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Category Archives: Good News Friday
Good News Friday :: Commercial Real Estate Outgunning Economy
Some analysts famously called commercial real estate “the next shoe to drop” during the financial crisis, meaning that poor leasing market fundamentals and soured loans had the potential to capsize the industry and destabilize financial markets all over again on … Continue reading
Posted in Good News Friday
Tagged Bob Bach, Chief Economist, Commercial Real Estate, CRE, Economy, Good News Friday, Newmark Grubb Knight Frank, NGNF, Sales
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Good News Friday – Preliminary Office Market Stats
The fourth quarter hiccup in the office leasing market proved to be the pause that refreshes. Despite the uneven economy, the market scored a good first quarter. Vacancy fell from 17.2 to 16.9 percent, a solid 30 basis-point decline that … Continue reading
Posted in Good News Friday, Office
Tagged Atlanta, Bob Bach, Commercial Real Esate, CRE, Economist, Friday, Good News, Grubb & Ellis, landlords, Leasing, Office, Vacancy
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Good News Friday
Cruising Speed Employers met expectations in February, adding 227,000 net new payroll jobs – the third consecutive monthly gain above 200,000. The previously reported numbers from December and January were revised upward by a combined 61,000. The labor market continues … Continue reading
Good News Friday
Elephant In the Living Room With all of the recent good economic news about the labor market, retail sales, consumer confidence and manufacturing, let’s not overlook one of the most obvious pieces of good news – the stock market. The … Continue reading
Posted in Atlanta, Good News Friday
Tagged Atlanta, Bob Bach, Brett Hunsaker, Commercial Real Estate, Consumer Confidence, Good News Friday, Grubb & Ellis, S&P 500, VIX
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Good News Friday
Good News Now and Later Good News now: Weekly initial jobless claims declined again to 348,000 for the week ending February 11, defying expectations for a modest retrenchment following recent declines. This is the lowest level in nearly four years. … Continue reading
Good News Friday
Turning Point I’m getting ready to leave my hotel room in Appleton, Wis. where, despite the early departure of the Packers from the NFL playoffs, the people are friendly, the cheese is tasty and the news is good. The local … Continue reading
Good News Friday
Breaking News We interrupt the regularly scheduled edition of Good News Friday to bring you breaking news: Earlier today, Grubb & Ellis released the second phase of its 2012 Forecast consisting of expanded fourth quarter local market reports summarizing 2011 … Continue reading
Good News Friday
Other People’s Good News Real Capital Analytics just came out with its 2012 predictions, and the news is… (drum roll, please)… good! · RCA expects the dollar volume of transactions to reach $300 billion in 2012, a 50 percent increase … Continue reading
Posted in Atlanta, Good News Friday
Tagged Atlanta, Bob Bach, Brett Hunsaker, CMBS, Commercial Real Estate, Grubb & Ellis, RCA, Real Capital Analytics, REIT
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Good News Friday
It’s All About Jobs The labor market continued to improve in December as employers added 200,000 net new payroll jobs, according to the Bureau of Labor Statistics. Details of the report were encouraging: · Gains were widespread, led by trade, … Continue reading
Good News Friday
For the second week in a row, the standout piece of good economic news is the decline in the number of Americans filing for their first week of unemployment benefits. Initial jobless claims, seasonally adjusted, fell sharply to 366,000 for … Continue reading
