Construction of industrial facilities measuring 1 million sq. ft. or more is strongest in large industrial markets that benefit from the booming e-commerce trend. Since 2010, nearly 90 million sq. ft. of these mega facilities have been completed in the top 10 markets.
Year’s Most Important Commercial Real Estate News as Determined By CoStar Readers
By CoStar News Staff
December 29, 2016
For all its ups and downs, U.S. commercial real estate enjoyed another banner year in 2016, thanks in large part to the unprecedented run in multifamily rents and property values and the fact that the U.S. continues to be viewed as a ‘safe haven’ by global property investors.
By 2019, there will be more Hispanics in Texas than Anglos, according to Pablo Schneider, CEO of the Wider Net.
If you add up all the minorities — Hispanic, African American, Asian — they already make up a larger percentage of the population than white people in Texas, and a handful of other states. Schneider said by 2040 that will be true for the entire nation as the U.S. continues to become more of a multicultural society.
Read more at Dallas Business Journal.
It’s the topic on every banker and investor’s mind following the election, in which Donald Trump took the Gold.The Debt King and President soon-to-be has publicly vowed to repeal the 2010 Dodd Frank Act on his website and while campaigning. You’d think the loosening of lending standards and regulations would be seen as an ideal for major banks and lenders, but not for all.
Read more at Llenrock.