CBRE, Los Angeles, said U.S. net-lease property investment rebounded during the third quarter, driven by strong interest in office assets and increasing foreign investment.
Tag: CBRE
‘Sluggish’ Acquisitions Slow Third-Quarter Commercial Lending Activity
“Sluggish” commercial real estate investment activity caused loan closings to slow in the third quarter, reported CBRE, Los Angeles.
CBRE Sees Mixed Results in CRE Recovery
CBRE, Los Angeles, said it anticipates the office, retail and hotel sectors will begin a slow recovery next year. Meanwhile, industrial and logistics real estate will likely extend an early recovery already underway and multifamily should start its own swift rebound, it said in its 2021 U.S. Real Estate Market Outlook.
Dealmaker: CBRE Brokers $111M in California Sales
CBRE, Los Angeles, brokered two property sales in San Diego’s Kearny Mesa neighborhood for $111.3 million.
Tech Industry Drives Office Leasing Despite Pandemic
Tech industry job loss has been minimal during the pandemic, and the tech sector is still driving U.S. office-leasing activity, reported CBRE, Los Angeles.
Hotel Development Slips But Remains Robust
The U.S. hotel construction pipeline dipped during the third quarter but remains “robust,” said Lodging Econometrics, Portsmouth, N.H.
Pandemic Stokes Robust Demand For Life Sciences Real Estate
CBRE, Los Angeles, said the COVID-19 pandemic has accelerated the U.S. life sciences industry’s momentum, particularly amid the race to produce a vaccine and other medicines.
MORPAC Honors Jeff Hurley with 2020 Schumacher-Bolduc Award
The Mortgage Bankers Association Political Action Committee honored Jeff Hurley, Senior Managing Director with CBRE, with the 2020 Schumacher-Bolduc Award.
Hurley
Jeff Hurley
CBRE: Pricing ‘Disconnect’ Weighing on CRE Activity
A new CBRE survey finds a “wide disconnect” on pricing expectations between buyers and sellers as the COVID-19 pandemic weighs on commercial real estate investment activity.