Supply Influx, Demand Erosion Challenge Lodging
IRVINE, CA—The nation’s top destination for tourism is also among the hotel markets in which Ten-X thinks it might be a good time to sell.
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IRVINE, CA—A surprise frontrunner in April was the hotel sector, which over the past several months has been “stuck in a prolonged slump,” says Peter Muoio at Ten-X.
IRVINE, CA—Vacancies have been low all cycle, and absorption has been robust, allowing the West and Southern California to digest fully the new supply coming on line, Ten-X’s Chris Muoio tells GlobeSt.com.
LOS ANGELES—Most recently head of structured real estate investments at Barings, Jamie Henderson is now president and CIO of Ares Management’s mortgage REIT.
SAN DIEGO—The talent wars are here to stay, and intellectual capital is king, so more effort must be put on building your team, Cultura’s Anne Benge tells GlobeSt.com.
WASHINGTON, DC--One interpretation suggests that the Fed will still continue to raise rates as this is likely just a brief period of sluggish growth.
Middle Market Digest
Here’s a look at this week's trends, announcements and deals that you may have missed in the country’s North West region.