Last year was momentous for the real estate debt and equity markets as both exhibited signs that investors are slowly beginning to return. This year should be no less interesting.
Sustainable energy financing districts offer commercial building owners and homeowners low-interest loans for energy-efficiency projects—a creative way for owners to finance solar, wind, or geothermal energy upgrades to their properties and for cities or counties Energy to meet their mandated need to reduce greenhouse gases and be energy independent.
Over the past two years, world economies have become more interdependent than ever before, as shown by the unraveling of financial markets across the globe. The real estate program at the University of Wisconsin School of Business has created a new global real state master (GREM) program tailored to meeting the needs of the next generation of industry leaders.
What is looking like a jobless recovery will spell a tepid economic rebound that will not fill buildings. The shakeout period for commercial real estate is now expected to extend several years. Unlike the last crisis, in which overbuilding affected new product, this time around vacancies are affecting the entire built environment, new and old alike. Owners without long-term leases to bridge the downturn will have a hard time surviving 2010.
With the current undersupply of available joint venture equity capital, operators need to speak with the full array of potential equity investors, as well as with their existing joint venture equity partners.
Despite some initial signs of a return to stability, conditions in the U.S. commercial real estate capital markets are as severe as ever—and likely to remain that way.
In the current climate of economic distress,a common refrain among anxious observers is that the next shoe to drop will be commercial real estate, whose complex financing over the past decade has yet to be unraveled and, in the end, could send already fragile financial giants into a five-spiral crash.
With U.S. cities increasingly strapped for cash, it comes as no surprise that community benefit districts (CBDs) are gaining in popularity. But will CBDs redefine America’s cities of the future? A growing number of property owners think so.
Five real estate experts discuss issues surrounding the office market downturn, including how it differs from previous ones, the prospects for recovery and indicators to be on the watch for, where the office market is expected to recover first, whether the current downturn will change the way tenants lease properties even after the office market recovers, and what office building owners should focus on to make it through the rest of the recession.