House passes sweeping legislation to roll back banking rules June 9, 2017 | by Renae Merle | The Washington Post The Republican-led House on Thursday voted to free Wall Street from many of the constraints put in place after the 2008 financial crisis, the opening salvo in what is likely to be a protracted battle over deregulation…

Urban Dwellers Outnumber Rural Residents Worldwide For The First Time In 10 Years June 9, 2017 | by Erik Dolan-Del Vecchio | Bisnow Talk about turning tables. For the first time in 10 years more people live in urban cities than they do in rural areas throughout the world, according to a recent JLL Fringe Markets report. As of…

Economy Watch: Contrary to Expectations, Some Retailers Are Expanding June 1, 2017 | by Dees Stribling | Commercial Property Executive  While retail bankruptcies are at an all-time high, there are certain retailers that are still expanding, mainly in the off-price or discount category, according to a recent CBRE retail report. This is a time of retail…

Finra CEO Robert Cook promises to give brokerages more guidance on overseeing rogue brokers Initiative is part of an effort to crack down on brokers who move from firm to firm and put investors at risk June 12, 2017 | by Mark Schoeff Jr. | InvestmentNews.com Finra intends to help brokerages better identify and supervise brokers with…

Wagner writes in favor of like-kind exchanges in Crain’s Chicago Business June 9, 2017 | by Bill Kozar | Illinois Realtors By preserving 1031 like-kind exchanges in the midst of calls for tax reform, legislators will help small business owners and investors, writes Illinois REALTORS® Treasurer Dan Wagner in an opinion piece for Crain’s Chicago…

Fed rate hike and FANG shakeup could snap stocks out of spring lull June 9, 2017 | by Patti Domm | CNBC Stock market volatility could pick up in the week ahead, as traders await the Federal Reserve and watch to see whether the shakeout in tech and momentum stocks continues. The Fed begins its two-day meeting…

Why Plugged-In Properties Need Backup Plans June 8, 2017 | by Robert Bianco | Commercial Property Executive  Connectivity is now as important to occupants as location. A veteran telecommunication executive contends that redundant technology adds to asset values and offers peace of mind. For generations, the formula for determining a property’s value was simple: Location was…

Constructed in 2012, the approximately 300,000-square-foot apartment property includes nine buildings with 92 one-bedroom, 124 two-bedroom and 56 three-bedroom units.

Ameriprise Cuts Offerings Ahead of DOL Rule June 7, 2017 | Financial Advisor IQ Ameriprise is joining its brokerage rivals in reducing the number of funds available on its platform ahead of the Department of Labor’s fiduciary rule, InvestmentNews reports. The firm told its advisors this week that it’s eliminating more than 1,500 mutual funds,…