Real estate has had a decent year. The S&P 500 Real Estate Select Sector SPDR (XLRE) advanced 11.3% year to date as of Oct. 4. The sector declined till the end of June. However, as talks started surfacing about the central bank introducing rate cuts in September, the sector has witnessed a turnaround of sorts. This optimism is notably visible if one considers the mortgage rates. Mortgage rates have slightly increased after declining since the announcement of rate cuts. The 30-year fixedrate mortgage was at ...

CBRE Group's (CBRE) wide array of real estate products and services offerings, healthy outsourcing business, strategic buyouts, technology investments and solid balance sheet are expected to drive its performance. Analysts also seem bullish on this stock, with the Zacks Consensus Estimate for CBRE Group's current-year earnings per share (EPS) being revised 6% upward over the past three months to $4.75. Shares of this Zacks Rank #2 (Buy) company have rallied 33.3% over the past three months, outperforming it ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. CBRE Group (CBRE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question. CBRE Group is one of 859 companies in the Finance group. The Finance group curr ...

The mixed-use development, slated to open in mid 2025, will transform downtown Phoenix with apartments, student housing, office, and retail space PHILADELPHIA, Sept. 10, 2024 /PRNewswire/ -- GMH Communities (GMH), a vertically-integrated real estate company specializing in the acquisition, development and management of exceptional living communities throughout the United States, officially named the innovative residential properties at Central Station, marking a significant milestone in the innovative mixed ...

Investors may think that home prices are the only way to play the real estate sector, whether by investing in physical property or crowdfunding platforms that allow retail investors to tap into the income and appreciation potential from owning a share in a portfolio of properties. However, there are other lateral plays that offer a much better risk-to-reward ratio. As home prices now hit a new all-time high, with the average home price hovering at $501,700, investing in single-family homes has very little u ...

The U.S. is home to the majority of the world's data centers, with more than 2,800. The closest nation after that is the United Kingdom, with less than 400, according to the Data Center Map. Data centers are the physical vertebrae of internet infrastructure, supporting cloud computing capabilities and artificial intelligence. The value of the land where data centers are planned to be built is now soaring, 10 times the original price in one case from Vint Hill, Virginia. Pat Lynch, executive managing directo ...

The over 25K-square-foot space will provide room to accommodate the sustainability company's impressive growth DENVER, Aug. 21, 2024 /PRNewswire/ -- Redaptive, renowned for its data and sustainability solutions for industrial and commercial customers, is moving its headquarters from The Circa Building to a much larger, 25K-square-foot space on the eighth floor of McGregor Square in LoDo. The move comes on the heels of significant company growth. Redaptive's new headquarters is located in McGregor Square, wh ...

CBRE Group's (CBRE) wide array of real estate products and service offerings and healthy outsourcing business position it well for growth. Its solid balance sheet position also bodes well. Last month, this Dallas, TX-based real estate came up with better-than-expected second-quarter 2024 results. The company reported core earnings per share (EPS) of 81 cents, surpassing the Zacks Consensus Estimate of 69 cents. The results reflected growth in its resilient lines of business. Shares of this Zacks Rank #2 (Bu ...

CBRE Group, Inc. (NYSE:CBRE) Q2 2024 Results Conference Call July 25, 2024 8:30 AM ET Company Participants Chandni Luthra - Executive Vice President, Head of FP&A and Investor Relations Bob Sulentic - Chair & Chief Executive Officer Emma Giamartino - Chief Financial Officer Conference Call Participants Ronald Kamdem - Morgan Stanley Anthony Paolone - JPMorgan Jade Rahmani - KBW Michael Griffin - Citi Steve Sakwa - Evercore ISI Stephen Sheldon - William Blair Peter Abramowitz - Jefferies Operator Greetings, ...