In Tuesday’s commercial real estate news – we’ll look at how Wells Fargo is seeing slower lending in autos and commercial real estate, whether Amazon’s HQ2 can actually fit in Orange County, how REIT investors are finding bigger returns in alternative property sectors, and more.
Wells Fargo & Co expects to gain better control of costs in relation to revenues.
Retail giant Amazon is hunting for a second headquarters that would need some 5-8 million square feet of space for its staff.
Year-to-date returns on the FTSE NAREIT Index show that the REIT categories that are leading the pack this year are data centers and infrastructure.
The hurricane dwindled to a Category 2 before reaching the Tampa Bay area. That could keep damages under $49 billion, with insured losses at about $19 billion.