Trusted Insighthttp://thetrustedinsight.com/2024-03-28T15:02:21.374296-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Briq Properties Real Estate Investment : Press Release Of Financial Results 2023 -march 28, 2024 At 02:19 Pm Edt | Marketscreener
2024-03-28T15:02:21.374296-04:00https://www.thetrustedinsight.com/investment-news/briq-properties-real-estate-investment-press-release-of-financial-results-2023-march-28-2024-at-0219-pm-edt-marketscreener-20240328755/
BriQ Properties REIC (the "Company" and the "Group") informs that, according to the consolidated financial statements for the year ended December 31, 2023, rental income amounted to €9,1 million compared to €8,0 million for the previous year, showing an increase of 14%. This increase is mainly due to the leasing of the extension of the first Logistics building (ΚΑD 1) located in the Company's Logistics Park in Aspropyrgos, as well as the annual rent indexation.
Commercial Real Estate Market: Observations And Opportunities | Epiq
2024-03-27T15:31:15.530035-04:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-market-observations-and-opportunities-epiq-20240327701/
The commercial real estate market is in a fragile state. The remote working trend is not reversing anytime soon, if ever. Some analysts believed that once the pandemic ended, people would naturally revert to the “old way” of working – going to the office either full time or most of the time....By: Epiq.
S&p Global Downgrade For 5 Us Regional Over Commercial Real Estate Concerns - First Commonwealth (nyse:fcf), M&t Bank (nyse:mtb)
2024-03-27T07:01:06.300619-04:00https://www.thetrustedinsight.com/investment-news/sp-global-downgrade-for-5-us-regional-over-commercial-real-estate-concerns-first-commonwealth-nysefcf-mt-bank-nysemtb-20240327666/
S&P Global downgraded the outlooks of 5 US regional banks due to risks associated with commercial real estate loans. Investors are concerned about banking sector stability. read more.
Japan's Seibu Holdings Considers Sale Of Tokyo Office Building For $2 Billion: Sources, Et Realestate
2024-03-22T12:01:27.499836-04:00https://www.thetrustedinsight.com/investment-news/japans-seibu-holdings-considers-sale-of-tokyo-office-building-for-2-billion-sources-et-realestate-20240322537/
A deal by the 111-year-old property and railway company would also come as global demand for Japanese commercial real estate remains robust, given attractive terms, including low borrowing costs and stable rents.
What's Hot In Commercial Real Estate, In Charts | Goodwin
2024-03-20T18:31:05.931602-04:00https://www.thetrustedinsight.com/investment-news/whats-hot-in-commercial-real-estate-in-charts-goodwin-20240320460/
AI, operational real estate, and office conversions are among the commercial real estate trends grabbing Goodwin’s attention ahead of our annual Real Estate Capital Markets (RECM) conference....By: Goodwin.
Can South Mumbai Commercial Real Estate Market Catch Up With Bkc With Infra Boost?
2024-03-20T07:31:06.122486-04:00https://www.thetrustedinsight.com/investment-news/can-south-mumbai-commercial-real-estate-market-catch-up-with-bkc-with-infra-boost-20240320432/
Mumbai real estate: South Mumbai, or Sobo, real estate market has over the last five to 10 years lost it prominence owing to dearth of Grade-A office space except for the few at Nariman Point. But will the upcoming infrastructure projects like Mumbai Coastal Road and Mumbai Metro-3 give a boost to the real estate market in Sobo?
Marcus & Millichap : Arranges $4.25M Sale Of Ups Office Building In South Carolina -march 19, 2024 At 07:34 Pm Edt | Marketscreener
2024-03-19T21:01:18.490818-04:00https://www.thetrustedinsight.com/investment-news/marcus-millichap-arranges-425m-sale-of-ups-office-building-in-south-carolina-march-19-2024-at-0734-pm-edt-marketscreener-20240319419/
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients.
Northwest Healthcare Properties Real Estate Investment Trust Appoints Stephanie Karamarkovic As Cfo
2024-03-18T17:01:05.856981-04:00https://www.thetrustedinsight.com/investment-news/northwest-healthcare-properties-real-estate-investment-trust-appoints-stephanie-karamarkovic-as-cfo-20240318345/
TORONTO, March 18, 2024 /CNW/ - Northwest Healthcare Properties Real Estate Investment Trust (the "REIT" or "Northwest") (TSX:NWH), a leading global owner and manager of healthcare real estate infrastructure in the Americas, Australasia, and Europe, is pleased to announce the appointment of Stephanie Karamarkovic as Chief Financial Officer ("CFO"), effective April 15, 2024. Ms. Karamarkovic will be replacing Interim CFO, Karen Martin. Ms. Karamarkovic will be responsible for financial reporting across NWH's global operations, executing on capital management activities, prudent financial management policies and investor relations. Prior to this appointment, Ms. Karamarkovic was formerly Vice ...Full story available on Benzinga.com.
Analyze The Right Data For Your Real Estate Investment
2024-03-16T11:01:06.348609-04:00https://www.thetrustedinsight.com/investment-news/analyze-the-right-data-for-your-real-estate-investment-20240316291/
If you’re looking for a great property to invest in, you'll want to review data for the area you're considering and evaluate local trends.
Northwest Healthcare Properties Real Estate Investment Trust Announces March 2024 Distribution
2024-03-15T10:01:10.470083-04:00https://www.thetrustedinsight.com/investment-news/northwest-healthcare-properties-real-estate-investment-trust-announces-march-2024-distribution-20240315267/
TORONTO, March 15, 2024 /CNW/ - Northwest Healthcare Properties Real Estate Investment Trust (the "REIT" or "Northwest") (TSX:NWH), a leading global owner and manager of healthcare real estate infrastructure in the Americas, Australasia, and Europe, announced today that the Trustees of the REIT have declared a distribution of $0.03 per unit for the month of March 2024, representing $0.36 per unit on an annualized basis. The distribution will be payable on April 15, 2024, to unitholders of record as at March 28, 2024.
Will Commercial Real Estate Sink Or Swim In 2024? | Clark Hill Plc
2024-03-14T17:01:06.778210-04:00https://www.thetrustedinsight.com/investment-news/will-commercial-real-estate-sink-or-swim-in-2024-clark-hill-plc-20240314247/
In 2024, we anticipate that the commercial real estate industry will continue to face distress with some stabilization. This alert focuses on three subsets of the commercial real estate market: retail, office, and multi-family. Each subset has its own outlook. We predict that the retail industry will likely see fewer bankruptcy filings than in 2023, but the distress in office space and multi-family will rise....By: Clark Hill PLC.
'it's Going To Be A Robin Hood Moment' Real Estate Fund Manager Ryan Tseko Says, 'there's Going To Be Fantastic Deals' Over The Next 12 To 18 Months
2024-03-11T21:01:06.916662-04:00https://www.thetrustedinsight.com/investment-news/its-going-to-be-a-robin-hood-moment-real-estate-fund-manager-ryan-tseko-says-theres-going-to-be-fantastic-deals-over-the-next-12-to-18-months-v9eU6CFfVnVcDHzTG6GFu6-20240311131/
Ryan Tseko, Executive Vice President of Cardone Capital, recently shared his insights on the real estate market during Benzinga's Unlocking Real Estate Riches: Property Prosperity In The Digital Era webinar. Tseko’s outlook suggests a promising future for investors eyeing the real estate sector. When asked about the current real estate investment landscape, Tseko expressed optimism, stating, "I think it’s going to be a Robin Hood moment. In the next 12 to 18 months, I think there are going to be fantastic deals. In that sweet spot of $20 million to $150 million, there’s going to be some great opportunities."
'it's Going To Be A Robin Hood Moment' Real Estate Fund Manager Ryan Tseko Says, 'there's Going To Be Fantastic Deals' Over The Next 12 To 18 Months
2024-03-11T14:01:08.503314-04:00https://www.thetrustedinsight.com/investment-news/its-going-to-be-a-robin-hood-moment-real-estate-fund-manager-ryan-tseko-says-theres-going-to-be-fantastic-deals-over-the-next-12-to-18-months-20240311117/
Ryan Tseko, Executive Vice President of Cardone Capital, recently shared his insights on the real estate market during Benzinga's Unlocking Real Estate Riches: Property Prosperity In The Digital Era webinar. Tseko’s outlook suggests a promising future for investors eyeing the real estate sector. When asked about the current real estate investment landscape, Tseko expressed optimism, stating, "I think it’s going to be a Robin Hood moment. In the next 12 to 18 months, I think there are going to be fantastic deals. In that sweet spot of $20 million to $150 million, there’s going to be some great opportunities."
