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Net-zero-energy (NZE) buildings were the focus at a recent conference in California, a state that has mandated that all new commercial buildings must be net-zero energy by 2030, and 50 percent of the existing commercial structures must be retrofitted.

The White House Conference on Resilient Building Codes, held recently in Washington, D.C., is expected to raise awareness of the critical need for building codes to encourage urban development that is more resilient to the impacts of climate change. The event featured a discussion by Obama administration officials and public and private sector representatives of the key role of building codes in furthering community resilience.

Spreads reported by Trepp LLC remain “range-bound” at an average spread of 207 basis points over 10-year Treasuries. The Cushman & Wakefield Sonnenblick-Goldman Survey shows rates coming in slightly with lenders seemingly ready to lend at attractive spreads if the right deal comes their way.

The Commercial Mortgage Alert Trepp weekly survey of 15 active portfolio lenders remained basically unchanged with an all-in cost of 5.50% remaining very attractive.

The Commercial Mortgage Alert Trepp weekly survey of 15 active portfolio lenders widened 5 basis points (0.05%) while Treasuries narrowed. Net, net: financing remains available at attractive rates (5.25%+/-).

The Commercial Mortgage Alert Trepp weekly survey of 15 active portfolio lenders was mixed with some widening and some narrowing between October 22nd and October 29th. During the period, 10-year Treasury bond yields came in 5 basis points, with average all-in cost equal to 4.83 percent.

The Trepp LLC survey showed spreads unchanged during the most recent survey period as the markets spent the week either waiting on the Facebook initial public offering or the imminent default on its obligations by some or all of the southern portion of Europe.

This may come as a surprise, but the largest private equity investor over the past five years is the Canadian Pension Plan Investment Board (CPPIB). According to a study conducted by Private Equity International, CPPIB has allocated 18 percent—or $26.2 billion—of its investable funds to private equity since 2009.

What will be the changing role of retail in the current economy? Six leaders in the area of U.S. commercial and retail real estate development discuss the retail market in the wake of the current recession— including what kinds of retail are likely to succeed, how cities and suburbs are faring, and how demographic shifts affect retail business— and offer insights into how retailers can adapt in the new economy, especially given the rise of online shopping.

Contributing their expertise are James Bieri, president and CEO of the Bieri Company in Detroit; Anthony Buono, executive managing director of CB Richard Ellis in San Diego; Brad Hutensky, president and principal of the Hutensky Group in Hartford, Connecticut, and past chair of ULI’s Commercial and Retail Development Council (Blue Flight); Carol Schillne, first vice president of CB Richard Ellis in Anaheim, California; Ellen Sinreich, president and CEO of Green Edge LLC in New York City and current chair of the Commercial and Retail Development Council (Gold Flight); and Peter Thomas, founding principal and CFO of Vestar in Phoenix and past chair of the Commercial and Retail Development Council (Green Flight).

New U.S. home sales among the 50 top-selling master-planned communities increased by 7 percent compared with the pace set by the top communities in the first half of 2022