Institutional investors expect last year’s commercial real estate momentum to carry over into this year and next, the Pension Real Estate Association reported.
Category: News and Trends
Quote
“With respect to the Enterprises, MBA firmly believes they should be released from conservatorship only when they have the financial strength to do so and after important market conduct reforms are made sufficiently durable.” –From an MBA letter to the Federal Housing Finance Agency on its 2022-2026 Strategic Plan.
Personnel News from KeyBank, Alliant Credit Union, NewPoint Real Estate Capital
KeyCorp, Cleveland, Ohio, named Helena Haynes-Carter Chief Diversity, Equity and Inclusion Officer.
Commercial and Multifamily Briefs from JLL, LaSalle Investment Management, Colliers
JLL created a permanently endowed fund with a $25,000 initial investment to support Florida A&M University students interested in commercial real estate careers. The move is part of the firm’s ongoing efforts to increase diversity and inclusion in commercial real estate.
REIT Outlook Stays Positive
JLL, Chicago, said real estate investment trusts show renewed optimism, driven by a total return of 43 percent for the year, and outpacing the S&P 500 by 14 percent.
Sponsored Content from GoDocs: Get Your 2022 Go-To Guide to Commercial Loan Issues
This guide provides a comprehensive look at current market conditions for construction lenders and details the potential pitfalls associated with commercial construction lending.
RealPage: Apartment Rent Growth Points to Moderation
Apartment rents reverted to more normal rate in February even as occupancy held at record highs, reported RealPage, Richardson, Texas.
Commercial and Multifamily Briefs from Revere CRE, Walker & Dunlop
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.
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.