IRS Loosens Timelines for 1031-Exchange Buyers

IRS Loosens Timelines for 1031-Exchange Buyers Section 1031 of the Internal Revenue Code enables real estate investors to defer capital gains on income-producing property when those gains are used to acquire a like-kind investment. Colloquially, a 1031 exchange is the transaction in which an investment property is liquidated and the proceeds from the sale, including…

CARES Act to Provide Aid to Workers and Businesses Impacted by Health Crisis

CARES Act to Provide Aid to Workers and Businesses Impacted by Health Crisis Global health crisis causes shock to labor market. Restrictions on personal mobility due to the spread of COVID-19 have forced many businesses to temporarily close, contributing to 701,000 lost jobs in March. These same events forced consumers to shift spending more toward…

Yield-Curve Inversion Reiterates Stability Of Commercial Real Estate; August 2019

Yield-Curve Inversion Reiterates Stability Of Commercial Real Estate   Brief yield-curve inversion sparks volatility. The short-lived inversion of the 10-year and two-year Treasury yield curve sparked significant financial market volatility as the closely monitored sign of an impending recession delivered a warning alert. Despite efforts by the Federal Reserve and generally strong economic metrics, including steady…

Fed Signals End of Tightening Cycle; Interest Rates Reignite Opportunities, March 2019

Interest rates fall as Fed shifts policy outlook. At its latest meeting, the Federal Reserve signaled an end to rate hikes this year, while reserving the potential for one increase in 2020. The Fed also announced its intention to end the runoff of its balance sheet, a process referred to as quantitative tightening. These steps…

Special Report, 10-Year Treasury Rate, April 2018

10-Year Treasury Breaks 3 Percent; Higher Rates a Positive Sign for Commercial Real Estate? Rising interest rates spark fear from investors but reflect persistently strong economic growth that underpins commercial real estate performance. The 10-year Treasury rate inched past 3 percent for the first time since late 2013 following the “taper tantrum.” Though many investors fear…

Special Report, Tax Reform FAQs, March 2018

Q: Was the 1031 Tax Deferred Exchange retained? A: Tax deferred exchanges for real estate were retained. Tax deferred exchanges can no longer be used for personal property. Q: How will the elimination of allocated value to personal property from Section 1031 impact cost segregation value of real estate properties? A: Cost segregation can still…

Office Research Market Report, New York City, Second Quarter 2018

Development Set To Surge As Major Manhattan Skyscrapers Come Online Robust job gains in New York City underpin substantial office construction. Supported by a wide range of industries and large corporations, office-using employment is advancing rapidly. Unemployment in the metro has fallen precipitously as a result, raising demand for office space. After several years of…

Multifamily Research Market Report, New York City, Second Quarter 2018

Development Overhang Weighs on Rent Growth; Positive Dynamics Remain in Place Low unemployment, consistent job growth boosting apartment demand. A broad base of high-wage industries and more than 8.5 million residents are driving significant net absorption of apartments, particularly as single-family homes remain out of reach for many would-be buyers. As the pace of construction…

2018 Retail North American Investment Forecast

To Our Valued Clients: Retail investments continue to outperform, with a positive outlook that blends limited construction with an accelerating economy, rising wage growth and increased consumption. Though the news media focused heavily on the demise of well-known retailer brands,implying that the sector was poised for extinction, store openings dramatically outpaced closings and corporate profits in…

Retail Research Market Report, New York City, Second Quarter 2018

Development Reaches Cycle High; Investors Seek Value in Outer Boroughs Broad corporate base powering robust household formation, necessity and specialty retail demand. A diverse employment base, covering a large number of the biggest companies in the country, is fueling stable demand for households. These households have underpinned significant growth in demand for nearby retail, particularly…

Retail Research, 2018 Investment Forecast, New York City Metro Area

2018 Retail Research Investment Forecast

Supply Reaches Decade High as Outer Borough Construction Intensifies Vacancy ticks up moderately from cycle lows but asking rents continue upward trend. A diverse base of employment in New York City, featuring multinationals and startups, has sponsored tremendous strength in the retail sector over the past decade. Vacancy has fallen well below 4 percent as…

Special Report, Tax Cuts and Jobs Act, January 2018

Special Report, Tax Cuts and Jobs Act, January 2018

New tax law retains key provisions for real estate investors. The highly anticipated tax reform recently signed into law by President Trump retained numerous key commercial real estate provisions…

2018 Office North American Investment Forecast

2018 Office North American Investment Forecast

The coming year holds the prospect of being particularly dynamic for office investors. The combination of the new tax law, an increasingly competitive employment market and evolving…

2018 Multifamily North American Investment Forecast

2018 Multifamily North American Investment Forecast

Apartment investments will maintain a positive outlook in 2018 as the combination of steady job creation, healthy demographics and an accelerating pace of household formation sustains renter demand.

2018 Industrial North American Investment Forecast

2018 Industrial North American Investment Forecast

The convergence of a variety of positive factors has invigorated the outlook for industrial investments to a level unseen in past years. The prospects of accelerated economic growth…

Retail Research Market Report, New York City, Third Quarter 2017

Retail Research Market Report, New York City, Third Quarter 2017

Diverse industry base powering household formation and retail demand. New York City, which hosts a broad array of industries, is powering demand for housing and allowing met- ro residents to form new households, driving demand for retail goods. Due to the high cost of housing, tenants overwhelmingly skew toward rental housing, providing a robust foot traffi c count for nearby retail establishments.

Multifamily Research Market Report, New York City, Fourth Quarter 2017

Multifamily Research Market Report, New York City, Fourth Quarter 2017

Numerous high-wage industries generating stable base of renter households. Powered by a diverse employment pectrum and containing more than 8.5 million residents, New York City…

Office Research, 2018 Investment Forecast, Brooklyn Metro Area

Office Research, 2018 Investment Forecast, Brooklyn Metro Area

Elevated costs pressuring overall industrial market amid redevelopment surge along the East River. Fueled by surging emand for apartments, retail and office space at rates below similar offerings in Manhattan…

Multifamily Research, 2018 Investment Forecast, New York City Metro Area

Multifamily Research, 2018 Investment Forecast, New York City Metro Area

Rollover in supply pressures keeps vacancy extraordinarily tight. Nearly a decade into the current expansion, New york City rental demand remains on strong foundations.