Fed: ‘Larger Number’ of CRE Deals Fell Through in New England
A “larger number” of industrial real estate acquisition and leasing deals are falling through in New England, according to Federal Reserve officials.
A “larger number” of industrial real estate acquisition and leasing deals are falling through in New England, according to Federal Reserve officials.
Some industrial real estate market players fear construction cost increases could start to put a dent in the industrial construction boom
A Federal Reserve survey of business conditions across the United States has found that economic activity was expanding at a modest pace in February, but raised concerns about future demand for office space.
The regional economy continued its plodding recovery during October and into November but persistent uncertainty fogs a cautiously optimistic outlook for the coming months.
Commercial tenants in New England are seeking lease renewals with shorter terms, the Federal Reserve’s eight-times-a-year survey of the nation’s regional economy, colloquially called “the Beige Book” after the cover of its print edition, has found.
The Federal Reserve’s latest installment of its Beige Book is out, the first since the coronavirus hit America in force, and it reports participants in the residential and commercial real estate industries expressed serious concerns about the health of their respective industries.
The Federal Reserve’s latest nationwide survey of business conditions has found that the coronavirus outbreak has begun to impact tourism and disrupt manufacturing chains in parts of the United States.