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ReportL 2020 Sees Dip in Tall Building Completions

Construction Junkie

Central Park Tower, New York City. For the second straight year, the world has seen a decrease in the number of tall buildings completed, according to a new report from the Council on Tall Buildings and Urban Habitat (CTBUH). Photo by Itrytohelp32 , CC BY-SA 4.0.

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Increasing Home Values Lift 1 Million Homes from 'Underwater' Status

Pro Builder

Chicago, Philadelphia, and New York experienced the largest declines in underwater homes during that period, reports National Mortgage News. There remain pockets of the country where housing debt-traps are widespread. Now, with home values up, there remains 2.25 million underwater homes, but it’s down from 3.5

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

As a result, the report anticipates that 2014 may be the year that many investors who have traditionally focused mainly on large established markets such as Boston, Chicago, Los Angeles, New York City, San Francisco and Washington, will be expanding their focus to other cities in order to protect capital. The post U.S.

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Colliers International Predicts Moderate Growth For The Global Economy In 2014

Buisness Facilities Contributed Content

” Key takeaways from Colliers’ 25 Predictions for 2014 report include: European Economy Overcomes Recession, Strengthens Investment: With the debt crisis in Europe dwindling, strong demand will drive recovery in the U.K., The office sector will also see growth in demand and rents rising 10 to 16 percent in the next year.

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High Global Investor Confidence, Increased Interest In The U.S.

Buisness Facilities Contributed Content

A large amount of capital is flowing from high-risk nations into more liquid safe-haven markets, especially gateway cities such asLondon, Tokyo, Sydney, and New York City which remain popular destinations for both cross-border and local capital. as retailers look to expand into new markets. and Latin American investors.

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Bootstraps for Building

Business Facilities

In the Allentown project, according to a report in The New York Times , revenues from tenants’ tax bills will be used to pay down some of the debt incurred during the cost of construction of a development that is bringing 600,000 square feet of new office and retail space to the heart of Allentown.

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Steady Optimism Among U.S. Commercial Real Estate Executives, Increased Investor Appetite

Buisness Facilities Contributed Content

REITs are expected to continue to serve as a leading source of real estate debt and/or equity funding while banks also are projected to boost funding in 2014. Respondents predict that the industrial sector will see an influx of activity, closing the second most deals during the year, followed by the retail, hospitality, and office sectors.