Weekly News Roundup Data Center Construction Boom As artificial intelligence and cloud storage hoover up more and more space on the nation’s computer servers, real estate developers are racing to build new data centers or convert existing buildings to data uses. The need is so great, they’re having a hard time keeping up with demand…
Weekly News Roundup Investors Returning to Real Estate Are investors returning to the commercial real estate market? A new report from Colliers suggests that they are. And that’s good news for those looking for a turnaround in today’s challenging commercial real estate market. A good example? Investment activity in the multifamily sector has increased. According…
Weekly News Roundup Fed Cuts Rates The Federal Reserve has issued its first interest rate cut in four years, kicking off an easing cycle that is already making new mortgages more affordable. Fed policymakers announced the half-point rate cut on Wednesday, bringing the central bank’s effective benchmark rate to about 4.8%, down from a two-decade…
Weekly News Roundup 3-D Printing Buildings Click Here for YouTube Discussion on the 3-D Printing Buildings A Walmart Supercenter’s new expansion is one of the largest 3-D printed commercial real-estate projects in U.S. history. Its bumpy road to completion illustrates the new technology’s promise and shortcomings. The retail giant added the 8,000-square-foot space to its…
Weekly News Roundup Recipe for a Housing Crash Click Here for YouTube Discussion on the Crash A primary mistake that fueled the housing bubble of the Great Recession was the rush to lend money to homebuyers without regard for their ability to repay. But the evidence also shows that it would be incorrect to describe…
Weekly News Roundup Office Market Stabilizing Click Here for YouTube Video Commentary A growing cohort of corporate tenants is recommitting to large blocks of commercial real estate, helping to lay the foundation for a recovery of the national office market. Across the United States, renewal deals among large tenants including Bank of America, mortgage giant…
Weekly News Roundup New Home Sales Rules Click Here for YouTube Video Commentary New rules for the residential real estate market mean that since Saturday, anyone in the market to buy or sell a home will encounter unfamiliar processes, and possibly a bit of confusion. The “practice changes” stem from a 2023 legal decision over…
Weekly News Roundup San Francisco Hotel Distress Click Here for YouTube Video Commentary San Francisco’s hospitality business imploded during the pandemic. Now, its hotel owners are drowning in bad debt as never before. In the city’s metropolitan area, the delinquency rate among commercial mortgage-backed security loans for the lodging sector skyrocketed to 41.6% in June…