The economy has improved from a few months ago, “[but] the same cannot be said of the retail sector,” said Wells Fargo Securities, Charlotte, N.C.
Category: News and Trends
Office Concessions Grow Under COVID
Office landlords are providing more concessions to their tenants under COVID-19, reported Trepp and CompStak.
Personnel News From Grandbridge, JLL
Grandbridge Real Estate Capital added Allen McMurtry, David Kliewer and Jay Jordan to its seniors housing investment sales team.
CREF Highlights Oct. 15, 2020
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Personnel News from CBRE, Alliant Credit Union
CBRE announced Zack Holderman joined its Healthcare and Life Science Capital Markets team as a Senior Vice President.
Investors Increasingly Screen for Market-Level Climate Risk
Real estate investors have expanded their climate risk analysis to explore market-level impacts, said the Urban Land Institute, Washington, D.C.
Along Came COVID: Emerging Tech Trends in Commercial Real Estate Finance
Emerging technologies and start-up firms proliferated in commercial real estate over the last several years. With the conventional wisdom being that while the single-family real estate finance industry has embraced new technologies and innovation, CRE was a laggard and therein lies a massive opportunity.
MBA Offers FHFA Recommendations on GSE Strategic Plan
The Mortgage Bankers Association, in comments to the Federal Housing Finance Agency, said the FHFA Strategic Plan for fiscal years 2021-2024 should continue to work toward an ultimate goal: releasing Fannie Mae and Freddie Mac from federal conservatorship—but only when they are able to do so without risk to the real estate finance markets.
Quote
“Retail and hotel bid/ask spread is a big issue as investors search for solid footing on value and net operating income trends.”
–Valerie Achtemeier, Executive Vice President at CBRE Capital Markets
Single-Tenant Net Lease Cap Rates Drop to New Lows
Cap rates in the single-tenant net lease retail, office and industrial sectors reached record lows in the third quarter, reported Boulder Group, Wilmette, Ill.