SIOR Weekly

CRE News

BofA says commercial real estate looks better after overheating

Bloomberg

While at a Goldman Sachs Group Inc. conference this week, Bank of America Corp. CEO Brian Moynihan shared that the bank is increasing its exposure in CRE. "While the market had been 'overheated,' the bank now sees some opportunities," Moynihan said.

Visit https://www.bloomberg.com/news/articles/2018-12-04/bofa-says-commercial-real-estate-looks-better-after-overheating to view the full article online.

Chinese dumped $1 billion of US real estate in third quarter, extending recent retreat

The Wall Street Journal

Rising corporate debt levels and concern over currency stability led the Chinese government to tighten capital outflows. Then, trade tension between Beijing and Washington, D.C., sparked additional selling despite continued Chinese interest in overseas projects and a tentative truce between the two governments.

Visit https://www.wsj.com/articles/chinese-dumped-1-billion-of-u-s-real-estate-in-third-quarter-extending-recent-retreat-1543924802 to view the full article online.

'Opportunity fund' managers favor urban areas, commercial real estate

MarketWatch

Commercial real estate in large urban areas will be the big winner from the tax scheme aimed at boosting investment in needy areas, according to an analysis released in November.

Visit https://www.marketwatch.com/story/opportunity-fund-managers-favor-urban-areas-commercial-real-estate-2018-11-29 to view the full article online.

Revisiting 2018's biggest CRE predictions

Bisnow

Looking toward the new year and considering the new challenges and possibilities 2019 will bring for the CRE industry, Bisnow revisited its commercial real estate predictions for 2018 to determine just how far off it was.

Visit https://www.bisnow.com/national/news/commercial-real-estate/told-ya-so-looks-like-bisnow-nailed-its-real-estate-predictions-for-2018-95532 to view the full article online.

SIOR Happenings

SIOR Pulse: Lessons from a hurricane

Hurricane Michael did significant damage as it made its way through the Gulf of Mexico in October. Here are six significant takeaways from the experience of two companies that endured the storm in the Florida panhandle - St. Joe, a northwest Florida real estate developer and asset manager, and DAG Architects in downtown Panama City.

Visit http://blog.sior.com/lessons-from-a-hurricane/ to view the full article online.

Bright Ideas

Visit https://www.naylornetwork.com/sio-nwl/articles/index.asp?aid=535018&issueID=59285 to view the full article online.

Looking ahead: 6 ways tech could change the real estate process

Forbes

With so many new facets being added to real estate management and interaction, it is critical that those in the industry stay abreast of current changes and available technologies.

Visit https://www.forbes.com/sites/forbesrealestatecouncil/2018/12/05/looking-ahead-six-ways-tech-could-change-the-real-estate-process/#61a212983689 to view the full article online.

With augmented virtual reality, tour your office before it's built

The New York Times

Virtual and augmented reality has been widely popular in entertainment, but their use has lagged in commercial real estate. Only recently have developers, architects, brokers and builders started to use the technologies as a way to save money and time in leasing and construction.

Visit https://www.nytimes.com/2018/12/04/business/augmented-virtual-reality-commercial-real-estate.html to view the full article online.

Investments in your children's future are the best 'gifts' you can give them this holiday

Entrepreneur

Commercial real estate is one of four investment options this article suggests for parents who want to give their kids the gift of financial security.

Visit https://www.entrepreneur.com/article/324257 to view the full article online.

Society of Industrial and Office Realtors