“As expected, federal interest rates took their second cut since July of this year, now lowered to 1.75-2 percent. The Committee cited muted inflation and economic outlook; however, President Trump was still less than pleased. The Federal Open Market Committee has lowered interest rates just twice since the Great Recession. As far as the impact on CRE pricing, lower job growth numbers would be the determining factor, say economists. This safety measure of cutting rates and low borrowing costs should not give lenders leeway to refrain from evaluating property and market criteria of individual deals, regardless of liquidity.”

-Adam Abushagur

 

I N D U S T R I A L   N E W S

Marcus & Millichap’s Nadji: Strength of Economy Discounts Recession Risk

Connect Media – September 17, 2019

    Read More

Fed Cuts Interest Rates for Second Time in 7 Weeks

Commercial Property Executive – September 18, 2019

   Read More

The top-performing CRE sector right now

Millon Acres- September 17, 2019

 Read More

T E X A S   N E W S

Dallas developer breaks ground on industrial complex in northeast Houston

Houston Business Journal – September 18, 2019

   Read more

Truck and bus maker Navistar will invest $250 million in new Texas plant, create 600 jobs

The Dallas Business News – September 19, 2019

 Read more

InterFace Panel: Deal Size, Institutional Capital, Infrastructure Have Fueled DFW Industrial Growth

ReBusiness Online – September 19, 2019

  Read more

M I D W E S T   N E W S

Easterly Adds EPA Regional Offices in Kansas

Connect Media – September 4, 2019

  Read more

Safety National to build $32M HQ expansion in Maryland Heights

St. Louis Business Journal – September 17, 2019

 Read more

2019-09-24T15:02:37+00:00

Leave A Comment