Investment in U.S. net-lease properties approached pre-pandemic levels in the first quarter, reported CBRE, Dallas.
Tag: CBRE
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.
‘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.
Dealmaker: CBRE Closes $39M in Office Transactions
CBRE, Dallas, closed $38.6 million in office sector transactions in southern California.
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.
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.
Hotel Sector Showing Signs of Life
The hotel sector is coming back–slowly–from its pandemic-related downturn, analysts said.
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.
Dealmaker: CBRE Arranges $54M for Industrial, Multifamily
CBRE arranged $54 million for an industrial property and a multifamily property in metropolitan San Diego.
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.