The Lede
Top National News
New York City Commercial Real Estate Sales Slump in First Half of 2017
Wall Street Journal, Aug. 14, 2017--Keiko Morris (subscription)New York commercial real estate deals shrank in the first half of 2017. The value of transactions in New York City decreased 39% in the first 6 months of the year from the same period a year earlier.
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Real Estate: Developer Describes ‘Epic’ Impact of Google’s Downtown San Jose Plans
San Jose (Calif.) Mercury-News, Aug. 14, 2017--Richard ScheininGoogle's new plan to remake downtown San Jose into a massive, transit-centered 'Google village' with up to 20,000 new jobs could forever change the city's trajectory.
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Some Apartment Markets Are Facing Challenges
National Real Estate Investor, Aug. 15, 2017--Bendix AndersonIn a few overbuilt downtowns, apartment rents are starting to fall. But experts claim that demand for apartment units continues to be so strong, the trend won't last for long.
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2017 Top 50 Property Managers
Commercial Property Executive, Aug. 10, 2017--Chris Nebenzahl Major diversified real estate firms led the 2017 Top 50 Property Management Firms ranking, as Colliers International, Cushman & Wakefield, CBRE Group and JLL took the top spots.
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Blackstone, Starwood to Merge Rental-Home Businessses in Bet to be America’s Biggest Home Landlord
Wall Street Journal, Aug. 10, 2017--Ryan Dezember (subscription)Two of the country's largest single-famly rental-home owners, Blackstone Group LP's Invitation Homes and Starwood Waypoint Homes, agreed to merge in a deal that would create a giant landlord with roughly 82,000 homes in 17 metro areas.
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Amazon and Whole Foods: What’s Next?
Dow Jones Newswires, Aug. 10, 2017--Laura Stevens Beyond simple cross-selling opportunities, a big question in the $13.7 billion deal is: How deeply will the online retail giant integrate its new brick-and-mortar subsidiary?
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Do Office Tenants Prefer the City or the Suburbs? The Answer is Complicated
National Real Estate Investor, Aug. 16, 2017--John EganOwners and developers of suburban offices that fail to embrace the urb-suburban vibe might find it harder to justify new projects or attract new tenants.
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Dealmaker of the Week
People in the News
News and Trends
Hotel Pipeline Grows 12% Year-over-Year
The number of hotel guestrooms under contract grew 11.7 percent between July 2016 and last month, reported STR, Hendersonville, Tenn.
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Forecasters: Weaker Growth Outlook, Lower Unemployment
The outlook for U.S. economic growth over the next three years looks slightly weaker than it did three months ago, the Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters reported.
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CMBS Delinquency Rate Drops, Issuance Increases
The commercial mortgage-backed securities delinquency rate dropped significantly in July after climbing in June and issuance volume remained healthy, reported Trepp and Kroll Bond Rating Agency, New York.
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Institutional-Quality Loan Returns Increase
Institutional-grade commercial loans returned 2.11 percent in the second quarter, up from 2.01 percent in first-quarter 2017, the Giliberto-Levy Commercial Mortgage Performance Index reported.
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CRE Alternative Lending Increasing
Alternative lenders are on the rise in commercial real estate finance--and a recent upswing in alternative lending appears to be compensating for a similar decline in bank lending, reported CrediFi, New York.
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CREF Highlights
Commercial and multifamily developments and activities relevant to your business and our industry.
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CRE Alternative Lending Increasing
Alternative lenders are on the rise in commercial real estate finance--and a recent upswing in alternative lending appears to be compensating for a similar decline in bank lending, reported CrediFi, New York.
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CRE Alternative Lending Increasing
Alternative lenders are on the rise in commercial real estate finance--and a recent upswing in alternative lending appears to be compensating for a similar decline in bank lending, reported CrediFi, New York.
Full Story