NREI Daily NREI/Daily
News and analysis about commercial real estate finance, investment, development and leasing. | |
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| February 28, 2018 Top Story By Elaine Misonzhnik, Executive Editor Thirty percent of JLL’s survey respondents ranked those property sub-types as “extremely desirable,” and another 56 percent ranked them as “very desirable.” FULL ARTICLE |
Analysis By Beth Mattson-Teig, Contributing Writer Year-to-date returns dropped to negative 9.5 percent as of Feb. 22 in what has been a turbulent start to the year for the stock market. FULL ARTICLE |
NREI Wire Bloomberg This year through Feb. 23, there were $3.67 billion in sales of commercial properties south of 96th Street in the borough, compared with $2.63 billion in the first two months of 2017. FULL ARTICLE |
Bloomberg Facing a crush of vacancies—and the rise of e-commerce—retail landlords are beginning to cut rents, the executive said in a memo. FULL ARTICLE |
Must Reads By NREI Staff Kushner Cos. is in talks to acquire the portion of 666 Fifth Ave. that is does not already own, according to the Wall Street Journal. The Federal Reserve is taking another look at rate projections, CNBC reports. These are among today’s must reads from around the commercial real estate industry. FULL ARTICLE |
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