
Commercial RE Annual Price Growth Hits 6.7% in August
Despite overall deal volume sliding for a second consecutive month, The US National All-Property Index grew 6.7 percent from a year ago, according to a Sept. 26th report from Real Capital Analytics (RCA). The report also shows that prices accrued 0.8 percent during August alone. RCA claims prices have continued to increase--in part--due to "a well functioning debt market." "The ability to refinance properties rather that sell them has kept prices sticky, as noted in the curr

Fed Cuts Prime Lending Rate Once Again
In its second rate cut since late July, the Federal Reserve lowered interest rates by a quarter of a percentage point yesterday amid fears that trade wars are undermining a strong US economy. Fed Chair Jerome Powell said that despite low unemployment and other upbeat economic indicators "there are risks to this positive outlook." "Our eyes are open, we're watching the situation," Powell said, further explaining that the Fed would consider another rate cut this year to sustain


Burgeoning Boise: More Accolades
Summer brought another round of top rankings for the Boise Metro area. Here are some highlights courtesy of the Boise Valley Economic Partnership (BVEP): #1 Market for Out-of-State Homebuyers, Realtor.com, Aug. 2019 #3 Best Run City, WalletHub, July 2019 #6 Happiest State, WalletHub, Sept. 2019 #7 In Cities with the Most Added Jobs, USA Today, Aug. 2019 #10 Unique Destinations to Get Outdoors, USA Today, June 2019 Top Biking Cities in the West, Sunset, April 2019 Most Beauti

Trader Joe's Coming to Meridian, Idaho Sometime Soon
The rumors have been confirmed--Trader Joe's will move into 16,744 square feet at the former Rosauers store site on Eagle Road, according to Don Day of BoiseDev.com. This will be the second store in the Treasure Valley after the first location on the corner of Capital Blvd. and Front Street, which opened it small store and tiny parking lot in 2014 on a parcel that set a new record for land costs at about $50 per square foot. This popular California-based chain will occupy abo

Net-Leased Investments Outperforming Other Asset Classes
The volume of net-leased property investments increased nearly 34 percent in the second quarter of 2019 to $20.6 billion, according to a recent market report by CBRE. Meanwhile the total year-over-year volume of net-leased investments ending Q2 totaled $74.2 million, the highest four quarter total since CBRE began tracking the market in 2002. What's driving this trend? "The high volume of net-lease activity has been a byproduct of an aggressive capital markets environment cou