The Lede
Top National News
Investment Sales Took a Nose Dive before the End of the Year
National Real Estate Investor, Jan. 4, 2018--Mary DiduchHeading into 2018, there may be some bright spots for the investment sales market, even as total transactions dipped last year.
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A List of Cities’ Outrageous Amazon HQ Bids
Connect Media, Jan. 5, 2018--Daniella SolowayIn September, Amazon announced its plans to build a second headquarters in a to-be-determined city. While some online gambling sites are betting on Atlanta or Austin as the chosen one, here is a brief look at some of the mind-blowing proposals that Amazon received from others.
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Commercial and Multifamily Originators Anticipate a Vibrant 2018
National Mortgage Professional Magazine, Jan. 4, 2018--Phil HallOriginators in the commercial and multifamily mortgage space are looking ahead into the next 12 months with expectations for another strong year, according to the Mortgage Bankers Association's 2018 CREF Outlook Survey.
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Another Retail Bankruptcy Wave Is on the Way, Credit Suisse Says
Bloomberg, Jan. 4, 2018--Claire BostonA wave of store closings and retailer bankruptcies is coming in early 2018, as the industry deteriorates faster than analysts had expected a year ago, according to Credit Suisse Group AG.
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Howard Lutnick’s Real-Estate IPO Flops as Newmark Misses the Mark
Wall Street Journal, Jan. 9, 2018--Peter Grant (subscription)The stock market has been hitting records lately, but you would never know that from the flop of the initial public offering of Howard Lutnick's commercial real estate services firm Newmark Group last month.
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Malls May Be Dying, But Bets Against Their Debt Haven’t Paid Off
Wall Street Journal, Jan. 9, 2018--Esther Fung (subsciption)A rash of store closures and bankruptcies last year prompted some investors to bet against debt tied to the retail property sector. So far, at least, the bets haven't paid off.
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Dealmaker of the Week
People in the News
News and Trends
MBA 3Q Commercial/Multifamily DataBook Reports ‘Strong, Steady’ Markets
Commercial real estate and finance markets were strong and steady during the third quarter, the Mortgage Bankers Association said.
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Late-Cycle Real Estate Investment Opportunities for Savvy Investors
Savvy investors can still find opportunities in real estate--including commercial real estate debt, logistics and alternative assets--reported TH Real Estate, New York.
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Commercial/Multifamily Briefs
Real estate and investment management firm Colony NorthStar sold The Townsend Group, Cleveland, to professional services firm Aon for $475 million.
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2017 Closes with ‘Moderate’ Apartment Rent Growth
Apartment rents climbed at a "moderate" 2.5 percent pace in 2017, reported RealPage, Dallas.
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Single-Family Rental Market Continues to Stabilize
Morningstar Credit Ratings, New York, said lease expirations across single-borrower, single-family rental securitizations declined to 5.2% in November while the average retention rate of expiring leases improved to 79.3%.
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Late-Cycle Real Estate Investment Opportunities for Savvy Investors
Savvy investors can still find opportunities in real estate--including commercial real estate debt, logistics and alternative assets--reported TH Real Estate, New York.
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2017 Closes with ‘Moderate’ Apartment Rent Growth
Apartment rents climbed at a "moderate" 2.5 percent pace in 2017, reported RealPage, Dallas.
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Late-Cycle Real Estate Investment Opportunities for Savvy Investors
Savvy investors can still find opportunities in real estate--including commercial real estate debt, logistics and alternative assets--reported TH Real Estate, New York.
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2017 Closes with ‘Moderate’ Apartment Rent Growth
Apartment rents climbed at a "moderate" 2.5 percent pace in 2017, reported RealPage, Dallas.
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London Edges Out New York as Top City for Foreign Real Estate Investment
New York slipped from its perch as the number one global city for foreign investors--displaced by London--reported the Association of Foreign Real Estate Investors, Washington, D.C.
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