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Panelists in the opening economic session held Thursday morning at RealShare Apartments 2017 say that the growth beyond where we are at today is going to be in the urbanizing nodes of secondary cities.
Most of the proposed development is planned on properties that are publicly owned or owned by private development companies with a scale that respects neighboring, existing uses as well as Trenton's 250 Master Plan.
This is the region's eighth consecutive year of positive absorption, with very little new supply added to market, causing vacancy rates to tighten and rental rates to rise, JLL's Tony Russell tells GlobeSt.com.
Lenders are beginning to lower the maximum LTV and increase DSCR, keeping rental-rates flat and allowing landlords to reserve for tenant improvements in case a property needs to be repositioned during the term of the loan, Money360's Gary Bechtel tells GlobeSt.com.
Counter to the nationwide trend, the institutional-investor share of single-family home purchases increases from a year ago 31% in 37% of zip codes analyzed in ATTOM Data's latest report.
Bank of America Center remains one of the most recognizable, iconic structures and continues to be competitive for prestigious tenants in Houston, including TransCanada which recently expanded there.
With the aging population often in need of healthcare products to be delivered, more companies are adding space to accommodate operations, leading a medical company to lease Lower Tollway space.
“Market momentum has continued in 2017, with strong demand from borrowers and a strong appetite to lend,” says Jamie Woodwell with the Mortgage Bankers Association.