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Fed Boosts Rates in June – What Commercial Real Estate Players Need to Know
In a move that was of little surprise to commercial real estate experts, the Federal Reserve raised short-term interest rates for the third time in six months.
Delays on Apartment Projects Keep Vacancies Low, For Now
A surprising number of the apartments that developers planned to build back in 2014 still haven’t begun leasing in 2017.
Seattle Complex Sells in King County’s Second-Biggest Apartment Sale of the Year
The nation’s largest owner of student apartment properties has paid $112.1 million for a 283-unit complex next to the University of Washington’s Seattle campus.
Multi-family Rent Growth Reaches Six-Year Low
Though May was the third consecutive month national multifamily rents increased, the rate at which rents grew continued to cool.
Seattle Proposes Another Ordinance Requiring Landlords to Provide Voting Information
The Seattle City Council is proposing another ordinance putting yet another requirement on landlords in the city this time to provide information to tenants about how to register to vote and how to update voter registration information.
Up to 25 Percent of US Shopping Malls May Close in the Next Five Years, Report Says
According to a new Credit Suisse study, between 20 percent and 25 percent of America’s shopping malls will close in the next five years.