Newmark, New York, closed life science property sales totaling $137.2 million in Massachusetts and California.
Category: News and Trends
Small Cap Industrial, Retail Leasing Takes Off
Boxwood Means LLC, Stamford, Conn., said leasing in the small-cap real estate domain showed strong momentum during the first quarter as the economy bounced back from the pandemic.
MBA Seeks COMBOG Committee Nominations by April 30
The Mortgage Bankers Association’s Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) Nominating Committee seeks members’ recommendations for individuals to serve on the Board beginning this October in the Investor, Lender, Mortgage Banker and Servicer categories. This is an important process that determines the leadership for MBA’s commercial/multifamily membership.
MBA: 2020 Commercial, Multifamily Mortgage Bankers Originations Fall to $441.5B
Commercial and multifamily mortgage bankers closed $441.5 billion in loans in 2020, the Mortgage Bankers Association’s 2020 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation reported, nearly 26 percent lower than the record $601 billion reported in 2019.
PwC, ULI: Pandemic Accelerating CRE Trends
PwC, New York, and the Urban Land Institute, Washington, D.C., said COVID-19 is accelerating existing commercial real estate trends such as digitalization and online shopping.
CBRE: Rent Enticements Larger Factor in New Office Leases
CBRE, Dallas, said the average amount of free rent office landlords conceded to secure long-term leases climbed significantly in the first quarter.
Hotel Sector Shows Signs of Life
The hotel sector is coming back–slowly–from its pandemic-related downturn, analysts said.
Micro Trends: A Conversation with JLL on Growth in Life Sciences Real Estate Niche
Interest in life sciences real estate has jumped during the current public health crisis. MBA NewsLink interviewed JLL Executive Director of U.S. Life Sciences Markets Travis McCready, Managing Director Zach Bowyer and Senior Vice President Erik Hill about the sector.
CRE Property Prices Climbing Again
Commercial property price appreciation is comparable to that seen before the country’s initial Coronavirus lockdown last year, reported Real Capital Analytics, New York.
Dealmaker: Mesa West Capital Provides $47M in Mezzanine Loans
Mesa West Capital, Los Angeles, funded $47 million in mezzanine capital to finance commercial real estate transactions in Chicago and San Diego.