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Commercial Real Estate News for Wednesday, Aug. 30

In Wednesday’s commercial real estate news – we’ll look at hurricane Harvey’s likely effect on Houston’s commercial property market, how the Chinese policy wall slows investment capital bound for US assets, what are the top five cyber-security threats to real estate businesses, and more.

Harvey Likely to Weigh on Houston’s Commercial Property Market for Months

Houston’s office and retail real-estate markets are likely to get hurt by lost business in the weeks and months immediately following HurricaneHarvey.

Chinese Policy “Wall” Slows Investment Capital Bound for U.S. Assets

Chinese investment in U.S. property markets dropped 7 percent year-over-year to $5.4 billion in the first half of 2017, according to Real Capital Analytics.

Top Five Cybersecurity Threats to Real Estate Businesses

There is no federal law requiring real estate businesses to implement information security programs. That has led to real estate businesses having vulnerable systems.

CRE Industry Gives Trump’s Job Performance a Big Thumbs Down

A poll of nearly 1,000 readers of NREI completed between Aug. 25 and Aug. 28 revealed that 60.4 percent of respondents disapprove of the president’s job performance.

CRE exec Boyd joins Atlanta office of Savills Studley

Boyd has managed more than 5 million square feet of transactions. He represented WorldPay in its 130,000-square-foot global headquarters relocation to Atlanta.