Law Office of Henry B. LaTorraca Civil Trial Attorney

June 2017 Archives

Construction disputes less costly in 2016

California builders and developers might be interested in learning that the average financial toll related to construction disputes in North America fell in 2016 to $21 million. While the disputes were generally less expensive, they did take two months longer to resolve than in 2015. This is according to a report issued by the consultancy and design company Arcadis.

CRE transactions down after Federal Reserve rate increases

Investors in California and around the country will likely know that the U.S. Federal Reserve increased interest rates on June 14 for the third time in the past several months. The nation's central bank says that the decision to raise rates was taken to stabilize the economy and keep inflation under control, but many financial experts believe that worries over commercial real estate lending may have also played a role.

U.S. real estate and the increase in foreign investors

Real estate investors in California may be interested to know that, according to a survey conducted by the National Association of Realtors, there has been an increase in foreign investment in real estate in the United States. In 2016, Florida was a leading destination for international investors, and the investors that bought and sold the most real commercial real estate for that year were from China.

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