Wealth Management Real Estate, Apr. 14, 2023–Buck WargoAs cap rates in the sector expand, patient capital gets ready to take advantage.https://www.wealthmanagement.com/data-centers/institutional-investors-remain-interested-data-centers-they-are-waiting-right-moment?
Category: Top National News
Institutional Buyers Are Biding Their Time on Data Center Investment
Wealth Management Real Estate, Apr. 14, 2023–Buck WargoAs cap rates in the sector expand, patient capital gets ready to take advantage.https://www.wealthmanagement.com/data-centers/institutional-investors-remain-interested-data-centers-they-are-waiting-right-moment?
1 Big Thing: Unpacking the Commercial Real Estate Problem
Axios, Apr. 12, 2023–Emily Peck, Matt PhillipsUnder the hood, the situation is more nuanced, as detailed in two reports from the Mortgage Bankers Association and Moody’s Analytics.https://www.axios.com/newsletters/axios-markets-9b83697b-1f47-4ada-87a6-3561a2519a13.html?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiosmarkets&stream=business
JPMorgan Chase Calls Managing Directors to Office Five Days a Week
Bloomberg, Apr. 12, 2023–Hannah Levitt, Daniel TaubJPMorgan Chase & Co. told its managing directors that they now must be in the office every weekday, ending a hybrid-work practice that arose …
Berkadia’s Russ Hardy on Single-Family Rentals
ConnectCRE, Apr. 5, 2023The momentum is hardly letting up for single-family rental/build-for-rent, the current financing headwinds notwithstanding. Connect CRE spoke with Russ Hardy, Managing Director with Berkadia, for insights into …
MBA Chairman Matt Rocco on How the Rapidly Changing Market Influences Banks
HousingWire, Apr. 6, 2023–Clayton CollinsThis week’s episode follows the Mortgage Bankers Association’s Technology Solutions Conference, so we couldn’t think of a more appropriate time to drop Clayton Collin’s interview with …
Depressed NYC Real Estate Prices Yield Bonanza for Savvy Investors
Mortgage Professional America, Apr. 10, 2023–Tony CantuSelect asset classes in New York City’s commercial real estate market are experiencing a decline in prices – reaching levels last seen in 2009, …
Houston Apartment Owner Loses 3,200 Units to Foreclosure as Multifamily Feels the Heat
Wall Street Journal, Apr. 11, 2023–Will Parker, Konrad Putzier (subscription)An apartment building investor lost four Houston complexes to foreclosure last week, the latest sign that surging interest rates are beginning …
Blackstone Raises $30.4 Billion for Latest Real Estate Fund
Reuters, Apr. 1, 2023–Niket NishantBlackstone Inc said Tuesday it had raised $30.4 billion for its latest global real estate fund, as the private equity behemoth looks to double down on …
Office Owners Face Financing Dilemma
Commercial Property Executive, Apr. 11, 2023–Gail KalinoskiThe pressures of rising interest rates and declining property values are making it a tall order for owners to get loans. What are the …