For the second time in two months, the Federal reserve has cut interest rates, lowering its benchmark another quarter point, to a range of 1.75% – 2%. Commercial Real estate investors may continue to benefit from the low cost of borrowing capital, but economists are uncertain if this small change will affect cap rates in […]
After seven plus successful years providing commercial real estate sales, leasing, and property management expertise to South Jersey and Philadelphia, Wolf Commercial Real Estate (WCRE) is excited to announce the launch of its new debt and equity platform, WCRE Capital Advisors at www.WCRECapitalAdvisors.com. Download Printable Article (PDF) >>> Founders Jason Wolf and Andrew Beauchemin will […]
Pennsylvania’s Redevelopment Assistance Capital Program’s (RACP) most recent round of funding provided $55.7MM to 34 projects in Philadelphia. Projects funding include The Merriam Theater, Navy Yard hotel conversion, a Logan Square hotel conversion, and a massive mixed-use redevelopment from former Dallas Cowboy Emmit Smith, the “Venice Island Innovation” in Manayunk. “RACP is a discretionary fund […]
Adrian Ponsen, Director of Market Analytics and Senior Real Estate Economist at CoStar, breaks down the recent sale of the 283,000 square foot Chemours office condo in Wilmington DE. Buccini/Pollin Group sold the portion of their 950,000 sf DuPont office building to an international private equity fund at a record price of $297/sf, signaling a […]
“The 10-year Treasury rate is about 40 basis points below its level one month ago, down more than 35 basis points in August alone and representing a sizable move for the relative stable U.S. bond market. The yield ended July above 2%.” – CNBC Contact WCRE Capital Advisors to discuss how these record low rates […]
“The Federal Reserve is widely expected to cut interest rates Wednesday for the first time since 2008. While the U.S. economy appears healthy, Fed officials have voiced concerns over trade unrest and a slowing global economy. In addition to an expected quarter-point reduction in its target rate, investors will be watching the central bank’s accompanying […]
Federal Reserve officials appeared poised Wednesday to cut interest rates later this month. Notes from the central bank’s June meeting showed that participants said a rate cut could protect the economy from future blows. Also, Chairman Jerome Powell told Congress that the Fed would “act as appropriate” to sustain the current economic expansion, citing lagging inflation and trade tensions […]
