The Lede
Top National News
Famed Plaza Hotel Is On the Block
Wall Street Journal, Aug. 22, 2017--Craig Karmin (subscription)The Indian owners of the Plaza Hotel have hired a broker to sell the New York City landmark, a sign that a world-wide scramble among investors, celebrities and governments to acquire the property could be nearing an end.
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Inside King of Prussia’s $1 Billion Transformation
Curbed.com, Aug. 22, 2017--Melissa RomeroThe King of Prussia, Pa., Business District has spent the past six years trying to turn King of Prussia's reputation as a mega-mall into a place where people actually want to live.
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2017 Top Brokers
National Real Estate Investor, Aug 15, 2017--David BodamerThe top commercial real estate brokers based on total global transaction volume in 2016.
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Fed Minutes: Central Bank Split Over Path of Rate Hikes
CNBC, Aug. 17, 2017--Jefff CoxA fissure appears to be developing at the Federal Reserve over when to raise interest rates. One side preaches caution in a low-inflation environment while another worries about delaying.
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Opinion: Crowdfunded Real-Estate Investments: 3 Ways To Do It
MarketWatch, Aug. 17, 2017--Charles ClintonSo-called "donation crowdfunding" has been eclipsed by crowdfunded investing, where investors purchase small stakes in projects ranging from tech startups to real-estate developments.
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The 2008 Financial Crisis: How It All Began
Wall Street Journal, Aug. 17, 2017 (subscription)In August 2007, the first blow was struck that shattered everything American investors thought they knew about markets.
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Pension Funds, Life Insurers Overtake Banks as Biggest CRE Lenders in Boston
National Real Estate Investor, Aug. 23, 2017--Ely RazinPension funds and insurance companies were significant players in Boston's commercial real estate market in the first half of the year.
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Dealmaker of the Week
People in the News
News and Trends
Large Office Markets Solid But Downsizing, New Supply Could Affect Outlook
The 10 largest U.S. office markets returned solid fundamentals during the second quarter, said Colliers International, New York.
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Future Homeownership Demand ‘Solid’ As Millennials Shift Gears
The U.S. homeownership rate, which fell in 2014 to a 20-year low, is poised to recover some in the next few years, buoyed by positive underlying fundamentals, said First American Financial Corp., Santa Ana, Calif.
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CMBS Supply/Demand Fundamentals Stable
Commercial property market supply and demand fundamentals remained stable in the first quarter, reported Moody's Investors Service, New York.
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Single-Tenant Net Lease Cap Rates Stable
The second quarter brought very little movement in single-tenant net lease property cap rates overall, reported Calkain, Herndon. Va.
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JLL: Investors Signal Stamina, Discipline Amid Uncertainty
Commercial real estate investors are looking selectively at opportunities and shifting away from more conventional single-asset transactions, reported JLL, Chicago.
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Commercial Briefs
Fannie Mae, Washington, D.C., priced its first GeMS REMIC backed exclusively by its Green MBS collateral.
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