Commercial Real Estate Updates 商業房地產趨勢 - February "Tenants on Property Management 租戶與物業管理"

http://www.stcmanagement.com/investment/2018/MU0212.pdf

February Topics

GENERAL MARKET 市場概括

How the New Tax Law Affects REITs 新稅法如何影響房地產投資信託基金
The tax bill signed into law last month by President Donald J. Trump, the Tax Cuts and Jobs Act (TCJA), includes a number of provisions related to REIT and real estate investment. Cathy Barré, Nareit's senior vice president for policy and politics, appeared on Nareit's REIT Report Podcast to offer her insights on the bill's effect on REITs.

Tenants on Property Management 租戶與物業管理
CPE and Kingsley Associates partner to see how renters feel about how their spaces are managed.

Tax Reform: What Does the Tax Cuts and Jobs Act Mean for the Real Estate and Construction Industry? 稅政改革:稅收減免和就業法案對房地產和建築業意味著什麼?
The Tax Cuts and Jobs Act of 2017 (the "Act") was signed into law by President Donald Trump on December 22, 2017.  The Act changes many provisions of the Internal Revenue Code, from individual and business provisions, to matters affecting pass-through and tax-exempt organizations.  The Act is generally effective starting in 2018.

A Year Under Trump: Why The Real Estate Industry Is More Optimistic Than Before
川普總統治理的第一年:為什麼房地產業比以前樂觀?
President Donald Trump will celebrate his first year in office Jan. 20, with quite a few accomplishments under his belt to make real estate executives look forward to year two.

Consumer Wage Growth Could Bode Well For Commercial Real Estate In 2018
消費者工資增長可能是2018年商業地產好轉的預告
For the past eight years, there has been a gap between the growth of the economy coming out of the recession and the reflection of that growth in employee wages.

INDUSTRIAL MARKET 工業倉庫

Builders up spending by 0.7 pct; signs of pressure emerge
開發商增加0.7%的建築開支;壓力出現的徵兆
U.S. builders pushed construction spending up 0.7 percent in December to a record high, though it was the weakest performance since they began to emerge from the financial crisis.

MULTIFAMILY MARKET公寓樓

Strength of the Inland Empire
加州的內陸地區房地產情勢持續走高
Rents continue to grow at a solid rate, thanks to steady job gains as the region's economic cornerstone, the industrial sector, is surging.

FINANCING MARKET 貸款與資金

Fed leaves rates unchanged, sees inflation firming
美聯儲維持利率不變因應通貨緊縮
The U.S. Federal Reserve kept interest rates unchanged on Wednesday but said it anticipated inflation would rise this year, in a sign it is still on track to raise borrowing costs again in March under incoming central bank chief Jerome Powell.

Consumer Money Rates (Mortgage Rate, Prime Rate, etc.)
消費者市場利率:房貸、基本利率、等等

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