Economy

Some of the you should take will include an overall review of your investment plan to reducing your exposure stocks and shift more into bonds; or updating your will and end-of-life-documents.

Housing will continue to be a hot topic this year as millennial home ownership remains slow and the stage is set for the 2020 election.

While noting that the college's current budget is balanced and its $52-million endowment has been strong, the harsh financial realities of small universities in the United States could not be ignored.

The industry has been slow to adopt disruptive technologies and construction productivity has become stagnant but a change is beginning to take place.

“Although the financial markets were highly unpredictable, commercial real estate performed the way it has for most of the past several years – with steady growth supported by strong fundamentals,” says Jason Wolf, founder and managing principal of WCRE.

2018 was a particularly good year for the Manhattan office sector, according to Cushman & Wakefield's latest market reports.

The year ended with stock market volatility and a government shutdown, but real estate experts still see compelling economic fundamentals heading into 2019.

Despite the rising rents, vacancy rates remained stable at about 14.5%, CBRE's research says, although class A vacancy rates declined from the third quarter.