Chicago Chapter of CoreNet Global Hears From World Business Chicago
CHICAGO - When business executives need to decide about where to locate their companies, they navigate a decision-making process that has always been political in nature. But in today's highly polarized political world, these differences have turned into high-stakes rivalries in the commercial real estate market as states, cities and localities vie for jobs and tax revenue. Last week, the Chicago Chapter of CoreNet Global heard from World Business Chicago about business conditions.
LOS ANGELES—Even without the boost of e-commerce, industrial is being propelled by tailwinds into the current year, Colliers’ James Breeze writes in the firm’s latest report on the sector.
IRVINE, CA—Impact fees can run developers upwards of $50,000 per lot in California, a fact that many home buyers don’t know, Developers Research principal Scot Oldham tells GlobeSt.com after he and his wife purchased the company.
SAN DIEGO—There’s about a 75% chance that Fannie Mae and Freddie Mac will emerge from this state of oversight before the end of President Trump’s current term in office, speakers tell attendees at MBA’s CREF/Multifamily Housing Convention & Expo 2017.
SCOTTSDALE, AZ—"The market will adjust" to the CMBS risk retention rule, but B-grade transactions will get greater scrutiny, CommLoan's Mitch Ginsberg tells GlobeSt.com.