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Industry News 

What will happen to Multi-family when boomers Retire en Masse?

In a previous post, we talked about the “Silver Tsunami”.  Americans born during and directly following the end of WWII, commonly referred to as Baby Boomers, represent the second largest age demographic group in the U.S. behind millennials. As this massive group moves toward retirement, it is signaling big changes for multi-family buildings of the future. NAI Global recently offered this look at what it means for Multi-family properties. By the Numbers There are an estimated 70K Americans turning 65 every week. By 2030, the number of Americans age 65 or…

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Industry News 

What impact could Trump’s tariff announcement have on CRE?

President Donald Trump moved to place a tariff on imported raw metals last Thursday and these new duties are already seeing economic reverberations, increasing volatility in the equity markets. But could they have ramifications on commercial real estate? Trump’s announcement of 25 percent steel and 10 percent aluminum tariffs was intended to preserve steel production jobs in the U.S. and reduce the nation’s trade deficit. While it caught some off guard, it probably shouldn’t have. “The announcement may have been a bit surprising and I think it shocked the market…

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Monday's With Martens 

Monday’s with Martens 3.5.18

In our Year End 2017 Market Update that was shared last week, we observed that “changing demographics, consumer expectations and omni-channel retailing will reshape retail in the Wichita market. National retailers, new to the market, will continue to look to free standing power center locations and available space in well located and maintained lifestyle and enclosed mall properties. Entertainment, health and fitness and restaurants remain popular shopping center tenants. Store closings and consolidation will continue and the sector will need stronger population growth and an increase in household income in…

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Week in CRE 

This week in Wichita Commercial Real Estate 3.2.18

Wichita Commercial Real Estate News This week’s top Wichita commercial real estate news NAI Martens promotes seven NAI Martens recently announced the promotion of several longtime real estate advisors…Wichita Business Journal Local physicians part of group with big plans for Waterfront A group of 120 local physicians are investors in a post-acute rehabilitation facility that will be constructed in Wichita’s Waterfront development…Wichita Business Journal Johnson: Billion-dollar decade from downtown Wichita within reach Earlier this year, Wichita developer George Laham wondered aloud if a billion dollars could be invested in the city’s core…

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