October Employment Numbers Point to More Fed Action.

October’s U.S. jobs report continued a months-long streak of gains, but also indicated a slowdown, said the @mortgage_bankers_association’s chief economist, Mike Fratantoni. “While the pace of growth slowed in September to 263,000, this is still faster than can be sustained in the U.S. economy over time,” he said. “And other data clearly signaling a slowing economy lead us to forecast a sharp drop in job growth over the coming months.”

In a research brief Friday, @marcusmillichapinc observed that both the unemployment rate and broader underemployment measure fell back to multi-decade lows in October. “A decline in the number of people without a job or seeking additional hours reflects a general lack of labor supply,” according to Marcus & Millichap. “This imbalance is supporting elevated wage growth and contributing to inflation.”

For more details follow the active link in our profile~

#ConnectCRE #CRE #CREnews #EmploymentNumbers

Blackstone Wraps Up $3.6B Acquisition of Bluerock Residential Growth REIT.

Affiliates of #BlackstoneRealEstate have completed the previously announced acquisition of #BluerockResidentialGrowthREITInc. for $24.25 per share in an all-cash transaction valued at $3.6 billion. First announced last December, the acquisition adds 11,000 units across 30 multifamily properties along with a loan book secured by 24 #multifamily assets to Blackstone’s portfolio.

#ConnectCRE #CRE #CREnews #REIT

The Retail West Agenda Announced!

Next month, leading dealmakers, investors, developers, owners, and more come together at the @luxesunsetblvdhotel to discuss what the future holds for the West Coast Retail CRE Industry!

The Retail West Agenda: Retailer Roundup: Trends for 2023, Everyone's Hungry for Grocery-Anchored Retail, and Investing, Leasing & Transacting: Where do we go from here?

Join us in Los Angeles on November 9th to hear were expansion and development are thriving, where is leasing and transactional activity are up, how you should be planning for the new year, and more.

Register now before Early Bird Registration ends on October 14th!
www.ConnectRetailWest2022.com

#ConnectConferences #CRE #RetailWest2022 #CRERetail

Madison Marquette Focuses on Its Strengths for Future Growth.

@madisonmarquettecre is positioning itself for future growth by refocusing on its roots as a real estate operator, investment manager and retail service provider, and by adding innovative investment programs and cutting-edge technologies.  

The Washington, DC-based investment management and real estate services firm’s renewed focus follows the recent sale of its office services business to global real estate services firm @avison_young_global. As part of that transaction, Madison Marquette will gain access to Avison Young’s data analytics platform.

#ConnectCRE #CRE #CREnews

Retail's New Media Power.

Companies operating consumer-facing brick-and-mortar venues traditionally relied on selling goods and services as their primary revenue stream. But recently, leading retailers have begun to leverage their immense store fleet into a powerful advertising platform.

This report explores several retailers on the cutting edge of the retail media network revolution. Dive in to find out how advertisers can use retail media networks to promote to hard-to-reach consumers, segment their ad spending, and optimize their campaigns.

Read the Full @Placer.ai Report: https://hubs.li/Q01m1Pn40

#cre #crenews #connectcre #placerai #whitepaper

THINGS ARE GETTING STARTED!
Connect Investment & Finance 2022!
On-Site Registration began at 12:30 pm at the @hyattohare!

Join the 250+ local and national CRE leaders that are in attendance for the panels, networking, and cocktail reception.

Connect with your peers and hear from local and national industry experts regarding current and future CRE financing!
www.ConnectInvest2022.com

#CRE #CREInvesting #CRELending #ConnectConference #CREFinance

Cutting Through WFH/Hybrid Work Misinformation.

Depending on what you read, employees are demanding to work from home and remotely, or employers are adamant about getting people back in the office. Away from the emotionally laden headlines, the truth of the matter is that the trend is somewhere in between.

The “2022 @bomainternational COVID-19 Commercial Real Estate Impact Study” questioned 1,200 U.S. commercial office space decision-makers. Despite what headlines and pundits would have anyone believe, employers and employees both are supportive of hybrid work. In fact, more than six in 10 members of each group want to be back in the office at least three days a week.

2022 Boma Study: https://www.boma.org/covidimpact

#ConnectCRE #CRE #CREnews

Report Offers Climate-Risk Assessment Clarity.

The increasing frequency and severity of climate-change-driven weather events is driving the commercial real estate industry toward decisions focused on mitigating climate-change risks.

The challenge? “An array of climate analytics data, software and consulting services have emerged,” along with ever-growing changes in policy and regulations, according to the @urbanlandinstitute.

In an effort to address this challenge, the #ULI partnered with @laSalleinvestment on a recently released report: https://knowledge.uli.org/reports/research-reports/2022/how-to-choose-use-and-better-understand-climate-risk-analytics

#ConnectCRE #CRE #CREnews #ClimateRiskAssessment