Revere, a capital markets network and deal marketplace for commercial real estate brokers, developers, owners, lenders and investors, closed a $5 million funding round led by RET Ventures.
Category: News and Trends
Dealmaker: Walker & Dunlop Completes $66M Denver Mixed-Use Sale
Walker & Dunlop, Bethesda, Md., sold downtown Denver mixed-use property The Lydian for $66.2 million.
Office Sector Sees Uncertainty
Office usage is slowly growing as the pandemic fades, but analysts have many questions about the sector’s future.
Fitch: Slowing Trend in CMBS Defeasance
Commercial mortgage-backed securities defeasance volume soared during late 2021 and into January, but that trend could be ending, said Fitch Ratings, New York.
Commercial Property Prices Reach New Highs
Real Capital Analytics, New York, reported U.S. commercial property price growth continued to appreciate at a double-digit pace in January.
CREF Policy Update March 10, 2022
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Personnel News from Northmarq, JLL, Berkadia
Northmarq, Minneapolis, promoted Jeff Erxleben to President of the company’s debt & equity business.
Quote
“As dry powder earmarked for commercial real estate investment continues to grow, there is a growing sense of urgency among large investors to deploy capital efficiently. It appears the strong appetite for large portfolio deals is here to stay.”
–Sheheryar Hafeez, JLL Managing Director of M&A and Corporate Advisory Group.
Construction Posts 6th Straight Monthly Gain
Monthly construction spending started the year strongly, increasing for the sixth consecutive month, the Census Bureau reported Tuesday.
Hotel Recovery Likely to Continue
The hotel sector’s recovery that started last year will likely continue despite current operational hurdles, sector analysts said.