Seattle surpassed Manhattan to become the leading U.S. market for cross-border investment, reported Real Capital Analytics, New York.
Tag: JLL
Spread Between Retail, Industrial Rents Compresses
JLL, Chicago, reported the spread between retail property rents and industrial property rents is compressing as home deliveries speed up and e-commerce steals more and more market share from brick-and-mortar retailers.
Personnel News From USAA Real Estate, JLL, Merchants Capital
USAA Real Estate, San Antonio, announced Ryan Krauch, most recently a principal with Morgan Stanley’s Mesa West Capital, is joining its senior leadership team as Executive Managing Director and member of the investment committee.
Office Sector at a Crossroads
JLL, Chicago, says the U.S. office market is at a “critical crossroads.”
Hotel Debt Markets Improving
The hospitality debt market is showing a resurgence as the lodging industry continues to recover, said JLL, Chicago.
JLL: Real Estate Going Electric
Commercial real estate releases carbon emissions from natural gas boilers, diesel back-up generators and other sources, but JLL, Chicago, said efforts are growing to power buildings entirely by electricity.
JLL: Multi-Use Logistics Poised for Growth
JLL, Chicago, said one industrial real estate sub-class is particularly well-positioned for growth: multi-use logistics.
Personnel News from Walker & Dunlop, IPA, JLL
Walker & Dunlop, Bethesda, Md., announced Dana Wade joined the firm as Chief Production Officer for all Federal Housing Administration-backed loan originations with the U.S. Department of Housing and Urban Development. She will also help drive the company’s affordable housing financing activities.
Dealmaker: JLL Arranges $150M Fairmont San Francisco Refinance
JLL, Chicago, arranged a $150 million refinancing for the 606-key Fairmont San Francisco for borrower Mirae Asset Global Investments, Seoul, South Korea.
CRE Investment Up, But Caution Prevails
JLL, Chicago, said global real estate investment improved in the third quarter, but COVID-19 uncertainty continues to hamper markets.