What is Tenant Improvement Allowance in Commercial Real Estate
What is Tenant Improvement Allowance in Commercial Real Estate? When delving into the world of commercial real estate in Camp Hill, understanding the finer details of leasing agreements and negotiations is crucial. One such important facet is the Tenant Improvement Allowance (TIA). In this article, we will explore what Tenant Improvement Allowance is and why […]
What is NOI (Net Operating Income)?
What is NOI (Net Operating Income)? NOI (Net Operating Income) is a key financial metric used by real estate investors and industry professionals to measure the profitability of an investment property. It is determined by subtracting all operating expenses, including debt service, from the gross income generated by the property. This figure gives investors a […]
JANUARY 13, 2023
1. CPI INFLATION The Consumer Price Index (CPI) rose 6.5% year-over-year and just 0.1% month-over-month, according to the latest numbers from the Bureau of Labor Statistics — relatively in line with most industry estimates. The annual inflation rate has now fallen for six consecutive months. Core CPI, which removes food and energy prices from the […]
JANUARY 27, 2023
1. GDP Real GDP increased at a 2.9% annual rate in Q4 2022, according to the advance estimate by the Bureau of Economic Analysis. Economic output has slowed from Q3 2022, when real GDP grew at a 3.2% annual rate. While recession fears have amplified heading into 2023, economic output has remained robust from a […]
FEBRUARY 10, 2023
1. JANUARY JOBS REPORT According to the Bureau of Labor Statistics, the US economy added 517,000 jobs in January while the unemployment rate was little changed at 3.4%. The number of unemployed persons was also little changed at 5.7 million. On the surface, the January report registered way above most industry expectations, with some observers […]
FEBRUARY 24, 2023
1. HOMEBUILDING SENTIMENT RISES According to the latest data from the National Association of Home Builders (NAHB), homebuilding confidence is on the rise. The NAHB/Wells Fargo Housing Market Index (HMI) rose seven index points to a level of 42, its highest reading since September and the most significant monthly increase in the index since June […]
MARCH 17, 2023
1. INFLATION The Consumer Price Index (CPI) rose 0.4% month-over-month and 6.0% year-over-year on a seasonally adjusted basis through February, according to the Bureau of Labor Statistics’ March 14th release. Both the monthly and annual measures decelerated from January. Last month’s annual inflation rate was the lowest since September 2021, while the previous two months […]
