Investment in U.S. net-lease properties approached pre-pandemic levels in the first quarter, reported CBRE, Dallas.
Tag: CBRE
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Commercial Real Estate Lending Showing Resilience
The improving economy created a favorable capital markets environment for commercial real estate lending in early 2021 despite continuing challenges in office and retail loan underwriting, said CBRE, Dallas.
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‘No Signs of Slowing’ for Industrial Sector
The U.S. industrial market “shows no signs of slowing down,” with record-high asking rents and development activity and low vacancy levels, reported CBRE, Dallas.
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Dealmaker: CBRE Closes $39M in Office Transactions
CBRE, Dallas, closed $38.6 million in office sector transactions in southern California.
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Dealmaker: Bascom Group Acquires Arizona Apartments for $11.6M
The Bascom Group LLC, Irvine, Calif., acquired Sierra Charles Apartments in metro Tucson, Ariz. for $11.6 million, or $59,164 per unit.
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CBRE: Rent Enticements Larger Factor in New Office Leases
CBRE, Dallas, said the average amount of free rent office landlords conceded to secure long-term leases climbed significantly in the first quarter.
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Hotel Sector Showing Signs of Life
The hotel sector is coming back–slowly–from its pandemic-related downturn, analysts said.
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Dealmaker: Shopoff Realty Investments Secures $105M Construction Loan For Logistics Center
Shopoff Realty Investments, Irvine, Calif., secured a $105 million construction loan for its I-10 Logistics Center project, located near the I-10 freeway and Cherry Valley Boulevard interchange.
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Dealmaker: CBRE Arranges $54M for Industrial, Multifamily
CBRE arranged $54 million for an industrial property and a multifamily property in metropolitan San Diego.
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CRE Investors Show Increased Appetite for Risk
CBRE, Dallas, said commercial real estate investors are showing a clear shift in risk tolerance–and a new preference for secondary markets.