| NREI Staff  Eastern Outfitters has filed for bankruptcy, and U.K-based Sports Direct International has expressed interest in acquiring it, according to Reuters. U.S. wage growth slowed in December, but average hourly earnings grew 2.5 percent in 2016, MultiHousing News reports. These are among today’s must reads from around the commercial real estate industry. FULL ARTICLE |
While capital markets look set to have an active year in 2017, borrowers should keep in mind that lenders are gradually becoming more conservative as the we get further and further into the cycle.
The shortage of good sites to build on and the difficultly of finding construction financing have prevented developers from getting too far ahead of the need for new student housing beds.
It has taken seven years to put in place
We may need to brace for the demise of America's largest department-store chain.