Northwest Healthcare Properties Real Estate Investment Trust Announces Timing For Fourth Quarter Results Conference Call
2024-03-11T11:01:21.920617-04:00https://www.thetrustedinsight.com/investment-news/northwest-healthcare-properties-real-estate-investment-trust-announces-timing-for-fourth-quarter-results-conference-call-20240311101/
TORONTO, March 11, 2024 /CNW/ - Northwest Healthcare Properties Real Estate Investment Trust (the "REIT" or "Northwest") (TSX: NWH.UN), a leading global owner and manager of healthcare real estate infrastructure in the Americas, Australasia, and Europe, invites you to participate in its live conference call with senior management to discuss the REIT's financial results for the fourth quarter and fiscal year 2023. Northwest will issue its fourth quarter and annual 2023 financial results for the three months and year ending December 31, 2023, on Thursday, March 14, 2024, after market close. The Conference Call will take place on Friday, March 15, 2024 at 10:00 a.m.
Why Commercial Real Estate Might Make For Better Investments
2024-03-09T10:01:06.559747-05:00https://www.thetrustedinsight.com/investment-news/why-commercial-real-estate-might-make-for-better-investments-20240309049/
If you’re thinking of investing in property, it can be helpful to understand the differences between residential and commercial as you decide which property to acquire.
Real Estate & Construction News Roundup (3/6/24) – Steep Drop In Commercial Real Estate Investment, Autonomous Robots Being Developed For Construction Projects, And Treasury Department Proposes Regulation For Real Estate Professionals | Pillsbury - Gravel2gavel Construction & Real Estate Law
2024-03-06T17:02:11.247826-05:00https://www.thetrustedinsight.com/investment-news/real-estate-construction-news-roundup-3624-steep-drop-in-commercial-real-estate-investment-autonomous-robots-being-developed-for-construction-projects-and-treasury-department-proposes-regulation-for-real-estate-professionals-pillsbury-gravel2gavel-const-20240306953/
In our latest roundup, major league sports franchises turn to real estate to increase their value, the Associated Builders and Contractors releases a guide on artificial intelligence, New York City helps landlords convert empty office space into housing, and more!...By: Pillsbury - Gravel2Gavel Construction & Real.
Sankei Real Estate Buying Out Tokyo Office Building For $50M
2024-03-04T07:01:06.483096-05:00https://www.thetrustedinsight.com/investment-news/sankei-real-estate-buying-out-tokyo-office-building-for-50m-20240304834/
Sankei Real Estate has agreed to buy out the remaining 49 percent interest it does not own in a central Tokyo office building for JPY 7.5 billion ($50 million), with the TSE-listed REIT also set to acquire a Hokkaido hotel... Read More>>
The post Sankei Real Estate Buying Out Tokyo Office Building for $50M, Adding Hokkaido Hotel appeared first on Mingtiandi.
Bristol Office Building Sold By Ukcm For £14.5M
2024-03-01T07:31:06.663845-05:00https://www.thetrustedinsight.com/investment-news/bristol-office-building-sold-by-ukcm-for-145m-20240301777/
The investment firm believes the property would benefit from an injection of cash for rejuvenation. :
A Bristol city centre office building has been sold off for £14.5m. British real estate investment firm UK Commercial Property REIT (UKCM) agreed the deal with Tri7, a real estate investment and asset management firm. The property - 2 Rivergate in Temple Quay - is 67,000 sq ft and is let for one more year to the Secretary of State for Levelling Up, Housing and Communities until March 2025.
Donald Trump's Commercial Real Estate Sales Face Brutal Market
2024-02-29T18:31:06.453847-05:00https://www.thetrustedinsight.com/investment-news/donald-trumps-commercial-real-estate-sales-face-brutal-market-20240229762/
It's the worst market for many commercial property owners in decades, meaning Trump faces significant losses in his real estate empire if he unloads assets.
Jpmorgan’s Dimon: Commercial Real Estate Is Handling Stress
2024-02-26T20:01:06.630502-05:00https://www.thetrustedinsight.com/investment-news/jpmorgans-dimon-commercial-real-estate-is-handling-stress-20240226616/
JP Morgan Chase CEO Jamie Dimon said Monday (Feb. 26) that most owners of commercial real estate will be able to “muddle through” the current economic environment. Those owners will be able to refinance and put more equity in, if there is not a recession, Dimon told CNBC Monday, according to a Bloomberg report. Because many property owners are […]
The post JPMorgan’s Jamie Dimon Says Commercial Real Estate Owners Are Handling Stress appeared first on PYMNTS.com.
Commercial Real Estate Distress Soars In Key Corner Of The Debt Market
2024-02-26T14:01:26.906873-05:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-distress-soars-in-key-corner-of-the-debt-market-20240226604/
Kena Betancur/VIEWpress
Distress in a corner of the commercial mortgage market rose 440% in the last year. Loans packaged into commercial real estate CLOs saw a big uptick in distress. Multifamily and office borrowers accounted for the brunt of the distress. Distress levels in an important corner of the commercial real estate debt market have rocketed higher in the last year. Commercial mortgages packaged into collateralized loan obligations and sold to investors as bonds saw a distress rate of 8.6% in January, marking a huge jump from the beginning of 2023 when the rate was 1.4%.
Commercial Real Estate: At Least 30% Of Office Buildings 'basically Worth Nothing,' Analyst Says
2024-02-25T06:31:06.191264-05:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-at-least-30-of-office-buildings-basically-worth-nothing-analyst-says-20240225561/
“It’s the most adaptable that survives,” says housing analyst Fred Cordova, who sees a lot of demolition ahead. :
As remote work keeps employees out of the office and vacancy rates sit at all-time highs, commercial property owners are desperately trying to avoid default: by upgrading their spaces to attract new tenants, converting their space into apartments or simply offloading their assets. One longtime industry professional doesn’t think that will be enough. As the market evolves, says Fred Cordova, of Santa Monica-based Corion Enterprises, there won’t be room for everyone—and about a third of office buildings are endangered species.
Canterbury Park Holding: Real Estate Monetization Adding Significant Cash (nasdaq:cphc)
2024-02-18T06:01:37.305226-05:00https://www.thetrustedinsight.com/investment-news/canterbury-park-holding-real-estate-monetization-adding-significant-cash-nasdaqcphc-20240218354/
Canterbury Park Holding Corporation (NASDAQ:CPHC) has begun monetizing the valuable real estate surrounding their race track & casino with significant land sales and equity investments in related partnerships. The stock price is at $21.52 per share which reveals a current market cap of $105 million. Investors can purchase this business for approximately $1 per share considering the sum of cash, real estate equity investments & receivable notes and land imbedded within the stock price.
Vacant Office Buildings Are Making City Budgets Vulnerable
2024-02-16T22:01:06.506608-05:00https://www.thetrustedinsight.com/investment-news/vacant-office-buildings-are-making-city-budgets-vulnerable-20240216328/
Sign up for the Marketplace newsletter to get the day’s biggest business stories, our economic analysis, and explainers to help you live smarter, straight to your inbox every weekday evening. “Marketplace” Host Kai Ryssdal talks to Nela Richardson at ADP and Sudeep Reddy at Politico about the global economy, the latest CPI report and the dissonance in recent jobs data. Vacant offices have been tough on the commercial real estate industry, and more recently lenders that have built a big business on those property loans. But the biggest losers are cities that depend on commercial property taxes.
Northwest Healthcare Properties Real Estate Investment Trust Announces February 2024 Distribution
2024-02-15T07:31:17.503346-05:00https://www.thetrustedinsight.com/investment-news/northwest-healthcare-properties-real-estate-investment-trust-announces-february-2024-distribution-20240215261/
TORONTO, Feb. 15, 2024 /CNW/ - Northwest Healthcare Properties Real Estate Investment Trust (the "REIT" or "Northwest") (TSX:NWH) a leading international owner and operator of healthcare real estate infrastructure in Europe, the Americas and Australasia, announced today that the Trustees of the REIT have declared a distribution of $0.03 per unit for the month of February 2024, representing $0.36 per unit on an annualized basis. The distribution will be payable on March 15, 2024, to unitholders of record as at February 29, 2024. Full story available on Benzinga.com.
