July 2nd, 2018 by
U.S. Treasury yields have fallen to one-month lows as the fears of a trade war impacting global growth has increased the demand for safe haven assets. These fears sent U.S. stocks lower as investors have been hesitant to take on additional risks. Additionally, the spread between 2-Year and 10-Year Treasury notes traded at 32 basis points at the end of June, which is the flattest level since 2007.
June 26th, 2018 by
The editors of Real Estate Forum have selected Greysteel President & CEO, Ari Firoozabadi as one of this year's Best Bosses in the Business.
June 15th, 2018 by
Greysteel brokers and staff participated in the annual Dreams for Kids DC with the Washington Redskins football clinic. Redskins rookies teamed up with volunteers and local children to participate in a fun filled day of football drills, providing individualized attention, building relationships with a mentor and bond in a team environment.
June 11th, 2018 by
Greysteel's Phoenix team members and their families joined forces with Feed My Starving Children (FMSC) on May 31st to pack enough food to pack 58,752 meals, enough to feed 160 children in the Philippines for a year!
June 4th, 2018 by
Just weeks after U.S. 10 year treasury rates eclipsed 3.00%, the benchmark rate plunged nearly 20 bps on fears of political unrest in Italy and investors’ flight to the safety of US treasury bonds. This was the largest one day drop in treasury rates since Britain voted to exit the European Union two years ago. While treasury rates have rebounded slightly as Italian credit concerns ease, political uncertainty abroad and at home will continue to intersect with our country’s monetary policy in determining the direction of interest rates in the near term.
On May 5, 2018, Greysteel hosted a client appreciation event at the Spring Town Point Wine Festival in Norfolk, Virginia.
May 24th, 2018 by
The 12th annual festival was held at Town Point Park and featured more than 200 wines from over 30 wineries.
May 15th, 2018 by
The Los Angeles multifamily market is at a fork in the road. On the horizon looms a decision that may impact investors, property owners, and renters. According to Richard Green, Director of the Lusk Center for Real Estate at USC, rent growth may be slowing in LA in response to new housing development in the area, yet Los Angeles remains one of the most expensive places for renters in the entire country. With affordable housing as their premise, there is a growing group of supporters that would like to repeal a law which, in conjunction with new development guidelines, has allowed multifamily…
May 8th, 2018 by
On April 26th 2018, Greysteel hosted an Executive Lunch Series event at Bourbon Steak in the Four Seasons Hotel, Washington D.C. The event brought together 35 of the region’s leaders of public and private real estate companies to discuss current projects and market trends amongst peers.