U.S. stock markets turned dramatically lower during much of the past week, but markets ended the six-day downturn by surging ahead on Wednesday and posting additional gains on Thursday. Positive economic news on U.S. second-quarter gross domestic product, consumer confidence, and home sales indicated that the domestic economy should be able to withstand the slowdown in China. Plus, interest rate survey data from Trepp.Read More
Jeff Speck, planning expert and author of Walkable City and coauthor of Suburban Nation , has created a series of videos that illustrate how cities are reducing on-street parking and better utilizing their existing roads to create calmer traffic patterns, wider sidewalks, and dedicated bike lanes.Read More
Two of the four major outdoor advertising companies converted to real estate investment trusts in 2014, prompting a look at outdoor advertising trends and REIT performance. The movement toward highly flexible digital billboards is driving outdoor advertising revenue growth. Plus, interest rate survey results from Trepp.Read More
Former U.S. Secretary of State Condoleezza Rice, Airbnb chief executive officer and cofounder Brian Chesky, Wells Fargo chairman and president John Stumpf, and California Governor Jerry Brown headline the list of innovators and thought leaders scheduled to speak at ULI’s 2015 Fall Meeting, set for October 5–8 at the Moscone Center in San Francisco.Read More
Real estate investment trusts rallied during July, recovering from a weak first half of 2015. Despite reporting mostly strong second-quarter earnings, concerns about higher interest rates continue to weigh on the sector. Plus, interest rate survey results from Trepp.
Many gambling stocks are losing value and weighed down by debt, with limited options for new financing. To date, one gaming company has formed a REIT that is growing through acquisitions, and several others are considering similar moves to unlock value and boost their stock prices. Plus, interest rate survey results from Trepp.
Aging baby boomers and strong demand for inexpensive housing have helped boost the small manufactured housing real estate investment trust (REIT) sector. The sector’s market capitalization totals just $8 billion, but its total year-to-date return of 13.13 percent far exceeds the FTSE NAREIT All Equity REIT average of –1.07 percent. Plus, interest rate survey results from Trepp.
The Passive House standard created by Passivhaus Institut of Germany is the latest, toughest standard in sustainable design. Owners and developers around the world have certified Passive House buildings, including U.K. property giant Grosvenor. In the United States, developers are now building hundreds of new units of housing to meet the Passive House standards in states like New York and Pennsylvania.
Mixed economic news is weighing on retail markets, pushing real estate investment trust (REIT) performance down. Within the retail REIT sector, regional malls, prized for stability as a core property type, have posted the best year to date returns (–1.92 percent), while shopping centers posted a return of –2.94 percent. Plus, interest rate survey results from Trepp.
Healthy Retail SF is a program designed to help retailers in high-poverty neighborhoods in the Bay Area transform their markets into places that offer a variety of affordable and healthy food options.