Commercial Real Estate Crisis Is Worst Since 2008, German Bank Says
2024-02-13T16:31:06.060262-05:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-crisis-is-worst-since-2008-german-bank-says-20240213202/
Deutsche Pfandbriefbank warned that the commercial real estate sector faces a crisis on par with the 2008 downturn.Reinhard Krause/Reuters
Deutsche Pfandbriefbank AG said it's bracing for an ongoing decline in commercial real estate. It called the downturn "the greatest real estate crisis since the financial crisis." Shares of the German bank have declined about 25% year-to-date. Signs of commercial real estate distress continue to mount, with the latest warning coming from German lending giant Deutsche Pfandbriefbank AG.
Remote Work And Commercial Real Estate Crunch Lead To Collapse In Construction
2024-02-13T12:01:06.984537-05:00https://www.thetrustedinsight.com/investment-news/remote-work-and-commercial-real-estate-crunch-lead-to-collapse-in-construction-20240213193/
Just look at Chicago, where there was only one groundbreaking on an office building last year, with zero expected in 2024.
This Real Estate Kingpin Maps Out The Path To Megadeals - The New York Times
2024-02-12T06:07:35.838087-05:00https://www.thetrustedinsight.com/investment-news/this-real-estate-kingpin-maps-out-the-path-to-megadeals-the-new-york-times-20240212119/
Widely considered the top commercial sales broker in New York City, the largest commercial market in the country, Bob Knakal’s deals total $22 billion — and counting.
Britain's Tritax Big Box Agrees On Possible $1.17B Offer For Rival Ukcm -february 12, 2024 At 02:43 Am Est | Marketscreener
2024-02-12T06:01:35.270301-05:00https://www.thetrustedinsight.com/investment-news/britains-tritax-big-box-agrees-on-possible-117b-offer-for-rival-ukcm-february-12-2024-at-0243-am-est-marketscreener-20240212113/
(marketscreener.com) UK real estate investment trust
Tritax Big Box has reached an agreement for a possible
all-share offer for rival UK Commercial Property REIT Ltd
valued at 924 million pounds , the
companies said on Monday. Under the terms of the possible deal, every UKCM owner will
get 0.444 new Tritax shares for each share they hold. The
companies...https://www.marketscreener.com/quote/stock/UK-COMMERCIAL-PROPERTY-RE-4006380/news/Britain-s-Tritax-Big-Box-agrees-on-possible-1-17-bln-offer-for-rival-UKCM-45929652/?utm_medium=RSS&utm_content=20240212.
Office Building Remain Half Empty But Cities Can Cope For Now
2024-02-10T17:31:17.052179-05:00https://www.thetrustedinsight.com/investment-news/office-building-remain-half-empty-but-cities-can-cope-for-now-20240210095/
The reluctance or in some cases refusal of workers to return to offices has shaken the real estate market. :
Four years after Covid-19 filled hospital emergency rooms, closed schools and emptied out cities, US offices remain about half vacant. Office occupancy in 10 of the largest US metropolitan areas rose to a new high of 53% for the week ended Jan. 31, according to Kastle Systems, a firm that provides security to buildings. The firm’s barometer on how corporate return-to-office policies is going has been hovering around that level for 13 months.
China's Real Estate Crisis Sends Shockwaves Across The World As Investors Scramble | World | News
2024-02-09T11:01:05.875178-05:00https://www.thetrustedinsight.com/investment-news/chinas-real-estate-crisis-sends-shockwaves-across-the-world-as-investors-scramble-world-news-20240209064/
Beijing's crackdown on excessive borrowing has weighed on growth and sapped the confidence of investors and consumers. :
The impact of China's property crisis is being felt around the world with investors and creditors trying to sell global real estate to shore up their domestic holdings and pay off debt. China's property sector accounts for almost a third of the country's economic activity and an industry-wide meltdown, triggered by a crackdown on excessive borrowing which began several years ago, has not only weighed on growth but sapped the confidence of investors and consumers.
Commercial Real Estate: Crisis And Opportunities
2024-02-08T20:01:06.071515-05:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-crisis-and-opportunities-20240208039/
The commercial real estate market has been in turmoil over the past two years, experiencing a significant downturn. The market has seen a 40% drawdown since early 2022. The severity...
Yellen Sees More Commercial Real Estate Stress, Losses, But No Systemic Banking Risk -february 08, 2024 At 12:42 Pm Est | Marketscreener
2024-02-08T14:01:06.158639-05:00https://www.thetrustedinsight.com/investment-news/yellen-sees-more-commercial-real-estate-stress-losses-but-no-systemic-banking-risk-february-08-2024-at-1242-pm-est-marketscreener-20240208025/
(marketscreener.com) U.S. Treasury Secretary
Janet Yellen said on Thursday that she expects additional bank
stress and financial losses from weakness in the commercial real
estate market but believes this will not pose a systemic risk to
the banking system. Yellen told a Senate Banking Committee hearing that bank
regulators are working with banks to...https://www.marketscreener.com/quote/stock/INSURANCE-GROUP-LIMITED-25531360/news/Yellen-sees-more-commercial-real-estate-stress-losses-but-no-systemic-banking-risk-45916270/?utm_medium=RSS&utm_content=20240208.
International Monetary Fund Sounds Warning Over Us Commercial Real Estate Market
2024-02-07T12:01:06.213614-05:00https://www.thetrustedinsight.com/investment-news/international-monetary-fund-sounds-warning-over-us-commercial-real-estate-market-20240207975/
If you want a barometer for how dark the storm clouds gathering over America's commercial real estate market are, look no further than a recent warning by the International Monetary Fund (IMF). In late January, the IMF posted an article on monetary policy expressing deep concern over the impact of two specific threats to commercial real estate: rapidly rising and maturing debt paired with declining property values.
Office Buildings Selling For 50% Less Than 2018 Prices: Use This Hack To Take Advantage Of It - Boston Props (nyse:bxp)
2024-02-06T10:31:06.018334-05:00https://www.thetrustedinsight.com/investment-news/office-buildings-selling-for-50-less-than-2018-prices-use-this-hack-to-take-advantage-of-it-boston-props-nysebxp-20240206923/
Boston Properties, Inc. (NYSE:BXP), boasting a dividend yield of 6.2%, presents a compelling investment landscape within the commercial real estate sector, especially well-positioned to capitalize on the trend of depreciating office building valuations. Specializing in the ownership, development, and management of Class A office properties in key U.S. urban centers, Boston Properties is strategically poised to leverage market downturns for portfolio expansion and value optimization, offering investors robust growth-oriented returns amidst a fluctuating real estate environment. Don't Miss:
Investing in real estate just got a whole lot simpler.
As Banks Retreat, One Debt Fund Eyes $2B In Commercial Real-estate Loans In 2024
2024-02-01T09:31:06.721908-05:00https://www.thetrustedinsight.com/investment-news/as-banks-retreat-one-debt-fund-eyes-2b-in-commercial-real-estate-loans-in-2024-20240201791/
Ran Eliasaf’s Northwind Group sees big lending opportunities in commercial buildings that need a short-term lifeline. :
Ran Eliasaf’s Northwind Group sees big lending opportunities this year in commercial buildings that need a short-term lifeline. The Manhattan-based, real-estate private-equity firm and debt-fund manager has already originated about $300 million in commercial-property loans through the first month of the new year — roughly twice the volume it did over the same stretch of 2023, according to Eliasef.
Office Real Estate Losses Will Hit $1 Trillion, Barry Sternlicht Says
2024-01-30T16:31:06.237324-05:00https://www.thetrustedinsight.com/investment-news/office-real-estate-losses-will-hit-1-trillion-barry-sternlicht-says-20240130722/
Barry Sternlicht, Chairman and CEO, Starwood Capital Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 3, 2022.PATRICK T. FALLON/AFP via Getty Images
Billionaire Starwood CEO Barry Sternlicht sees losses on office properties hitting $1 trillion, per Bloomberg. The billionaire slammed the Fed for leaving a "serious mess" in the real estate market. Office values have plummeted as remote work proves to be a lasting legacy of the pandemic. The ailing office market is headed for $1 trillion of losses, billionaire and Starwood Capital CEO Barry Sternlicht said.
