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How Project Destined Is Changing the Face of Commercial Real Estate

How Project Destined Is Changing the Face of Commercial Real Estate

by Third Party | Jan 22, 2023 | Commercial Real Estate News, Industry Updates

Source: Yahoo! Life —  Project Destined students and team members gather during their November visit to the U.S. Bank headquarters. U.S. Bank team members pictured: Zack Boyers, Kristy Carstensen, Greg Cunningham, Troy Remington. Originally published on U.S....
University of California’s $4-billion real estate investment will worsen housing crisis, unions say

University of California’s $4-billion real estate investment will worsen housing crisis, unions say

by Third Party | Jan 22, 2023 | Industry Updates, Real Estate News

Source: Los Angeles Times —  With property values sinking, investors rushed to withdraw money from a real estate fund managed by private equity giant Blackstone last month. But the fund soon found a savior in the Golden State: The University of California poured...
Global property market faces $175 billion debt spiral

Global property market faces $175 billion debt spiral

by Third Party | Jan 22, 2023 | Industry Updates, International Real Estate News

Source: Crain’s Chicago Business —  (Bloomberg)—The slump in the world’s biggest asset class has spread from the housing market to commercial real estate, threatening to unleash waves of credit turmoil across the economy. Almost $175 billion of real estate...
Here’s What Proposed FTC Ban on Noncompete Clauses Could Mean for Real Estate Brokers

Here’s What Proposed FTC Ban on Noncompete Clauses Could Mean for Real Estate Brokers

by Third Party | Jan 22, 2023 | Industry Updates, Real Estate Agent Tools

Source: CoStar —  For most U.S. real estate brokers, job hopping is part of a successful career where executives can negotiate bigger paychecks — and a more important-sounding title — at a new company once they have proven themselves to the industry. But...
Price Growth in International Cities Set to Slow, but Trophy Properties Will Help Protect Prime Markets

Price Growth in International Cities Set to Slow, but Trophy Properties Will Help Protect Prime Markets

by Third Party | Jan 21, 2023 | Industry Updates, Real Estate News

Source: Mansion Global —  Although international luxury real estate markets are set to take a hit in 2023, the lack of available blue-chip properties will help keep prime prices afloat, according to Savills. Indeed, high-end residential real estate is expected...
How will the recession impact commercial real estate?

How will the recession impact commercial real estate?

by Third Party | Jan 21, 2023 | Commercial Real Estate News, Industry Updates

Source: MPA Mag —  High interest rates and a potential recession will make this year a challenging one for commercial real estate, an industry pundit said. Richard Barkham, global chief economist for CBRE, predicts a recession for next year that will only...
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