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LinkedInMarket Stat: Developers Have Pivoted to Repositioning Vacant Space in Lieu of Ground-Up Development JOSHUA OHL (via CoStar Group) The past four quarters have averaged less than 400,000 square feet of retail space under construction. Only 378,000 square feet of retail space is under development in San Diego. This is the lowest figure since the […]
As Recession Fears Rise, Here’s the Lowdown for Real Estate
By Clare Trapasso | Aug 26, 2019 Ty Wright/Bloomberg via Getty Images; realtor.com It seems that whenever you pick up a newspaper or turn on the news these days, a scary word hits you in the face: “recession.” Germany is already teetering on the brink of recession; an unruly exit from the European Union this fall could cause […]
Bill Limiting Rent Hikes Clears Another Legislative Hurdle
Closely Watched Legislation Is Among Measures Tackling Affordable Housing Shortage AUGUST 30, 2019|LOU HIRSH (Via CoStar Group) California Gov. Gavin Newsom has supported legislation aimed at controlling rent increases. (Getty Images) California is barreling toward becoming the third state to pass rent control, as a closely watched state measure limiting rent increases passed a key […]