CoStar Insights

Top News This Week: Cushman & Wakefield Senior Execs Get New Roles

by CoStar News | Oct 28, 2016

News in Review

Take a look at the latest roundup of the week’s top national commercial real estate stories, as reported by our plugged-in and in-the-know CoStar News team.

Cushman & Wakefield Realigns Leadership Roles for Top US Execs

In a major shift at the top of Cushman & Wakefield's senior leadership, Joe Stettinius will move into the newly created position of chief executive, Americas brokerage and capital markets, while Tod Lickerman will shift from the position of global president to chief executive of the Americas.

Sunbelt Growth Markets Shine in Third Quarter from Increasingly Broad-Based Office Recovery

Driven this year by solid office demand growth in Sunbelt markets across the country, the national office occupancy rate is expected to increase into 2018 as such metros as Phoenix, Los Angeles, Atlanta and Miami enjoy net job growth in what's already been one of the most drawn-out U.S. economic recoveries on record. 

Feds 'Table Pounding' Finally Having Effect as Banks Trim CRE Lending

It’s hard to slow the momentum of a fast-moving titanic vessel that's worked up a good head of steam, but recent efforts by federal banking regulators to slow a potentially overheated CRE lending market finally seem to be having an effect. This past week, more bankers said they had gotten the message and sounded a bit more cautious on the CRE lending front. 

Survey: Clicks to Catch Up With Bricks in Record Holiday E-Commerce

For the first time, respondents to Deloitte's annual survey of holiday spending intentions expect to spend as much of their shopping budget online as at physical stores. Fewer surveyed shoppers plan to visit standalone big-box retail stores, and traditional mall visits are expected to fall slightly this holiday season.

 
 

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