Millennials Will Continue Influencing the Housing Market
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The Palisades and Eaton wildfires raging across Los Angeles are among the most devastating and destructive on record
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A surge in small business optimism also bodes well for CRE investment activity.
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The near-term outlook for CRE is uncertain, but the longer term view is strong.
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The economy is expected to end the year with more than 2 million new jobs.
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There is aggressive bidding on some multifamily, industrial and retail assets.
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The Federal Open Market Committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that inflation was moderating and the labor market was weakening.
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Sunset Strip project would include a hotel, housing, and a new home for the Viper Room
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THE FED IS SETTING INTEREST RATES BASED IN PART ON OLD DATA
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