans to turn it into 373…
In a market like this, one veteran said the brokers with the best chance of coming out ahead are the ones treating the slow period as an opportunity to get better, because the knowledge gap is where deals are disappearing. Kimber White (pictured top), president of the National Association of Mortgage Brokers (NAMB), has been…