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New YorkNew York
+8+8
Wall Street Flocks to Distressed Real Estate Amid Plummeting Values

Wall Street Flocks to Distressed Real Estate Amid Plummeting Values

To capitalize on plummeting property values and the challenged CRE market, Wall Street heavyweights such as Cohen & Steers, Goldman Sachs, EQT Exeter, and BGO are raising billions for funds targeting distressed assets and slumping property values.

Jordan B.
Han-Gwon Lung
Jordan B., +1
New YorkNew York
+6+6
Towers Half-Empty, Small Banks Not on the Hook

Towers Half-Empty, Small Banks Not on the Hook

Contrary to popular belief, local and regional banks do not hold 70% of US CRE debt, as previously reported. They hold a much lower percentage, around 32%.

Jordan B.
Han-Gwon Lung
Jordan B., +1
Brookfield Seeks $150B Raise Despite Woes

Brookfield Seeks $150B Raise Despite Woes

Brookfield Asset Management sees now as the best opportunity to buy commercial properties in over a decade. The opportunistic tone comes on the heels of increased second-quarter earnings and strong real estate fundraising.

Jordan B.
Han-Gwon Lung
Jordan B., +1
New YorkNew York
+10+10
NYC Rents Reach Record Highs of $5,588 in July

NYC Rents Reach Record Highs of $5,588 in July

The NYC rental market is experiencing record-high apartment rents. Still, signs suggest that rents may be reaching a price ceiling, with declining leasing volume and an affordability threshold playing a role.

Jordan B.
Han-Gwon Lung
Jordan B., +1
New YorkNew York
+14+14
WeWork Once Valued at $40B, Now Doubts Its Own Future

WeWork Once Valued at $40B, Now Doubts Its Own Future

PLUS: 55% of US pre-pandemic office leases have not yet expired

Jordan B.
Han-Gwon Lung
Jordan B., +1
New YorkNew York
+11+11
Sun Sets On South Florida's Apartment Boom

Sun Sets On South Florida's Apartment Boom

South Florida's multifamily market is cooling, with occupancy rates declining to 95% in Q2, a 2% YoY drop, according to Berkadia.

Jordan B.
Han-Gwon Lung
Jordan B., +1
New YorkNew York
+8+8
Even Zoom Is Making People Return to the Office

Even Zoom Is Making People Return to the Office

PLUS: Major REITs have stopped originating new loans

Jordan B.
Han-Gwon Lung
Jordan B., +1
OfficeOffice
+2+2
Warehouse Rents on the Rise Despite Dropping Demand

Warehouse Rents on the Rise Despite Dropping Demand

Despite lower leasing activity, U.S. industrial rents hit an all-time high in Q2, averaging $9.59 per sq ft, a remarkable 16.1% YoY rise.

Jordan B.
Jordan B.
New YorkNew York
+12+12
Nontraded REITs Capitalize On Depressed Property Valuations

Nontraded REITs Capitalize On Depressed Property Valuations

Amid an economic downturn and high interest rates, four major investment firms are leading a new wave of nontraded REITs.

Jordan B.
Han-Gwon Lung
Jordan B., +1
New YorkNew York
+12+12
JLL Debuts Industry's First AI GPT Model for CRE

JLL Debuts Industry's First AI GPT Model for CRE

JLL is the first major commercial real estate brokerage to launch its large language model (LLM) artificial intelligence product called JLL GPT.

Jordan B.
Han-Gwon Lung
Jordan B., +1
New YorkNew York
+11+11
What's the Real Worth of Office Buildings Today?

What's the Real Worth of Office Buildings Today?

Trepp's recent study on CMBS office-secured loans in the commercial real estate sector indicates significant value losses across different building age groups, debunking previous optimism surrounding office property valuations.

Jordan B.
Han-Gwon Lung
Jordan B., +1
New YorkNew York
+8+8
Multifamily and Office Sectors Lead Q2 Decline Across CRE

Multifamily and Office Sectors Lead Q2 Decline Across CRE

Nationwide, property prices are on a downward trend, with sales volumes significantly dropping in June. This fall in prices isn't just affecting large, high-profile properties, but it's also impacting smaller markets and properties.

Jordan B.
Han-Gwon Lung
Jordan B., +1
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