Wall Street Journal, Aug. 17, 2017 (subscription)In August 2007, the first blow was struck that shattered everything American investors thought they knew about markets.
Category: Top National News
Pension Funds, Life Insurers Overtake Banks as Biggest CRE Lenders in Boston
National Real Estate Investor, Aug. 23, 2017–Ely RazinPension funds and insurance companies were significant players in Boston’s commercial real estate market in the first half of the year.
New York City Commercial Real Estate Sales Slump in First Half of 2017
Wall Street Journal, Aug. 14, 2017–Keiko Morris (subscription)New York commercial real estate deals shrank in the first half of 2017. The value of transactions in New York City decreased 39% in the first 6 months of the year from the same period a year earlier.
Real Estate: Developer Describes ‘Epic’ Impact of Google’s Downtown San Jose Plans
San Jose (Calif.) Mercury-News, Aug. 14, 2017–Richard ScheininGoogle’s new plan to remake downtown San Jose into a massive, transit-centered ‘Google village’ with up to 20,000 new jobs could forever change the city’s trajectory.
Some Apartment Markets Are Facing Challenges
National Real Estate Investor, Aug. 15, 2017–Bendix AndersonIn a few overbuilt downtowns, apartment rents are starting to fall. But experts claim that demand for apartment units continues to be so strong, the trend won’t last for long.
2017 Top 50 Property Managers
Commercial Property Executive, Aug. 10, 2017–Chris Nebenzahl Major diversified real estate firms led the 2017 Top 50 Property Management Firms ranking, as Colliers International, Cushman & Wakefield, CBRE Group and JLL took the top spots.
Blackstone, Starwood to Merge Rental-Home Businessses in Bet to be America’s Biggest Home Landlord
Wall Street Journal, Aug. 10, 2017–Ryan Dezember (subscription)Two of the country’s largest single-famly rental-home owners, Blackstone Group LP’s Invitation Homes and Starwood Waypoint Homes, agreed to merge in a deal that would create a giant landlord with roughly 82,000 homes in 17 metro areas.
Amazon and Whole Foods: What’s Next?
Dow Jones Newswires, Aug. 10, 2017–Laura Stevens Beyond simple cross-selling opportunities, a big question in the $13.7 billion deal is: How deeply will the online retail giant integrate its new brick-and-mortar subsidiary?
Do Office Tenants Prefer the City or the Suburbs? The Answer is Complicated
National Real Estate Investor, Aug. 16, 2017–John EganOwners and developers of suburban offices that fail to embrace the urb-suburban vibe might find it harder to justify new projects or attract new tenants.
Looking For ‘City’ Living in the Suburbs? Some are Finding it in Aging Office Parks
Washington Post, Aug. 5, 2017–Katherine ShaverFrom the Washington and New York suburbs to North Carolina’s Research Triangle Park, traditional corporate campuses that have struggled since the Great Recession are trying to transform from sterile worksites into vibrant mini-towns. In addition to housing, they’re adding restaurants, grocery stores, playgrounds and outdoor concert spaces–anything to draw people in and make them want to stay.