Mesa West Capital, New York, provided Atlanta-based real estate investment firm Audubon with a $71.5 million first mortgage secured by The Cooper, a 344-unit multifamily community in Mount Pleasant, S.C.
Tag: CBRE
CBRE Senior Housing Survey Finds Mostly Higher Cap Rates
CBRE, Dallas, reported all but one seniors housing category had a higher average cap rate year-over-year, with the average seniors housing cap rate up by 26 basis points.
CBRE Senior Housing Survey Reports Mostly Higher Cap Rates
CBRE, Dallas, in a recent survey reported all but one seniors housing category had a higher average cap rate year-over-year, with the average seniors housing cap rate up by 26 basis points.
CBRE Projects Office Market Imbalance to Improve as Construction Cools
CBRE, Dallas, reported the supply and demand imbalance in the office market should begin to ease as the number of planned new office developments falls in the next few years.
CBRE Again Raises Forecast for 2023 Hotel Performance
CBRE, Dallas, raised its hotel performance outlook for this year once again, improving its forecast for revenue per available room to $97.89, up 6% year-over-year, and an increase of 43 cents from its previous forecast.
CBRE: Office Attendance Changes Prompt Companies to Revamp Office Portfolios
More companies now require office attendance than a year ago, causing them to change their office footprint to match office attendance patterns, reported CBRE, Dallas.
Industry Briefs May 16, 2023: FHFA Requests Input on GSEs’ Single-Family Pricing Framework
LenderLogix, Buffalo, N.Y., announced its streamlined point-of-sale LiteSpeed now offers a Spanish version of the residential loan application to support communication with Spanish-speaking borrowers in their native language.
CBRE: Multifamily Fundamentals Begin to Stabilize
The U.S. multifamily sector is beginning to stabilize as vacancy rate expansion and negative absorption ease, reported CBRE, Dallas.
CBRE: Office Sublease Space Nearly Doubles Since Pandemic
CBRE, Dallas, said office sublease space has nearly doubled since the COVID pandemic began in early 2020, ushering in hybrid working arrangements.
Life Sciences Properties Prove Resilient
Life sciences real estate assets are proving resilient during the current economic slowdown, reported CBRE, Dallas.