Houston's office market is stabilizing and the appetite for commercial real estate is ratcheting up among out-of-town investors. [...] in the city's long robust retail sector, cracks are starting to show, analysts said. National retailers are closing stores and more fallout could be seen among banks and medical facilities, said Jason Gaines, a senior vice president with NAI Partners, a real estate services firm hosting a panel Wednesday morning on commercial real estate. The health of Houston's commercial real estate market in recent years has been a mixed bag. While the worst appears to be over, last month Canadian pipeline company Enbridge said it would leave downtown and relocate more than 700 employees to the Galleria area. Brokers say a shift is taking place in the central business district, where once top-class towers are becoming outdated as new buildings go up.

BING NEWS:
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    The Houston metro takes third place with a ranking of 4,836 build-to-rent (BTR) units underway, with completion expected by 2026.
    04/23/2024 - 10:14 am | View Link
  • Commercial real estate foreclosures have spiked 117% over the past year
    The office sector continues to lead the commercial real estate downturn, with delinquency rates for the sector continuing to rise last quarter.
    04/18/2024 - 7:31 am | View Link
  • 4 Stock Picks to Play a Commercial-Real-Estate Bottom, Says Analyst
    William Blair suggests buying shares of CBRE Group, Jones Lang LaSalle, Colliers International, and Cushman & Wakefield, which service commercial properties.
    04/17/2024 - 7:49 am | View Link
  • Global Economy Remains Resilient Despite Uneven Growth, Challenges Ahead
    Despite gloomy predictions, the global economy remains remarkably resilient ... Even as inflation recedes, real interest rates remain high and sovereign debt dynamics have become less favorable.
    04/15/2024 - 1:00 pm | View Link
  • Dollar remains unchanged, amounts to 93.43 rubles on Moscow Exchange
    The yuan rate dropped by 0.3 kopecks, trading at 12.86 rubles MOSCOW, April 15. /TASS/. The dollar exchange rate has remained unchanged since last close, with the greenback trading at 93.43 rubles ...
    04/14/2024 - 5:38 pm | View Link
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