At the end of the 1st quarter of 2016, U.S. Treasury yields, on a nominal basis, were essentially unchanged for maturities of one year or less, but around 30 basis points or so lower for virtually all maturities in excess of this. On a real basis, yields were around 30 to 60 basis points lower […]
At the end of the 4th quarter of 2015, U.S. Treasury yields, on a nominal basis, were slightly higher in all maturities, ranging from around 10 basis points to about 40 basis points. On a real basis, yields were only a touch higher, as the increase in nominal yields was offset by a slightly more […]
At the end of the 3rd quarter of 2015, U.S. Treasury yields, on a nominal basis, were essentially unchanged in the shorter maturities versus the quarter prior, while yields for 5-year and longer maturities edged lower by about 25 basis points. On a real basis, however, these rates were higher, reflecting a lower inflationary environment. […]
At the end of the 2nd quarter of 2015, U.S. Treasury yields, on a nominal basis, were largely unchanged in the shortest maturities versus the quarter prior, but higher as maturities lengthened, about 50 basis points higher on 30-year maturities, but only about 30 basis points higher on the more relevant (to commercial real estate) 10-year […]
At the end of the 1st quarter of 2015, U.S. Treasury yields, on a nominal basis, were fairly unchanged in the shortest maturities, a touch higher in the 2-year maturity, and about 20 to 30 basis points higher for all maturities longer than 2 years. On a real basis, these yields dropped similarly, as the […]
Make-A-Wish pays $8M for Overtown dev site The South Florida branch of nonprofit Make-A-Wish paid about $8 million for 1.6 acres of land in Miami’s Overtown neighborhood. Make-A-Wish bought the land at 350 Northwest Sixth Street, according to a press release. The nonprofit plans to build the 30,000-square-foot Finker-Frenkel House for administrative offices, donor events […]
Photos Show the Massive $452 Million River Landing Project Now Complete River Landing Shops & Residence, a massive mixed-use complex, is now open on the Miami River. It took nearly a decade to develop the project. Developer Urban-X Group first put the former Mahi Shrine Auditorium property where River Landing is located under contract in […]
SoFla industrial market’s Q2 is strongest quarter in three years South Florida’s industrial real estate market’s second quarter proved to be its strongest period in three years, according to a recently released report from Newmark Knight Frank. In the second quarter, South Florida’s industrial market saw a 51 percent uptick in net absorption, representing the […]
Headwinds from soccer stadium deal worry MIA As Miami nears a deal for a soccer stadium and commercial complex beside Miami International Airport, county lawmakers want to know how that will affect the area’s biggest economic engine. A county commission committee Tuesday advanced a directive to administrators sponsored by Rebeca Sosa to detail in 90 […]
“It’s tough to make predictions, especially about the future.” ~Yogi Berra In the accompanying chart of the United States civilian unemployment rate from January 1948 to April 2018, one can clearly see that the economic recovery we are currently in, if defined by a drop in unemployment, is one of the longest and most pronounced […]
Given the rise of late in interest rates, it seemed an opportune time to put rates, particularly those of the 5-Year United States Treasury most closely linked to commercial property borrowing rates, into perspective. The accompanying chart, “5-Year United States Treasury Rates from January 1990 to April 2018,” gives a nice visual perspective. In this […]
$380 Million Development Bringing Rentals, Retail to Miami Riverfront The banks along the Miami River are mostly closed off to the public. Developer Andrew Hellinger is determined to fix that. “It’s not as inviting as it ought to be,” Hellinger told CoStar News. “What we’re trying to do is open up the river and invite the […]
Miami & Other Sun Belt Markets Dominate Top 10 ‘Markets to Watch’ in 2023, According to Emerging Trends Report A variety of Sun Belt markets once again lead the “top markets to watch” in 2023 for overall real estate prospects, with Nashville ranking No. 1 for the second consecutive year in the annual Emerging Trends […]
As HQ2 announcement approaches, Amazon execs are revisiting NYC, Chicago, Miami Some cities are getting another look from Amazon as the announcement for where the e-commerce giant will set up its second headquarters looms. New York City, Chicago, Newark, Miami and the Washington, D.C. area all had recent follow-up visits from Amazon executives, according to the […]
