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Commercial Real Estate Industry Slow to Incorporate High-Tech Tools: Report
Vancouver Sun, Oct. 6, 2015--Duggan, EvanTrillions of dollars of investment in global commercial real estate are being handled and monitored with outdated information technology programs that are at risk for human error and inaccuracy, a new report from Altus Group said.
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Bipartisan Discussion Highlights GSE Reform, Risk Transfer, Need for More Private Capital
DSNews, Oct. 6, 2015--West, Xhevrije Fannie Mae and Freddie Mac were placed into conservatorship seven years ago, and questions still linger as to how and when to reform the GSEs.The Bipartisan Policy Center hosted a keynote address and panel discussion titled "Housing Finance Reform: Opportunities and Obstacles of Risk Sharing" on Tuesday.
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MetLife Takes Majority Stake in New San Francisco Office Tower
Bloomberg, Oct. 6, 2015--Yu, Hui-Yong
MetLife Inc. is taking a majority stake in a 43-story office tower being built next to San Francisco's Transbay Transit Center, expanding the biggest U.S. life insurer's holdings in one of the country's most expensive office markets.
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Office Market Recovery Gaining Steam
Slowly and quietly, the office market recovery is gathering pace, reported Reis, New York.
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CMBS Delinquency Rate Drops Significantly
The commercial mortgage-backed securities delinquency rate dropped significantly in September after four months of negligible movement, reported Trepp, New York.
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Net-Leased Retail, Office Cap Rates Reach New Low
Cap rates for the single-tenant net lease retail and office sectors continue to fall to new lows, reported the Boulder Group, Northbrook, Ill.
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Forecast Calls for Less Bullish Expansion
Commercial real estate should continue expanding at "healthy and fairly steady" levels through 2017, a survey of nearly 50 economists said yesterday.
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