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Fed’s Rate Hikes Aren’t Bulldozing Commercial Real Estate— Yet. – Forbes

A Federal Reserve-induced recession could hurt commercial real estate property values and rents, and … [+] dramatically slow new construction. getty Wednesday’s announcement by the Federal Reserve of another ¾ point interest rate increase continues the central bank’s grim war with inflation. Higher rates are doing damage across the economy, which has never stabilized after […]

Real Estate Hall of Fame inducts 4 new members – Finance and Commerce

The Minnesota Real Estate Hall of Fame will induct four new members next week at the Golden Valley Country Club. Enter your user name and password in the fields above to gain access to the subscriber content on this site. Your subscription includes one set of login credentials for your exclusive use. Security features have […]

Opendoor lays off 550 employees amid ‘challenging’ real estate market – USA TODAY

Online real estate company Opendoor is cutting roughly 18% of its staff as rising interest rates plunge the U.S. housing market into turmoil.  Opendoor chief executive and co-founder Eric Wu announced the layoffs in a Wednesday blog post, noting that about 550 employees would be affected. The company had already scaled back over 830 positions earlier […]

Nicola Wealth Real Estate & CanTex Capital partner in the repositioning of an in-fill industrial asset in Dallas – Yahoo Finance

The partnership has acquired four industrial buildings and the adjacent seven land parcels with plans to deliver premier multi-tenant light-industrial product to the coveted Brookhollow submarket. Conceptual Rendering of Century Park, Dallas Nicola Wealth Real Estate & CanTex Capital partner in repositioning of Dallas in-fill industrial asset. Dallas, TX, Nov. 02, 2022 (GLOBE NEWSWIRE) — […]

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