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: We’re seeing slower lending in autos and commercial real estate
Wells Fargo & Co expects to gain better control of costs in relation to revenues.
Commercial real estate pro does the math: Can Amazon HQ2 actually fit in Orange County?
Retail giant Amazon is hunting for a second headquarters that would need some 5-8 million square feet of space for its staff.
REIT Investors Find Bigger Returns in Alternative Property Sectors
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.
Florida Assesses Damage as Irma Ebbs to Tropical Storm
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.