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Is the Portland hospitality market at risk from overbuilding? One local hotel magnate says yes. 
Provenance Hotels President Bashar Wali said Portland has seen unprecedented hotel supply growth. "Developers and short-term investors from outside the market have woken up to what we all know — this is a great place to own and operate a hotel," he…
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Portland A Top 10 Green City
Portland ranks as the ninth greenest city in the nation, according to a new report by WalletHub. Overall, the list is dominated by West Coast cities, especially California, with San Francisco, San Diego and Fremont at first, second and third,…
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Las Vegas Shooting Means Rethinking High-Rises Near Public VenuesStadium and public venue owners and operators have a new nightmare to worry about in the wake of the deadliest mass shooting in modern U.S. history. High-density mixed-use projects with hotel and multifamily towers overlooking concert venues or stadiums are springing up all over the country. They sate consumers' desire for walkable and experiential environments and command premium rents. Oct. 1 in Las Vegas crystallized deadly possibilities in these developments. Although the attack was a wake-up call for the industry, experts believe these types of projects will not fall out of favor. |
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Moody's Research Reveals This Is Where Amazon's HQ2 Should GoIf Amazon uses Moody's Analytics to determine where it will build its second headquarters, there could eventually be 50,000 Amazon employees swarming Austin's city limits. Moody's, a financial services company, ranked the top markets vying for HQ2 based on Amazon's emphasis in its request for proposals on business environment, human capital, cost of living, quality of life and transportation access. While the top 10 includes surprising contenders like Rochester, New York, Austin emerged as the overall winner. |
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5 Ways Trump's NAFTA Efforts Will Impact Commercial Real EstateTensions are mounting as North American Free Trade Agreement negotiations proceed. Should a three-way agreement to revise NAFTA fail, President Donald Trump has said he is open to bilateral trade pacts with either Canada or Mexico. The collapse of the 1994 agreement could have a massive impact on industries, including manufacturing, agriculture and energy, as well as the auto industry, which arranged its supply chain system around NAFTA terms, the New York Times reports. Commercial real estate will also be impacted should the deal fall through in the following ways: |
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