ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailRealPage software is used to set rental prices on 4.5 million housing units in the U.S. A series of lawsuits allege that a group of landlords are sharing sensitive...
Home Depot Taking Over Shuttered Jacksonville K-Mart – Connect CRE
Home Depot intends to demolish a former Jacksonville K-Mart that had been there, empty, since 2016 and build a 133,123-square-foot home improvement center that includes a 25,225-square-foot garden center on the 11.5-acre site at 9600 San Jose Blvd. The application...
Concord Summit Secures Refi for Delray Beach Retail Center – Connect CRE
Concord Summit Capital arranged an $18.5 million 5-year fixed-rate loan to refinance the newly rebranded Delray Corner retail center located at 14802 S. Military Trail in Delray Beach, Florida. Concord Summit’s Justin Neelis sourced the CMBS financing on behalf of...
Rental markets are softening, but half of U.S. tenants spend more than they can afford, Harvard report finds
Sneksy | E+ | Getty ImagesRent prices are coming down in some areas, but not at the pace needed to relieve tenants struggling to pay rent.Half of renters in the U.S. spent more than 30% of their income in 2022 on rent and utilities, according to the new America's...
IMF expects new housing demand in China to drop by around 50% in the next decade
Pictured here is a real estate project under construction in Huai'an, China, on Jan. 21, 2024.Nurphoto | Nurphoto | Getty ImagesBEIJING — Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly bolster...
Japan’s Aozora Bank hits near 3-year lows as bad U.S. property loans prompt loss forecast
The Aozora Bank Ltd. headquarters in Tokyo Japan, on Thursday, Feb. 1, 2024. Japan's Aozora Bank became the second lender in a span of hours to surprise investors with losses tied to US commercial property, sending shares down by the limit and heightening concern over...
Rental markets are cooling, but it ‘doesn’t mean they’re falling,’ Harvard researcher says. Here’s what that means for renters
Recep-bg | E+ | Getty ImagesRent costs are beginning to come down after record-high asking prices."Rental markets are cooling, but in a lot of places, it doesn't mean they're falling. It means they're growing at a slower pace," said Whitney Airgood-Obrycki, a senior...
St. Pete Lands 1st Whole Foods – Connect CRE
There are over 500 Whole Foods Markets in the USA. St. Petersburg is getting its first. The 40,100-square-foot store near St. Pete’s Old Northeast neighborhood is the product of a retail redevelopment. It is in the building of what was once Suncoast Fitness. The Tampa...
Dania Beach Apartment Build Proceeds with $55.6M Loan – Connect CRE
The first phase of the 101 Dania Beach apartments is moving forward after the developer secured a $55.6 million construction loan. Israel Discount Bank of New York provided the mortgage to Apollo Cos. and Liberty Base Investments. It covers the 1.89-acre site spanning...
India’s government isn’t feeling ‘big pressure’ to announce a major scheme to make people happy: HSBC
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailPranjul Bhandari, chief India economist at the bank, says that's because "incomes haven't fallen that much, as was feared a couple of months ago." Source...


