CRE Daily

CRE Daily
Archive
Page 35

The Reality of Handing Back the Keys

The rise in remote work has sparked a downturn in the office sector, causing more property owners to give up their properties to lenders. But this growing trend merely hints at the complex, unseen negotiations and choices driving these significant decisions.

Jordan B., +1

New YorkNew York

+12+12

Jul 11, 2023

How Developers Kept NYC Thriving in 2023

Uncertainty looms over the real estate landscape, but developers in NYC continue to demonstrate resilience in the face of rising interest rates, supply-chain issues, and policy changes.

Jordan B., +1

New YorkNew York

+3+3

Jul 10, 2023

Expiration of Gov. Tax Credits Could Deepen U.S. Affordable Housing Dilemma

U.S. risks losing nearly 200,000 affordable rentals in the next five years as tax incentives for affordable housing near expiration, shifting rent control from government to landlords.

Jordan B.

New YorkNew York

+9+9

Jul 07, 2023

Why GMO is Doubling Down on High-Rated CMBS in Market Turmoil

Jeremy Grantham and GMO, the Boston-based money manager he cofounded, are doing what they do best—capitalizing on current market dislocations by doubling down on contrarian wagers.

Jordan B.

New YorkNew York

+10+10

Jul 06, 2023

Student Housing's Bright Future in CRE

In the midst of a struggling commercial real estate industry, where office buildings sit empty, and apartment rent growth slows, a beacon of hope emerges in the form of student housing.

Jordan B.

RetailRetail

+1+1

Jul 03, 2023

Who's Replacing Bed Bath & Beyond's Closed Stores?

Bed Bath & Beyond has identified the winning bidders for 109 of its store leases, with Burlington Stores set to secure the majority.

Jordan B.

New YorkNew York

+11+11

Jun 30, 2023

Regulators Ring the Alarm: Lenders to the Rescue

In response to the growing strain in the commercial real estate market, top US banking regulators are calling on lenders to engage constructively with their creditworthy borrowers.

Jordan B., +1

New YorkNew York

+9+9

Jun 29, 2023

Multifamily Sector Faces $8B Maturity Wall in Fall

Uncertainty looms as an immense wall of hard-to-refinance multifamily debt approaches in October and November, leaving questions about how lenders will navigate this significant challenge.

Jordan B., +1

New YorkNew York

+11+11

Jun 28, 2023

Rising Star: Fort Worth's Real Estate Boom

Fort Worth, TX, is emerging as a new CRE boomtown, with a total of $2.3B of projects under construction or in the pipeline, consisting of around 5K new apartments, office space, and mixed-use developments.

Jordan B., +1

New YorkNew York

+12+12

Jun 27, 2023

Prologis Strikes Year's Largest Industrial Deal for Blackstone Portfolio

In a record-setting deal for the year, global industrial real estate giant Prologis is set to buy 14 MSF of US logistics properties from Blackstone (BX) for $3.1B.

Jordan B., +1

New YorkNew York

+3+3

Jun 26, 2023

US Office Values Unlikely to Rebound Before 2040

According to Capital Economics, the golden era of US office buildings might be on a long hiatus, with pre-pandemic values not expected to rebound until at least 2040, thanks to the dwindling demand for desk space.

Jordan B.

New YorkNew York

+8+8

Jun 23, 2023