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The effects of inflation and higher interest rates will offset the downward forces of expected strong institutional and global capital flows, says Spencer Levy at CBRE.
Developers and landlords continue to adjust to market forces with creative uses of space, ranging from restaurants and entertainment to grocery and consignment in the DFW market.
Growth in the market will be much slower than the last upswing; most companies are going to remain cautious, even with a great deal of supply and if oil gets to $80/barrel, says McGee in this <b>EXCLUSIVE</b>.
Maefield Development and Fortress Investment Group are buying out the Witkoff Group and Winthrop Realty Trust in the hotel project at 20 Times Square, currently under construction.
"Andaz Maui, Grand Hyatt San Francisco, and Hyatt Regency Coconut Point are exactly the type of iconic real-estate we target and are located in what we believe are some of the best near-term growth markets in the US.”