Private investor acquires fully leased retail center near Lincoln, Nebraska
Sale/acquisition of the year for Lincoln
A private investor has acquired a retail center near Lincoln, Nebraska, that was fully leased at the time of sale and received multiple inquiries from potential buyers.
Lighthouse Autism Center provides therapy resources at former school building in Nebraska
Lease of the year for Lincoln
A building previously occupied by Lincoln Public Schools now houses a new location for Lighthouse Autism Center.
Press Pickleball Club drives economic growth while preserving building history
Redevelopment of the year for Spokane
A vacated commercial space, previously a production facility for the Spokesman-Review newspaper, has been adapted into a community-driven pickleball palace called the Press Pickleb...
Clearwater Paper Corp. lease encourages employees to return to office
Lease of the year for Spokane
A return to in-person work at the office was clear with Clearwater Paper Corp., a paperboard packaging supplier focused on servicing independent converters in North America, as it ...
West Plains Logistics creates job opportunities and strengthens the eastern Washington economy
Commercial development of the year for Spokane
An industrial space dedicated to warehousing, distribution and manufacturing has already attracted businesses to lease at 10015 W. Hallett Road.
Ministry plans to transform gentlemen's club to safe haven for women
Sale/acquisition of the year for Spokane
A shift toward empowerment, protection and support for vulnerable individuals is symbolized by the sale of a former gentleman's club at 8722 E. Sprague Ave. to the Helping Captives...
River Landing rental townhouses expand choices to meet region's housing demand
Multifamily development of the year for Spokane
More families and individuals will have the opportunity to reside closer to retail and entertainment venues in the Spokane area thanks to the River Landing Townhome Collection.
Banks’ commercial property loan delinquency hits 10-year high
Charge-offs hold steady, signaling reluctance to take losses
U.S. banks reported the highest percentage of delinquent commercial real estate loans in 10 years for the fourth quarter, according to Federal Reserve data.
Banks appear ready to loosen lending standards
Loan demand expected to pick up across commercial property types, Fed survey says
U.S. banks appear ready to approve more commercial real estate financing in 2025.
Deal volume in 1031 property exchanges falls to 12-year low
High interest rates have restricted popular tax-advantaged deals
Years of high interest rates have taken their toll on 1031 exchange transactions, deals popular in commercial real estate because they let investors defer capital gains taxes when ...
Most real estate employers expect artificial intelligence to transform their businesses
Survey finds technology could replace many roles
The World Economic Forum’s recent Future of Jobs Survey revealed that 86% of employers expect artificial intelligence and information processing to transform their business by 2030...
Foreclosures tick up, led by Nevada, New Jersey and Florida
Filings nationally for October remain 11% lower than 2023
Foreclosure filings rose 4% in October compared to the month prior, but remain down 11% from a year earlier, new data shows.
The latest real estate landscape, according to the Fed
Policymakers report on the health of regional economies
Total economic activity has not fluctuated wildly across the country since early September, according to the Federal Reserve in its most recent Beige book — policymakers' periodic ...
Hurricane Milton could end up wrecking as many as 500,000 homes in Florida
Residences in some of the hardest hit counties were built before Florida changed its building codes
About 500,000 residential properties in Florida's Tampa Bay and Sarasota areas are at risk of storm surge flooding after Hurricane Milton made landfall with Category 3 strength on ...
Virginia, Arizona lead in homeownership gains
Both states see growth rate top 8% from 2020 to 2024, U.S. Census Bureau says
Virginia and Arizona have outpaced the nation as a whole in homeownership gains since the onset of the COVID-19 pandemic, new U.S. Census Bureau data shows.
Apartment investing conditions improve, Freddie Mac says
Long-running finance measure from lending giant jumps 2.2% on annual basis
The Apartment Investment Market Index, a measure of nationwide financing conditions created by lending giant Freddie Mac, has grown on a yearly basis in four straight quarters for ...
Education spending rose at a faster pace than housing
But housing costs still account for 33% of all expenditures in most recent data
U.S. consumer average annual expenditures rose 5.9% from 2022 to 2023, according to a new data release from the U.S. Bureau of Labor Statistics. During this same period, average in...
Real estate fraud declines during slowdown in housing market
But those victimized can lose larger sums of money
Real estate fraud accounted for 9,521 complaints in the FBI’s Internet Crime Complaint Center annual report for 2023. This was a decrease in the number of incidents reported in 202...
How did past interest rate cuts affect commercial property? Check out these six charts.
Federal Reserve’s half-point cut starts the clock on improving market conditions
In this century, it has taken anywhere from 1 1/2 to 3 1/2 years for commercial property sales volume and prices to begin increasing following interest rate cuts.
Nearly half of all renters spent more than 30% of their income on housing
Burdens differed by racial group
Nearly half of all renter households in 2023 spent more than 30% of their income on housing costs, with some racial groups bearing the burden more than others, according to new sur...