After fifty years in the net lease business, real estate veteran W.P. Carey is exiting the office sector to fortify its industrial property portfolio.
The Federal Reserve has maintained short-term interest rates at 5.25% to 5.5%, suggesting a possible increase in late 2023. This represents a halt in the continuous 17-month trend of rising borrowing costs.
NYC's hotel industry faced a pandemic-induced slump, but a robust resurgence is on the horizon.
2Q CRE sales volumes dropped 50% YoY but stayed steady from last quarter, per Green Street.
The CRE industry is navigating challenging waters with higher interest rates, limited financing options, and a slowing economy. Yet, promising developments ("green shoots") suggest potential growth opportunities.
The FDIC is struggling to sell $12.7B in mortgage-backed securities (MBS) from failed banks like Silicon Valley and Signature.
Demand for apartments appears to be stabilizing, with prices leveling off following months of growth.
Federal class-action suit targets Yardi Systems and 18 firms, alleging rent-fixing via RENTmaximizer tool to automate rent-hike cartel.
Developers in South Florida are in a rush to construct luxury apartments, risking an oversupply in the high-end market segment despite the continuing influx of wealthy newcomers.
Once an escape from city prices, suburbs now present a challenging financial landscape for renters.
Facing the threat of bankruptcy, WeWork (WE) intends to revisit and renegotiate the majority of its office leases as a strategic step to combat its persistent financial challenges and escalating losses.
While the office market panic shows signs of calming, risks persist.