After seven Federal Reserve interest rate hikes in a relatively short timetable, we find ourselves assessing not simply whether there will be more rate increases, but more importantly, what this means for commercial lenders this year.
JLL Boston is launching a new investment sales team to tap into Greater Boston’s multifamily sector, which topped $4 billion in sales activity last year.
The Red Sox may have missed their shot at the World Series, but Boston was awarded another important trophy recently from the Urban Land Institute. Too bad the city’s running out of space on its awards shelf.
There remains plenty of capital for real estate ventures and funds are being raised, but investors are selective on where that capital is being placed.
Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.
Andy Hoar is president and co-managing partner of CBRE/New England, a joint venture with 450 employees at offices from New Haven, Connecticut to southern New Hampshire. The firm has represented clients in some of the largest deals reshaping the Boston office market in recent years, including General Electric, law firm Goodwin and Putnam Investments. Although Hoar’s idea of a perfect vacation is fly fishing in Montana or the Adirondacks, he’s careful not to let his leisure time linger, haunted by the memory of a senior executive at a previous firm who took a two-week West Coast vacation without checking in to the office and was let go two weeks later.