Northwest Healthcare Properties Real Estate Investment Trust Announces Changes To Its Board Of Trustees
2024-01-30T07:31:06.674430-05:00https://www.thetrustedinsight.com/investment-news/northwest-healthcare-properties-real-estate-investment-trust-announces-changes-to-its-board-of-trustees-20240130697/
TORONTO, Jan. 30, 2024 /CNW/ - Northwest Healthcare Properties Real Estate Investment Trust (the "REIT" or "Northwest") (TSX:NWH) today announced the retirement of Mr. Robert Baron from the Board of Trustees of the REIT (the "Board") effective January 29, 2024. Following Mr. Baron's retirement, the Board has appointed Mr. Robert "Bobby" Julien and Mr. Graham Garner to the Board, to fill the two vacancies on the Board. Mr. Garner will also serve as a member of the REIT's Strategic Review, Audit, and Compensation, Governance and Nominating Committees.
Editorial: A Commercial Property Market In Distress
2024-01-26T06:01:15.504629-05:00https://www.thetrustedinsight.com/investment-news/editorial-a-commercial-property-market-in-distress-20240126599/
Photo: Shutterstock.com. :
Property developers often believe their investment is the fastest and easiest way towards wealth and that, at worst, a ‘soft landing’ for the market would result. Banks traditionally financed property investments wanting to grow their balance sheet. Still, property development is increasingly being funded through the official debt market, where thousands of small, inexperienced investors often fail to understand risk pricing. Massive overvaluations of property are among the foremost harbingers of an asset bubble. So, is the property market, especially the commercial sector, facing the risk of a bubble burst?
The Real Estate Market Is A 'slow Moving Train Wreck' As Default Looms
2024-01-25T16:01:06.094347-05:00https://www.thetrustedinsight.com/investment-news/the-real-estate-market-is-a-slow-moving-train-wreck-as-default-looms-20240125585/
Manhattan skylinemarchello74/Getty Images
The real estate market looks like a "slow moving train wreck" as a massive default looms, experts told Fox Business News. Howard Lutnick said a $700 billion default is likely with huge pile of commercial real estate debt due. "The Fed will have to cut rates because that's what's creating the problem." The US economy may be going strong, but the commercial property market is still in trouble.
Jrs: Inflation Not Beaten, But This Discounted Real Estate Fund Can Help
2024-01-24T15:31:05.885468-05:00https://www.thetrustedinsight.com/investment-news/jrs-inflation-not-beaten-but-this-discounted-real-estate-fund-can-help-20240124546/
The Nuveen Real Estate Income Fund (NYSE:JRS) is a closed-end fund, or CEF, that income-focused investors can use to obtain a much higher level of income than most real estate investment trusts, or REITs, are able to deliver and still retain the inherent protection against inflation that real estate is able to provide. This is immediately apparent in the fund’s 8.99% current yield, which is far above the 2.85% yield of the iShares U.S. Real Estate ETF (IYR).
Gtis Partners And Clyde Capital Joint Venture Announce $250M Mixed-use Development Project In Phoenix
2024-01-23T10:31:06.738923-05:00https://www.thetrustedinsight.com/investment-news/gtis-partners-and-clyde-capital-joint-venture-announce-250m-mixed-use-development-project-in-phoenix-20240123486/
NEW YORK, Jan. 23, 2024 /PRNewswire/ -- GTIS Partners ("GTIS"), a global real estate investment firm managing $4.5 billion in gross assets with a U.S. focus on residential and industrial/logistics investments, and Clyde Capital ("Clyde"), a vertically integrated commercial real estate investment and development company, announced today the development of a $250 million mixed-use, master-planned community in Surprise, Arizona, which is located within the Phoenix MSA. The project will include a build-to-rent community, retail space and a medical facility, and will be built across 90 acres of land acquired by GTIS and Clyde.
How To Become A Commercial Real Estate Agent | U.s. News
2024-01-22T14:31:06.841676-05:00https://www.thetrustedinsight.com/investment-news/how-to-become-a-commercial-real-estate-agent-us-news-20240122457/
Looking for an opportunity to earn more in real estate? Consider a focus on commercial properties. :
If you're interested in a career in real estate with a high-earning opportunity, you may want to focus on commercial properties. The exact numbers vary by source, but according to National Association of Realtors data, the median residential real estate agent made $34,100 in gross income in 2020. Commercial real estate agents? They brought in over $150,000. Real estate education provider McKissock estimates commercial real estate agent earnings are even higher – about $166,000 annually.
Cromwell European Real Estate Investment Trust Completes The Nervesa21 Office Development In Milan, Italy And Signed Three Major Tenant-customers For C. 70% Of The Space -january 21, 2024 At 05:58 Pm Est | Marketscreener
2024-01-22T06:01:28.219196-05:00https://www.thetrustedinsight.com/investment-news/cromwell-european-real-estate-investment-trust-completes-the-nervesa21-office-development-in-milan-italy-and-signed-three-major-tenant-customers-for-c-70-of-the-space-january-21-2024-at-0558-pm-est-marketscreener-20240122432/
(marketscreener.com) Cromwell EREIT Management Pte. Ltd., the manager of Cromwell European Real Estate Investment Trust , has largely completed the Nervesa21 office development in Milan, Italy and signed three major tenant-customers for c. 70% of the space, including the previously announced anchor tenant Universal Music Group. Nervesa21 is 70% pre-let and largely...https://www.marketscreener.com/quote/stock/CROMWELL-EUROPEAN-REAL-ES-41710537/news/Cromwell-European-Real-Estate-Investment-Trust-Completes-the-Nervesa21-Office-Development-in-Milan-45781686/?utm_medium=RSS&utm_content=20240121.
Rxr Launches $1B Fund To Revive New York City's Office Building Market - Ares Management (nyse:ares), Anywhere Real Estate (nyse:hous), Re/max Hldgs (nyse:rmax), Redfin (nasdaq:rdfn)
2024-01-21T17:31:06.787069-05:00https://www.thetrustedinsight.com/investment-news/rxr-launches-1b-fund-to-revive-new-york-citys-office-building-market-ares-management-nyseares-anywhere-real-estate-nysehous-remax-hldgs-nysermax-redfin-nasdaqrdfn-20240121423/
RXR, a major property developer led by CEO Scott Rechler, has announced the launch of a $1 billion fund specifically designed to invest in New York City's distressed office buildings, marking a potential new chapter in the ongoing commercial real estate crisis. What Happened: As part of the launch, RXR is collaborating with Ares Management (NYSE: ARES), a renowned alternative investment manager with a substantial portfolio in real estate assets.
Cloud Hangs Over Commercial Real Estate As Trillions In Debt Set To Come Due | The Daily Caller
2024-01-17T20:01:06.285500-05:00https://www.thetrustedinsight.com/investment-news/cloud-hangs-over-commercial-real-estate-as-trillions-in-debt-set-to-come-due-the-daily-caller-20240117326/
'Unwilling to accept reality':
Commercial real estate is facing a mountain of debt that many borrowers could have trouble refinancing due to a rapid hike in interest rates and record vacancies, according to The Wall Street Journal. Around $2.81 trillion in commercial real estate loans are set to expire through 2028, meaning borrowers would either have to pay the amount outright or refinance the debt with higher interest rates, according to data from market research group Trepp.
Thoughts On Leasing In A Troubled Commercial Real Estate Market | Miller Nash Llp
2024-01-17T16:01:06.103717-05:00https://www.thetrustedinsight.com/investment-news/thoughts-on-leasing-in-a-troubled-commercial-real-estate-market-miller-nash-llp-20240117312/
The COVID-19 pandemic brought changes to all aspects of life, some of which will never revert. In the world of real estate, the most significant change stems from the race to remote work instigated by the pandemic. Many companies and office workers discovered that working remotely was just as efficient, if not more, than working in an office. Today some companies are requiring workers to return to the office, but many are either instituting hybrid policies or not requiring return at all. This...By: Miller Nash LLP.
Office Properties Lead Surge In Commercial Real Estate Delinquencies
2024-01-16T13:01:06.368223-05:00https://www.thetrustedinsight.com/investment-news/office-properties-lead-surge-in-commercial-real-estate-delinquencies-20240116263/
Getty Images
Delinquency rates on loans backed by office properties jumped to 6.5% in the fourth quarter, an MBA survey found. Out of all the commercial real estate loan delinquency rates tracked by the survey, office loans led the pack. "Many properties and loans still face higher rates, uncertainty about property values and – for some properties – changes in fundamentals."
