Despite a slowing global economy, forward economic momentum in the U.S. should keep commercial real estate activity on firmer footing, according to the National Association of REALTORS® quarterly commercial real estate forecast.
Lawrence, Yun, NAR chief economist says commercial activity should progress at a gradual pace heading into 2015. “Solid economic growth in the third quarter proved that the second quarter wasn’t an anomaly, as business spending increased, commercial construction rose and the labor market continued to make positive strides,” he said. “Job growth is the catalyst to improved demand for commercial real estate leasing and new construction projects.”
Join us for a networking event at Cortex. We’ll take a look back at 2014 and look forward to 2015. STLCR thank’s you for your membership.
Date: Thursday, November 20th
Time: 4:30pm – 6:30pm
Where: Cortex | 4240 Duncan Ave. | 63110
Cost: STLCR Members – No Cost
Click here to reserve your spot.
The phrase, “All politics is local” is a fitting way to describe yesterday’s General Election. Missouri voters faced a ballot that was not headlined by a presidential, senatorial, or gubernatorial race for the first time since 1990. The only state-wide race on the ballot, the re-election of Republican auditor Tom Schweich, was not contested by the Democrats. And none of Missouri’s eight Congressional incumbents faced a credible challenge. Voter turnout was driven at the local level by a county executive’s race, two competitive state senate races, and a handful of competitive state house races.
Click here for the full report.
Online debt and equity investing – also known as crowdfunding – is coming to the world of commercial real estate. Find out how innovations in 3D printing are enabling developers to build the future. Also access Commercial Market Survey results, a timeline on Lease Accounting, and a roundup of tech solutions including RPR Commercial and the REach® Class of 2014.