They report that rates compressed among retail, office and industrial as the focus on core assets in primary market combined with a limited supply was the main driver. Investors did not, as insiders expected, “seek opportunistic yields in secondary markets and private credits.” [download report]
The Kauffman Index of Entrepreneurial Activity issued a report this month naming Tennessee as one of the top ten states in the U.S. for entrepreneurial activity, corresponding with the report’s claims that entrepreneurial activity is generally highest in Western and Southern states.
The Kauffman Index of Entrepreneurial Activity by state indicates that 410 of every 100,000 Tennesseans are entrepreneurs. With a 0.14 percentage point change, the Volunteer State was also included in a group of states that the index says experienced the largest positive change in entrepreneurial activity rate over the past ten years. Since 1998, Tennessee has jumped 0.17 percent in entrepreneurial activity. [see index report]