Northwest Healthcare Properties Real Estate Investment Trust Announces January 2024 Distribution
2024-01-15T18:31:05.676354-05:00https://www.thetrustedinsight.com/investment-news/northwest-healthcare-properties-real-estate-investment-trust-announces-january-2024-distribution-20240115225/
TORONTO, Jan. 15, 2024 /CNW/ - Northwest Healthcare Properties Real Estate Investment Trust (the "REIT" or "Northwest") (TSX:NWH) announced today that the Trustees of the REIT have declared a distribution of $0.03 per unit for the month of January 2024, representing $0.36 per unit on an annualized basis. The distribution will be payable on February 15, 2024, to unitholders of record as at January 31, 2024. About Northwest Healthcare Properties Real Estate Investment ...Full story available on Benzinga.com.
Nuvama Amc, Cushman & Wakefield To Raise Rs 3,000 Cr Commercial Real Estate Fund
2024-01-10T12:01:37.996614-05:00https://www.thetrustedinsight.com/investment-news/nuvama-amc-cushman-wakefield-to-raise-rs-3000-cr-commercial-real-estate-fund-20240110059/
The AMC said that the new entity, named Nuvama and Cushman Wakefield Management Private Limited (NCW), will offer full suite of capabilities for investing in commercial real estate.
Commercial Real Estate Outlook ‘muted’ In 2024 With Offices Feeling 'the Most Strain': Moody's Economist
2024-01-04T17:01:12.918838-05:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-outlook-muted-in-2024-with-offices-feeling-the-most-strain-moodys-economist-20240104896/
“Across all sectors," says Ermengarde Jabir, senior economist with Moody's Analytics, "there will be a continued recalibration of sorts.”:
The commercial real estate market is still reeling from the aftermath of the pandemic—and 2023 was a particularly bad year for the sector. Last fall, Julie Whelan, CBRE’s global head of occupier research, told Fortune that it was no secret how bad office vacancies were: a 30-year high at around 18%. At the same time, there was a dramatic undersupply of multifamily properties.
Neiman Marcus Doubled Down On Working From Anywhere After Dumping Half A Billion Feet Of Office Space
2024-01-04T17:01:06.945985-05:00https://www.thetrustedinsight.com/investment-news/neiman-marcus-doubled-down-on-working-from-anywhere-after-dumping-half-a-billion-feet-of-office-space-20240104895/
People-first policies go hand in hand with real estate decisions, chief people officer Eric Severson said. “And we decided to go deep.”
Adapting To Shifts In 2024 Real Estate Investment Landscape | Levenfeld Pearlstein, Llc
2024-01-03T15:31:06.461877-05:00https://www.thetrustedinsight.com/investment-news/adapting-to-shifts-in-2024-real-estate-investment-landscape-levenfeld-pearlstein-llc-20240103844/
The landscape of commercial real estate investment encountered substantial hurdles in 2023. Challenges such as sluggish rent growth, reduced transaction volume, and the emergence of potential debt-related distress impacted the industry. Looking ahead, the year 2024 presents a fresh array of opportunities and challenges, heavily influenced by two primary factors: interest rates and debt-related stress....By: Levenfeld Pearlstein, LLC.
What's Next For Commercial Real Estate?
2023-12-30T07:01:06.194820-05:00https://www.thetrustedinsight.com/investment-news/whats-next-for-commercial-real-estate-20231230722/
While the commercial real estate market is facing substantial headwinds, it’s far from collapsing. But it’s still a rough road ahead, particularly for the office sector.
Year Ender: Top Commercial Real Estate Deals In Bengaluru That Stood Out In 2023
2023-12-29T06:01:06.227741-05:00https://www.thetrustedinsight.com/investment-news/year-ender-top-commercial-real-estate-deals-in-bengaluru-that-stood-out-in-2023-20231229684/
Experts say the office supply completions across the top seven cities in India will touch 165 million square feet between 2023 and 2025 while Bengaluru will lead the supply with 29 percent of the total share in India.
Hines Pays Aew Capital $87M For Chicagoland Industrial
2023-12-28T19:31:06.789936-05:00https://www.thetrustedinsight.com/investment-news/hines-pays-aew-capital-87m-for-chicagoland-industrial-20231228682/
Hines is extending its push into industrial real estate with a big purchase that allowed AEW Capital Management to cash out on the pandemic-fueled warehouse boom. Houston-based Hines paid Boston-based AEW more than $87 million, or $79 per square foot, for the two-building, 1.1 million-square-foot complex at 4700-5000 Proviso Drive in Melrose Park, CoStar reported. […]
The post Hines snags Melrose Park warehouses for $87M appeared first on The Real Deal.
Bridge Investment Sells Doral Offices To Tricera Capital
2023-12-28T06:01:06.319943-05:00https://www.thetrustedinsight.com/investment-news/bridge-investment-sells-doral-offices-to-tricera-capital-20231228655/
Tricera Capital bought The Offices at Doral Square for $28.5 million, The Real Deal has learned. Tricera, led by Ben Mandell, and its partners purchased the eight-story office building at 8600 Northwest 36th Street and adjacent three-story garage in Doral from Bridge Investment Group, according to a memo Tricera sent to its investors, obtained by […]
The post Ben Mandell’s Tricera, partners buy Doral office building for $29M appeared first on The Real Deal.
California Office Building Sells At 52% Less Than 2018 Price
2023-12-27T09:32:16.345782-05:00https://www.thetrustedinsight.com/investment-news/california-office-building-sells-at-52-less-than-2018-price-20231227641/
Harbor Associates and F&F Capital Group bought the five-story Los Angeles property for about $44.7 million. The building last sold in 2018 for $92.5 million.
Tempus Realty Partners Announces Successful Sale Of Final Property In $21.6M Portfolio
2023-12-21T12:01:06.884071-05:00https://www.thetrustedinsight.com/investment-news/tempus-realty-partners-announces-successful-sale-of-final-property-in-216m-portfolio-20231221484/
LITTLE ROCK, Ark., Dec. 21, 2023 /PRNewswire/ -- Tempus Realty Partners, an Arkansas-based real estate investment partnership, is pleased to announce the disposition of the last property in Portfolio 1 for $5.2M. The sale completes all dispositions in Tempus' Portfolio 1, totaling $21.6M.
Capital Economics Sees A $480B Wipeout In Commercial Real Estate Values Next Year
2023-12-19T10:31:21.506924-05:00https://www.thetrustedinsight.com/investment-news/capital-economics-sees-a-480b-wipeout-in-commercial-real-estate-values-next-year-20231219401/
Here’s a closer look at the carnage, according to the firm’s recently published 2024 commercial property outlook. :
More trouble awaits the commercial real estate market next year, and it comes down to weak growth and high interest rates that will push property values down even further, according to a new report. Commercial real estate property values will fall another 10% next year, after falling 11% this year, Capital Economics’ deputy chief property economist, Kiran Raichura, wrote in a recently released outlook for next year.
Commercial Real Estate: Us Office Values To Crash Another 20% In 2024
2023-12-15T13:01:17.476322-05:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-us-office-values-to-crash-another-20-in-2024-20231215274/
Shoriful Chowdhury / Shutterstock.com
America's office market is bound for another 20% decline in value next year, Capital Economics estimated. That's largely due to waning demand for offices as work-from-home remains popular. Analysts said it will likely take two decades or more before values regain their early-2020 peak. America's office market is still in the midst of a major correction, and office buildings still have another 20% price plunge ahead, according to Capital Economics. "Persistent weak growth and elevated (albeit soon-to-be-falling) interest rates continue to spell trouble for real estate values," the research firm said in a note on Friday.
Aussie Real Estate Firm Dexus's Independent Portfolio Valuations Show 5.2% Decline
2023-12-14T20:31:18.513936-05:00https://www.thetrustedinsight.com/investment-news/aussie-real-estate-firm-dexuss-independent-portfolio-valuations-show-52-decline-20231214245/
Australian real estate company Dexus said on Friday the book value of its portfolio declined by 5.2% for the six months to end-December, according to draft third-party independent valuations.
