Category Archives: Commercial Real Estate

Employment Momentum, Accelerating Wages Support Real Estate Performance Outlook

Follow us:  Research Brief January 2017 EMPLOYMENT Important Factors ■ December employment growth of 156,000 jobs moderated from the pace seen through much of 2016. Yet, given that the economy is approaching full employment, job creation above 100,000 positions per month is more than enough to match labor force growth. ■ Education and health services […]

Hiring Positive but Restrained by Tight Labor Market; Wage Pressure Emerging

October 10, 2016 Hiring in September reaffirmed that job creation is moderating from the elevated levels of the past two years. The downshift to a more tempered pace likely reflects a shortage of qualified workers as unemployment hovers near 5.0 percent. Accelerated wage gains offer some evidence that employers are competing vigorously to fill positions, […]

First Deals Under New CMBS Rules Clear Hurdles, Lending Spread Ease

September 19, 2016 Commercial mortgage-backed security (CMBS) financing slowed dramatically in the first half of 2016 as volatility roiled the debt markets. In addition, new rules governing CMBS issuance that take effect at the end of this year also created uncertainty in the marketplace. However, the first CMBS offerings that comply with Dodd-Frank risk retention […]

Elevated Home Sales Push Pricing, but Falling Homeownership Rate Boosts Rental Demand

August 29, 2016 Existing single-family home prices marked moderate gains in July, moving back into alignment with the pre-recession peak. Though home prices ticked up, existing home sales dipped for the first time since November 2015 as limited available inventory weighed on further progression, keeping many households in apartments. Steady job creation over the last […]