Articles
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3 days ago |
bisnow.com | Matt Wasielewski
U.S. stocks rallied Monday after President Donald Trump’s administration announced it had reached a trade agreement with China. The three major U.S. stock indexes have recovered all of their losses since April 2. The two countries agreed to cut the massive tariffs imposed on each other’s imports for 90 days, the White House announced.
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3 days ago |
bisnow.com | Matt Wasielewski
Commercial real estate’s biggest brokerages posted strong first-quarter results, largely beating expectations and offering an early indicator that a market recovery is in the making. But despite robust first-quarter growth, the firms also hedged their expectations for the rest of the year as macroeconomic uncertainty casts a shadow over the financial bright spots that emerged at the start of the year.
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6 days ago |
bisnow.com | Matt Wasielewski
The wave of pandemic-era warehouse development will weigh on the industrial sector in the near term, but stabilization is expected by the end of the year, according to a new report from Colliers. Despite rising vacancy, industrial asking rents are up 6% year-over-year. Industrial vacancy, at 7.1%, is at its highest level since 2015, but the 14-basis-point increase from the previous quarter was the smallest since the end of 2022.
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6 days ago |
bisnow.com | Matt Wasielewski
One of the appraisal industry’s primary trade groups for years ignored sexual harassment claims against a senior executive, a lawsuit filed Thursday alleges. The Appraisal Institute, which provides licensing classes to industry professionals, is accused of ignoring or failing to appropriately respond to several complaints from multiple women about what they deemed to be inappropriate interactions with Craig Steinley, a former president and current vice president of the nonprofit.
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1 week ago |
bisnow.com | Matt Wasielewski
Officials at the Federal Reserve on Wednesday resisted pressure from the White House and left the central bank’s benchmark interest rate unchanged — but also warned of worsening economic indicators and deepening uncertainty. This week's meeting is the third in a row at which the Fed has opted not to cut the federal funds rate, the outcome expected by most analysts despite general concern about the economy.
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