Cognizant Technologies: Cognizant Plans To Sell Office Assets In Hyderabad, Chennai, Et Telecom
2023-12-12T06:01:31.838071-05:00https://www.thetrustedinsight.com/investment-news/cognizant-technologies-cognizant-plans-to-sell-office-assets-in-hyderabad-chennai-et-telecom-20231212077/
"Cognizant is re-evaluating its entire real estate portfolio and has given up rented properties in some geographies. In some cases, the company has renegotiated the rent and downsized the assets too," said multiple people aware of the deal.
From Singapore To South Korea, Commercial Property Deals Falter - Nikkei Asia
2023-12-10T18:02:17.023408-05:00https://www.thetrustedinsight.com/investment-news/from-singapore-to-south-korea-commercial-property-deals-falter-nikkei-asia-20231210021/
SINGAPORE -- From Singapore to South Korea, investors are shying away from property deals involving office buildings, malls and other commercial assets, fearing that interest rate increases and geopolitical turmoil could threaten global growth. A November report by commercial real estate and investment management company JLL showed that commercial real estate investment activity in the Asia-Pacific region fell 22%, year-on-year, in the July to September period, representing the lowest quarterly total since the second quarter of 2010.
Vanguard Real Estate Etf: Great Buy Going Into 2024 (nysearca:vnq)
2023-12-05T10:31:17.342618-05:00https://www.thetrustedinsight.com/investment-news/vanguard-real-estate-etf-great-buy-going-into-2024-nysearcavnq-20231205797/
Vanguard Real Estate ETF (NYSEARCA:VNQ) is a fund that primarily invests in the public equity markets of the United States, focusing on companies within the REITs (real estate investment trusts) sector. It pursues a strategy of investing in both growth and value stocks across diverse market capitalizations. Launched on May 13, 1996, Vanguard Real Estate ETF aims to achieve a high level of income and moderate long-term capital appreciation. VNQ has a modest dividend yield of 4.3%.
Rsr Singular Assets Europe Socimi S A : Acquisition Of Building In Madrid -december 04, 2023 At 12:20 Pm Est | Marketscreener
2023-12-04T13:01:06.823049-05:00https://www.thetrustedinsight.com/investment-news/rsr-singular-assets-europe-socimi-s-a-acquisition-of-building-in-madrid-december-04-2023-at-1220-pm-est-marketscreener-20231204753/
We are pleased to announce that, on June 2023, the Company acquired a tourist apartment building in Madrid with a built up area of 3.607 sqm. The Company will invest a total of €25M euros including purchase and renovation of the property. The acquisition was financed with shareholder contribution in equity and the CAPEX will be financed via equity and bank financing. The Company's asset portfolio totals eight properties, of which five are hotels, two are tourist apartments buildings and one is currently an office building.
Why Residential Conversions Can’t Save Commercial Real Estate
2023-12-04T12:36:28.841239-05:00https://www.thetrustedinsight.com/investment-news/why-residential-conversions-cant-save-commercial-real-estate-20231204751/
Despite return-to-office mandates, occupancy still suffers from a high vacancy rate of 13.3%. :
When the pandemic started and office occupancy plummeted, many outside of the commercial real estate industry suggested that office space in major cities could–and would be likely–converted to residential-use space. When the lockdowns first began in March 2020, that probably seemed like a reasonable prediction.
Philippines’ Areit To Buy Properties From Parent Ayala Land, Affiliates For $542M
2023-12-04T06:06:09.221007-05:00https://www.thetrustedinsight.com/investment-news/philippines-areit-to-buy-properties-from-parent-ayala-land-affiliates-for-542m-20231204720/
AREIT Inc—the real estate investment trust controlled by billionaire Jaime Zobel de Ayala and his family’s Ayala Land Inc. (ALI)—said last week it has agreed to buy prime properties worth 30 billion pesos ($542 million) from its parent and affiliate companies.
Insight Report 3 - Scaling Up Sustainable Real Estate Investment | Bryan Cave Leighton Paisner
2023-12-01T19:01:06.684501-05:00https://www.thetrustedinsight.com/investment-news/insight-report-3-scaling-up-sustainable-real-estate-investment-bryan-cave-leighton-paisner-20231201675/
To increase the sustainability standards of commercial real estate and meet corporate demand for more sustainable rental options, our global real estate study identifies three key barriers that need to be overcome......By: Bryan Cave Leighton Paisner.
4 Ways Landlords Can Navigate The Commercial Real Estate Crisis
2023-11-30T16:01:05.711426-05:00https://www.thetrustedinsight.com/investment-news/4-ways-landlords-can-navigate-the-commercial-real-estate-crisis-20231130630/
Commercial real estate is still feeling the disruption of the COVID-19 pandemic. :
Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Bruce Mosler, global brokerage chairman at Cushman and Wakefield, joined 'Varney & Co.’ to discuss the impact remote work has had on New York City office space. Almost four years later, commercial real estate is still feeling the disruption of the COVID-19 pandemic.
Japan Office Market Faces Foreign Sell-off Amid Rising Rates - Nikkei Asia
2023-11-29T15:31:06.560884-05:00https://www.thetrustedinsight.com/investment-news/japan-office-market-faces-foreign-sell-off-amid-rising-rates-nikkei-asia-20231129572/
TOKYO -- The international investors who had driven Japan's office building market are on track to become net sellers for the first time in four years in 2023, as falling rents and rising interest rates dim its appeal. In the first nine months of 2023, foreign investors' sales of Japanese real estate more than doubled on the year to 1.05 trillion yen ($7.1 billion) while their purchases fell about 20% to 830 billion yen, according to real estate services company CBRE. If these trends hold, it would mark the first full year of net selling since 2019.
Commercial Real Estate Market Size To Grow By USD 260.37 Billion From 2022 - 2027 | The Growing Commercial Sector Globally Is Driving The Market Growth - Technavio
2023-11-23T06:01:28.665483-05:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-market-size-to-grow-by-usd-26037-billion-from-2022-2027-the-growing-commercial-sector-globally-is-driving-the-market-growth-technavio-20231123364/
NEW YORK, Nov. 22, 2023 /PRNewswire/ -- The Commercial Real Estate Market size is projected to grow by USD 260.37 billion from 2022 to 2027. Technavio's latest market research report estimates that the commercial real estate market will progress at a CAGR of 3.3%. The market is driven by the growing global commercial sector, increased by rapid industrialization, urbanization, and increased investments in construction across emerging economies like China, Thailand, Malaysia, and Indonesia. The Middle East and India have also witnessed substantial investments in commercial spaces, attracting foreign interest.
Commercial Real Estate: Europe’s Central Bank Sounds A Warning On The World’s Empty Offices
2023-11-21T22:01:06.663639-05:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-europes-central-bank-sounds-a-warning-on-the-worlds-empty-offices-20231121314/
It’s a toxic mix: commercial property companies are over-leveraged, borrowing costs are surging, vacancy rates have risen as people work from home, and property values are falling.
Boomtown Rising: Unveiling The Next Austin
2023-11-20T10:31:09.716753-05:00https://www.thetrustedinsight.com/investment-news/boomtown-rising-unveiling-the-next-austin-20231120224/
Over the past decade, the eclectic beats of Austin's music scene melded with the steady pulse of a booming tech industry — a combination that's seen the city emerge into a top-tier market. The Lone Star State's capital city is home to the University of Texas, Dell Technologies founder Michael Dell and country music legend Willie Nelson, all of which could have influenced its rise. Austin ranks among the top targets for commercial real estate investment, taking the No. 2 spot for the second consecutive year in CBRE's 2023 U.S. Investor Intentions survey.
Nar Chief Economist Says Commercial Real Estate Will Revitalize, Calls On Federal Reserve To Consider Cutting Interest Rates
2023-11-16T11:36:08.518696-05:00https://www.thetrustedinsight.com/investment-news/nar-chief-economist-says-commercial-real-estate-will-revitalize-calls-on-federal-reserve-to-consider-cutting-interest-rates-20231116076/
ANAHEIM, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Commercial property rates are expected to stabilize – aside from office space – and commercial real estate will revitalize, according to NAR Chief Economist Lawrence Yun.Yun presented yesterday at the Commercial Economic Issues and Trends Forum at 2023 NAR NXT, The Realtor® Experience, in Anaheim, California, to discuss economic trends and issues affecting the commercial real estate industry. "There's tremendous difficulty in the commercial real estate market with higher interest rates," Yun explained.
