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Month: December 2016

CBRE & Colliers Negotiate a Restraining Order Over Hiring of Senior Broker

December 21, 2016 0

The Nashville chapters of CBRE and Colliers have negotiated a restraining order that prohibits a Nashville real estate broker from accessing certain files and contacting certain people […]

Hotel Stock Index Jumps 11.8% in November, Up by 12.3% Year-to-Date

December 21, 2016 0

Hotel stocks have benefited from recent gains in the stock market, with the Bair/STR Hotel Index increasing 11.8% in November to 3,474, outperforming both the S&P […]

The Growing Burden of Renting: 2.7 Million Tenants Faced Eviction Last Year

December 14, 2016 0

The hot real estate market isn’t just posing a challenge to buyers, but also to renters. According to new research by real estate firm Redfin, an estimated […]

Cannabis Legalization Drives Up Industrial Real Estate Prices

December 13, 2016 0

The recent legalization of marijuana is California, Colorado and Oregon is proving to be a major boost for owners of industrial real estate properties, according […]

Real Estate Markets with the Biggest Price Reductions

December 13, 2016 0

Realtor.com analyzed 300 metropolitan areas for price reductions on existing real estate listings. The list was used to rank the top 10 markets with price discounts. 1. […]

Facebook to Double its Office Space in Seattle

December 11, 2016 0

Facebook signed an agreement with Paul Allen’s Vulcan Real Estate to be the sole office tenant of its new $246 million Arbor Blocks project, reported the Seattle Times. The […]

Home Prices Exceed 2006 Peak, but are 16% Lower When Adjusted for Inflation

December 10, 2016 0

U.S. Home price have surpassed their previous peak levels reached in July 2006, according to the benchmark S&P Case-Shiller CoreLogic National Index. However, the new peak […]

Ben Carson Nominated for Secretary of Housing & Urban Development (HUD)

December 6, 2016 0

President-elect Donald Trump has nominated retired neurosurgeon and former presidential candidate Ben Carson to the position of HUD Secretary, reported CNN. Both the the National Association […]

Verizon to Sell Data Center Portfolio to Equinix for $3.6 Billion

December 6, 2016 0

Verizon will sell a portfolio of 24 data center sites to data center giant Equinix, Inc. for $3.6 billion in an all cash transaction, reported […]

Blackstone Group to Issue IPO for its Rental Properties Business

December 6, 2016 0

Blackstone Group will sell a part of its residential rental properties business through an IPO, reported the Wall Street Journal. Blackstone Group went on a […]

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