More than half (54 percent) of young people about to graduate from college plan to move back home to live with their parents, according to a new report from Apartment Guide.
The drop in interest rates is creating favorable ripple effects across the commercial real estate market in terms of lowering the cost of capital. Some foreign investors could also cash in on hedging costs that have moved significantly lower over the past several months.
The good times for the hotel sector are expected to keep on rolling, but they likely won’t get much better. “We see continued growth—at a much slower level,” says Jan Freitag, senior vice president of lodging insights for data firm STR, based in Nashville, Tenn.
The U.S office market continued to experience accelerated growth in the second quarter, with 17.1 million sq. ft. absorbed, bringing the year-to-date total to 66.5 million sq. ft. Vacancy dropped to 12.2 percent nationally—the lowest level in 18 years, according to a second quarter office report from real estate services firm CBRE.
Some family offices might be at a severe disadvantage when it comes to taking advantage of tax benefits derives from commercial real estate investments.
Sam Walton would probably be bewildered by the businesses his grandchildren have chosen to pursue, but the late founder of the world’s largest family fortune would likely have applauded their initiative.