Fulton Street Companies And Skender Break Ground On 409,000-square-foot Office Building At 919 W Fulton Street In Chicago
2023-11-15T19:31:06.601740-05:00https://www.thetrustedinsight.com/investment-news/fulton-street-companies-and-skender-break-ground-on-409000-square-foot-office-building-at-919-w-fulton-street-in-chicago-20231115050/
CHICAGO, Nov. 15, 2023 /PRNewswire/ -- Skender joined developer Fulton Street Companies and community leaders today to celebrate the groundbreaking of 919 W Fulton Street, a new 11-story mixed-use office development in Chicago's Fulton Market neighborhood. The 409,000-square-foot project marks Chicago's first major new office development to commence construction in over a year. The building's notable tenants will include Chicago-based real estate investor Harrison Street Real Estate Capital and a first-floor restaurant from the Gibsons Restaurant Group. "Today's groundbreaking event is a win for Chicago," said Alex Najem, Founder and CEO of Fulton Street Companies.
What Happened To Cause The Wework Bankruptcy Filing?
2023-11-07T15:31:06.202836-05:00https://www.thetrustedinsight.com/investment-news/what-happened-to-cause-the-wework-bankruptcy-filing-20231107746/
In retrospect, it’s surprising that it took this long. :
WeWork, which made office space cool enough to earn a fictional $47 billion valuation, died last night. It was 13. The company’s death, which is officially a bankruptcy filing, and which WeWork itself is describing as a “Strategic Action to Significantly Strengthen Balance Sheet and Further Streamline Real Estate Footprint,” had a number of causes: hubris, bloat, tequila, COVID.
Google, Lendlease Scrap $15B Real-estate Development In Silicon Valley
2023-11-02T20:31:17.358099-04:00https://www.thetrustedinsight.com/investment-news/google-lendlease-scrap-15b-real-estate-development-in-silicon-valley-20231102528/
Australian real-estate company Lendlease said it had mutually agreed with Google to end a development agreement for planned neighborhoods in the San Francisco Bay Area.
Unlocking The Future Of Real Estate Investment: An In-depth Look At Hottel's Multi-layered Ecosystem
2023-10-26T18:31:18.967063-04:00https://www.thetrustedinsight.com/investment-news/unlocking-the-future-of-real-estate-investment-an-in-depth-look-at-hottels-multi-layered-ecosystem-20231026244/
SINGAPORE , Oct. 26, 2023 (GLOBE NEWSWIRE) -- What is HOTT and what does it solve? HOTTEL is a digital "Share'' token created by Beach Avenue Financial (BAF), designed to serve as an ownership vehicle for digitizing and productizing a large chain of commercial real estate assets. These assets are primarily in the hospitality, residential, and senior living sectors. BAF itself is a fully digitalized commercial real estate asset portfolio fund, with 600 million digital shares issued in the form of HOTTEL tokens.
The Fed Is Worried About Commercial Real Estate And You Should Be Too
2023-10-24T07:06:20.047076-04:00https://www.thetrustedinsight.com/investment-news/the-fed-is-worried-about-commercial-real-estate-and-you-should-be-too-20231024099/
Real inflation from the pandemic was inflation of asset values. Now commercial real estate is under pressure and even falling values haven’t kept up with reality.
Property Group Asper Makes Second Acquisition In Months
2023-10-24T07:01:48.446854-04:00https://www.thetrustedinsight.com/investment-news/property-group-asper-makes-second-acquisition-in-months-20231024097/
Company has bought Quantum Works trading estate in Stourbridge. :
The multi-let estate has 18 units and was sourced and acquired off-market for £1 million by the firm which is the investment vehicle of Hagley-based developer Charlie London. Quantum Works is located on Enville Street near Stourbridge town centre and comprises around 26,000 sq ft of warehousing and office space. The site was the former moulding premises for Quantum Sports Cars and is now home to businesses such as Badabing Campers, Harbe Design, SAC Graphics and Stourbridge Windows.
Distressed Commercial Real Estate Debt Hits Decade-high $80B
2023-10-19T13:31:06.489876-04:00https://www.thetrustedinsight.com/investment-news/distressed-commercial-real-estate-debt-hits-decade-high-80b-20231019931/
There's around $216 billion in commercial real estate properties that could be considered in distress, according to MSCI Real Assets.
Cbre Sees 165 Mn Sq Ft Of New Office Supply In Top 7 Cities During 2023-25
2023-10-12T09:01:06.898255-04:00https://www.thetrustedinsight.com/investment-news/cbre-sees-165-mn-sq-ft-of-new-office-supply-in-top-7-cities-during-2023-25-20231012629/
Bengaluru and Hyderabad will contribute 49 per cent to the total upcoming office space supply of over 165 million square feet estimated during the 2023-2025 period across seven major cities, according to CBRE..
Real estate consultant CBRE South Asia on Thursday released its new report 'Office Myths Debunked'. As per the report, the office supply completions across seven major cities are expected to exceed 165 million square feet between 2023-2025, which is significantly higher than 142 million square feet recorded during the 2020-2022 period.
Keppel Reit’s Sydney Office Development Obtains Equifax As Anchor Tenant | The Straits Times
2023-10-09T23:31:06.828983-04:00https://www.thetrustedinsight.com/investment-news/keppel-reits-sydney-office-development-obtains-equifax-as-anchor-tenant-the-straits-times-20231009487/
October 10, 2023 10:10 AMThe Reit's manager said almost half of Blue & William’s office space has been leased. :
SINGAPORE – US credit rating agency Equifax is now the anchor tenant for Keppel real estate investment trust’s (Reit) new Blue & William office development located in North Sydney, its manager said on Tuesday. Equifax occupies more than 4,350 sq m across the fifth and seventh levels of the property, which is a third of the building’s net lettable area. It moved from two separate offices in the North Sydney area.
Foreign Investors Flock To Japan To Buy Warehouses, Offices - Nikkei Asia
2023-10-08T17:31:07.028724-04:00https://www.thetrustedinsight.com/investment-news/foreign-investors-flock-to-japan-to-buy-warehouses-offices-nikkei-asia-20231008433/
TOKYO -- Foreign real estate buyers are turning to Japan as an investment haven, hunting for properties like logistics facilities and offices while taking advantage of the country's low interest rates to finance their purchases. The opportunity in warehouses and other storage spaces has been created by tighter restrictions on delivery drivers' working hours, a coming change intended to safeguard safety and health. Office buildings have benefited as Japanese workers have largely returned to the office.
Apartment Investment: Premier Multifamily Rental Portfolio, Initiate With Buy Rating (aiv)
2023-10-08T12:01:07.079100-04:00https://www.thetrustedinsight.com/investment-news/apartment-investment-premier-multifamily-rental-portfolio-initiate-with-buy-rating-aiv-20231008426/
Apartment Investment and Management (NYSE:AIV) is a self-administered and self-managed real estate investment trust (REIT) that is a premier owner and operator of multifamily real estate properties in select U.S. markets. As of June 30, 2023, the Company operated 26 apartment communities, 22 of which are consolidated properties with 5,640 apartment homes and four unconsolidated operating properties.
Melbourne Commercial Real Estate: Owner-occupiers Snap Up Offices While Investors Sit On Hands
2023-10-06T16:01:07.422468-04:00https://www.thetrustedinsight.com/investment-news/melbourne-commercial-real-estate-owner-occupiers-snap-up-offices-while-investors-sit-on-hands-20231006382/
During a lean year for commercial property transactions, owner-occupiers have muscled into the metro office market, buying empty buildings from private investors unwilling to spend money on upgrades.
Monarch Alternative Capital Acquires 801 Brickell In Miami; Reflects Opportunity To Benefit From Office Sector Dislocation
2023-10-05T21:31:06.828806-04:00https://www.thetrustedinsight.com/investment-news/monarch-alternative-capital-acquires-801-brickell-in-miami-reflects-opportunity-to-benefit-from-office-sector-dislocation-20231005358/
NEW YORK and LONDON, Oct. 5, 2023 /PRNewswire/ -- Monarch Alternative Capital LP, a leading investment firm with over $12.5 billion of assets under management, today announced that it has acquired 801 Brickell, a premier Class A office building in Miami, Florida. The transaction illustrates Monarch's ability to tactically capitalize on broad office sector dislocation, capital markets distress, and complex processes. Through its experience in transacting with speed and certainty, Monarch was able to acquire the property at an opportunistic valuation with attractive financing.
