Economy: Page
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Construction Seems to Be Missing the Jobs Wave
Gains in construction employment lag the apparent recovery in other sectors.
By Ron Gallagher • March 13, 2012 -
More Living in Steel City: Sleeping at the (former) Office
A developer is set to begin renting apartments in what was a state office building.
By Ron Gallagher • March 13, 2012 -
Explore the Trendline➔
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Rise in Phoenix Housing Shows Path for Other Cities
With prices down in the dumps, investors and first-time buyers are seeing where they want to be.
By Ron Gallagher • March 13, 2012 -
Apple Will Double Austin Workforce as U.S. Growth Spurt Continues
The announcement means a $304 million new campus in the Texas capital.
By Ron Gallagher • March 13, 2012 -
NKF Expands Its Reach to the Middle East
A partnership with the Bank of Abu Dhabi is the vehicle for entering the market.
By Ron Gallagher • March 13, 2012 -
CMBS Maturities Hit Highest Reading Since '08
Data shows that a big part of the surge was due to one class of 2007 loans paying off.
By Ron Gallagher • March 13, 2012 -
NewGate, White JV for $10M Redevelopment Fund
The money is to turn historic properties around Daytona Beach, Fla., to multifamily and mixed-use.
By Ron Gallagher • March 13, 2012 -
NAR: Single-Family Housing at Most Affordable Since 1970
The Realtors group says the January Housing Affordability Index reached 206.1.
By Ron Gallagher • March 12, 2012 -
FHFA Puts Dec. 31 Deadline on Securitization Plan
FHFA’s announcement was connected to a conservatorship scorecard released Friday.
By Ron Gallagher • March 12, 2012 -
Hardest-Hit Housing States Showing Greatest Jobs Recovery
From the bottom, Arizona, California, Florida and Nevada are climbing.
By Ron Gallagher • March 12, 2012 -
Economy Watch: Private Sector Hiring on All Cylinders
A survey of economic data.
By Ron Gallagher • March 12, 2012 -
Investors Expect NPL Market to Perform This Year
Their thinking is that maturing debt is pushing banks to get loans off their books and into buyers' hands.
By Ron Gallagher • March 12, 2012 -
Auction.com Event Sells $424M in Multifamily
One transaction set a record for the venue – $55.1 million.
By Ron Gallagher • March 9, 2012 -
Construction Jobless Rate Dips in Feb., Though Industry Sheds Jobs
Bureau of Labor Statistics information may be skewed by a longer building season in a mild winter.
By Ron Gallagher • March 9, 2012 -
Southern California Borrower Gets $23M for Nine Properties
The investments are in six states, with three in Ohio.
By Ron Gallagher • March 9, 2012 -
Multifamily Production Hit Six-Year High in Q4
Builders and developers told NAHB that they continue to gain confidence in the sector.
By Ron Gallagher • March 8, 2012 -
Banks Cautiously Return to CRE; CMBS Market Poised for Takeoff
Seemingly, banks are getting back into the lending waters for commercial projects.
By Ron Gallagher • March 8, 2012 -
Power Index Podcast – 2012 Top REITs
In an audio podcast, Mike Ratliff and Jack Kern dissect MHN's 2012 ranking of the top REITs.
By Ron Gallagher • March 8, 2012 -
Related Targets Brazil With $1 Billion Investment
The company wants to give Brazilian investors U.S.-style luxury condos in their own hemisphere.
By Ron Gallagher • March 8, 2012 -
Deals: MG Properties Buys Reno Asset for $27 Million
News about deals in multifamily properties from around the nation.
By Ron Gallagher • March 8, 2012 -
PROFILE: Clear Capital
The valuation firm sees lenders asking for information on a range of scenarios for a property.
By Ron Gallagher • March 8, 2012 -
Economy Watch: ADP Says Jobs Up, Fed Says Consumers Are Borrowing
Payroll specialist ADP Employer Services reported on Wednesday that the U.S. private sector added 216,000 jobs in February.
By Ron Gallagher • March 8, 2012 -
S&P Analysts to Discuss U.S. Housing Market in Live Online Session
The topic is what lies ahead for the housing sector in the U.S., including corporate home builders.
By Ron Gallagher • March 8, 2012 -
REO Rental Plan to Snare 20% of Foreclosure Pipeline
Merrill Lynch sees up to a fifth of REO homes going into the rental conversion plan.
By Ron Gallagher • March 8, 2012 -
The Unanswered Multifamily Contradiction
The sector has rebounded, driven by more renters, but it has the most delinquent loans.
By Ron Gallagher • March 8, 2012