Subject: Economic News (ECO)

Commercial Real Estate Direct Staff Report The U.S. Senate has approved extending the federal terrorism insurance backstop for seven years. The real estate industry is breathing a sigh of relief because the existing backstop is scheduled to expire Dec.31. Jeffrey ...

Reis Inc. is predicting a 10 basis point increase in the national office vacancy rate to 12.6 percent for the fourth quarter. The rise would be the first in 14 quarters and would be the result of uncertainty surrounding the ...

Commercial Real Estate Direct Staff Report The U.S. House of Representatives has approved a bill that would increase taxes on investment partnerships, including those involving real estate. The measure faces a vote in the Senate, and a threatened veto by ...

Commercial Real Estate Direct Staff Report Realpoint has identified 447 properties that back CMBS loans in the California areas affected by the region's wildfires. The loans those 447 properties secure have a combined balance of $3.4 billion and are scattered ...

Commercial Real Estate Direct Staff Report The U.S. Senate Banking Committee approved a measure that would extend the federal terrorism insurance backstop for seven years. The move is good news for the real estate industry because the current backstop program ...

By John Covaleski, Commercial Real Estate Direct Staff Writer Former Federal Reserve Chairman Alan Greenspan warned that the U.S. economy in on the brink of a slowdown and that worldwide inflation may return. "We won't get into a recession, but ...

Chicago Tribune Real estate developer Scott K. Toberman has been charged with fraud, according to a 10-count indictment by the United States Attorney General's office in Chicago. Toberman is accused of stealing more than $3 million from owners and tenants ...

By John Covaleski, Commercial Real Estate Direct Staff Writer The U.S. House of Representatives has passed a bill that would extend the federal terrorism insurance backstop for 15 years. But the bill is still far from becoming law. "The work's ...

Commercial Real Estate Direct Staff Report A Congressional committee has approved a bill extending the federal backstop for insurers of terrorism risk. The House Committee on Financial Services this week approved the Terrorism Insurance Revision and Extension Act, which would extend ...

A bill in Congress would increase the carried interests of investment partnerships at the ordinary income tax rate of 35 percent, as opposed to the current 15 percent capital gains tax rate. If it becomes law, the bill could have ...