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Just how tight is the construction labor market around Texas? Some contractors are posting guards at their job sites to make sure crews don't get poached while on the job by someone willing to pay more. Finding the right crew and fully staffing projects has become a tooth-and-nail fight for contractors and developers all across the state. 
Almost 70% of Texas construction companies plan to hire hourly workers in the next 12 months—if they can find them—according to a recent survey released by the Associated General Contractors of America. Hourly craft workers are the biggest hurdle: 74%…
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You Won't Believe The Domain's New List Of Tenants
The Domain has a few more tricks up its sleeve. Endeavor Real Estate Group and Northwood Investors have been holding onto the last piece of the Domain pie—the best piece, considering it's right at the entrance of the project—for years, and they're…
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Are Old Office Buildings Becoming Obsolete?
When it comes to building age, are the old guys getting overlooked? New research from CBRE shows office building vacancy in the Texas triangle (DFW, Houston and Austin/San Antonio) is down almost across the board since 2010. But properties built…
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August's Strong Consumer Confidence Levels Mean Good Things For RetailAmerican consumer's confidence climbed to its highest levels in almost a year, and that boost signals good things for the retail sector and coming holiday sales. According to the Conference Board's consumer confidence index, levels jumped to 101.1 in August from July's 96.7—a major gain and the index's highest reading since September 2015. |
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August's CMBS Loan Delinquency Rate Declines By Highest Amount Since FebruaryCMBS delinquencies are on the decline for the first time since February, according to a report from California-based CRE analytics company Trepp. Delinquency rates for US commercial real estate loans dropped eight basis points since July and are now at 4.68%—that's 77 basis points lower than the year-ago level. |
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