Analyzing The Vulnerability Of U.s. Banks To Falling Commercial Real Estate Values
2023-09-27T22:31:36.710944-04:00https://www.thetrustedinsight.com/investment-news/analyzing-the-vulnerability-of-us-banks-to-falling-commercial-real-estate-values-20230927997/
The commercial real estate sector’s continued challenges could potentially impact US banks. Franklin Templeton Fixed Income’s Shawn Lyons discusses the ongoing commercial real estate crisis and how US banks are safeguarding themselves against these issues. Lower-than-expected Return to Office (RTO) dynamics and declining CRE valuations have captured headlines over the past several months with tales of barren city centers. There are reports of wastelands full of empty offices and storefronts that have been beset by increasing crime rates, creating a “doom loop” where property prices continue to fall unchecked.
This High-yield Real Estate Stock Is Eliminating Its Office Exposure. Here's What That Means For Investors. | Nasdaq
2023-09-26T08:31:06.049893-04:00https://www.thetrustedinsight.com/investment-news/this-high-yield-real-estate-stock-is-eliminating-its-office-exposure-heres-what-that-means-for-investors-nasdaq-20230926888/
Experts have expressed concern about commercial real estate properties and the impact higher interest rates could have on their refinance costs. CBRE Group, one the world's largest commercial real estate companies, recently told investors that "transaction activity has slowed sig.
Redcurry Secures €400,000 Investment, Ensuring Real Estate-backed Money Becomes A Reality
2023-09-19T07:06:09.188185-04:00https://www.thetrustedinsight.com/investment-news/redcurry-secures-400000-investment-ensuring-real-estate-backed-money-becomes-a-reality-20230919568/
TALLINN, ESTONIA, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Currynomics Labs, a fintech start-up developing next-generation digital money, announced today the successful closure of its €400,000 investment round. This capital ensures that Redcurry, a real estate-backed digital currency, will become globally available in 2024. "Redcurry represents a new era for money," said Neeme Liivlaid, CEO and co-founder of Currynomics Labs. "It's designed to grow in value while providing stability and reliability in today's ever-changing financial landscape. Traditional currencies can be printed limitlessly and lose value because of inflation, making them ineffective for saving up.
Kayne Anderson Real Estate And Synovus Bank Close Sale Of $1.3B Medical Office Loan Portfolio
2023-09-18T18:31:06.446433-04:00https://www.thetrustedinsight.com/investment-news/kayne-anderson-real-estate-and-synovus-bank-close-sale-of-13b-medical-office-loan-portfolio-20230918552/
Portfolio is backed by 308 medical office properties across the U.S. BOCA RATON, Fla., Sept. 18, 2023 /PRNewswire/ -- Kayne Anderson Real Estate, the real estate investment arm of Kayne Anderson Capital Advisors, L.P. including its debt platform, Kayne Anderson Real Estate Debt ("KARED"),...
Residential Real Estate: 'silicon Valley' Bengaluru Emerges As Major Investment Destination For Nris
2023-09-17T15:01:06.345298-04:00https://www.thetrustedinsight.com/investment-news/residential-real-estate-silicon-valley-bengaluru-emerges-as-major-investment-destination-for-nris-20230917493/
Bengaluru, Sep 17 (IANS): India's IT capital Bengaluru has evolved as the major investment destination for NRI investors in residential real estate. Real estate industry pundits are claiming that 2023 is going to be a remarkable year in connection with NRI investments as the slew of infrastructure projects, new IT corridors emerging in the city and conducive atmosphere....
The Growing Commercial Real Estate Threat Facing Our Economy
2023-09-15T19:31:06.776457-04:00https://www.thetrustedinsight.com/investment-news/the-growing-commercial-real-estate-threat-facing-our-economy-20230915460/
Yesterday I attended a fascinating real estate investors’ conference for hedge funds, lenders and owners. :
Yesterday I attended a fascinating real estate investors’ conference for hedge funds, lenders and owners. The talk of the conference was the almost complete inability of landlords (other than owners of tier 1 properties), to get any financing at all, except at exorbitant rates around 15% which is more than double the current financing that these buildings have in place. This underscores what may be the greatest threat to the otherwise resilient American economy.
Solving The Current Commercial Real Estate Crisis Will Take Private-public Partnerships
2023-09-15T16:01:06.983716-04:00https://www.thetrustedinsight.com/investment-news/solving-the-current-commercial-real-estate-crisis-will-take-private-public-partnerships-20230915451/
The dark clouds over the commercial real estate market – and office buildings in particular – continue to gather as regional and community banks cut their loan exposure to the sector. Regional and community banks continue to dump commercial real estate loans under heavy regulatory scrutiny, and it may take a wave of public-private partnerships between building owners, lenders, and federal, state and local governments to prevent systemic financial crises in the months ahead.
Commercial Real Estate Offering For Office Headquarters Asset In Hunt Valley, Maryland Now Funding
2023-09-15T07:01:06.525125-04:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-offering-for-office-headquarters-asset-in-hunt-valley-maryland-now-funding-20230915405/
Real estate investment platform CrowdStreet investment window for an office headquarters asset in Hunt Valley, Maryland. Developed in 2017, 40 Wright Avenue is a 132,207-square-foot Class A headquarters building occupied by national engineering, consulting and design firm Johnson, Mirmiran & Thompson (JMT). The office building, just off Interstate 83, is centrally located between downtown Baltimore, southern Pennsylvania and the greater Washington, D.C., area. Offering sponsor Grander Capital Partners (GCP) is working to acquire the stabilized asset at an attractive cost ...Full story available on Benzinga.com.
Billionaire Commercial Real Estate Investor Says 'the Worst Is Yet To Come'
2023-09-14T07:31:05.838845-04:00https://www.thetrustedinsight.com/investment-news/billionaire-commercial-real-estate-investor-says-the-worst-is-yet-to-come-20230914358/
That's the bottom line takeaway about the commercial real estate market from billionaire commercial real estate investor and developer Jeff Greene from a recent CNBC interview. According to Greene, the commercial real estate market, or at least parts of it, have only just begun to endure the pain that is coming to it. Because of high interest rates as well as the fizzling out of pandemic-era fiscal stimulus measures, Greene sees commercial real estate prices going lower before they see any relief. Let's discuss some key quotes from that interview.
‘we're In The First Inning Of The Commercial Real Estate Correction,’ Billionaire Real Estate Investor Jeff Greene Says
2023-09-12T13:31:06.729604-04:00https://www.thetrustedinsight.com/investment-news/were-in-the-first-inning-of-the-commercial-real-estate-correction-billionaire-real-estate-investor-jeff-greene-says-20230912283/
Real estate tycoon Jeff Greene, who bet against the mid-2000s housing bubble and netted about $800 million, says the CRE correction has only just begun.
Melbourne Commercial Real Estate: Centuria Capital Secures $500M Institutional Investment Mandate
2023-09-12T12:31:19.545390-04:00https://www.thetrustedinsight.com/investment-news/melbourne-commercial-real-estate-centuria-capital-secures-500m-institutional-investment-mandate-f9hwXgsJBMXSqayP3WzWhH-20230912281/
Centuria Capital has secured a $500 million institutional investment mandate on behalf of a US private investment firm. :
We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. Centuria Capital has secured a $500 million institutional investment mandate on behalf of a US private investment firm that will focus on acquiring assets within supply constrained industrial markets across Australia. It will be known as the Last Mile Logistics Partnership, (LMLP) and it has started with a $76 million three-asset portfolio of properties located within urban Melbourne industrial precincts.
Melbourne Commercial Real Estate: Reiv To Test Neighbourhood Office Sector
2023-09-12T12:31:07.256431-04:00https://www.thetrustedinsight.com/investment-news/melbourne-commercial-real-estate-reiv-to-test-neighbourhood-office-sector-YzsMsDpZsMiKYu27RtLPM5-20230912280/
The Real Estate Institute of Victoria is selling its Camberwell headquarters after 50 years of ownership. :
We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. The Real Estate Institute of Victoria is selling its Camberwell headquarters after 50 years of ownership, at a time when neighbourhood office markets have proved attractive for both tenants and developers. The property at 335 Camberwell Road sits on a prominent 3808 square metres in the Camberwell Junction precinct, and comes with zoning for both commercial and residential developments.