The retail sector downturn started even before the pandemic and has suffered more than other property types this year. But some institutions are willing to lending on retail assets, said JLL, Chicago.
Tag: JLL
Commercial Real Estate 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.
Dealmaker: San Francisco’s Transamerica Pyramid Center Sells for $650M
JLL Capital Markets, Chicago, closed $650 million for sale and $390 million financing of the Transamerica Pyramid Center Complex in San Francisco.
JLL: ‘Passive’ Investment Growth Could Boost Private Real Estate Market
JLL, Chicago, said increased passive investment into public real estate investment trusts could drive a new wave of capital into private real estate markets.
Dealmaker: JLL Closes $64M in Office, Multifamily Transactions
JLL, Chicago, closed $63.8 million in office and apartment property transactions in Minnesota and Colorado.
Social Responsibility, New Technologies Increase Real Estate Transparency
Greater emphasis on corporate social responsibility and new technologies have improved global real estate transparency over the past two years, JLL and LaSalle reported.
Industry Briefs July 7, 2020
CoreLogic, Irvine, Calif., launched OneHome, a virtual, collaborative platform for real estate agents and their clients looking to buy, sell or make improvements to a home. Following a launch with Ohio-based Yes-MLS, OneHome is expected to be nationally available by the end of 2020 to the more than 850,000 real estate agents in North America who currently use CoreLogic’s multiple listing platform.
Dealmaker: JLL Arranges $368M for Office, Multifamily
JLL Capital Markets, Chicago, arranged $367.6 million to refinance a four-building office campus and five multifamily properties.
Dealmaker: JLL Brokers $47M Retail Center Sale Near Miami
JLL Capital Markets, Chicago, closed a $46.75 million sale of Plaza San Remo, a Whole Foods Market-anchored retail center in Coral Gables, Fla.
Global CRE Activity Drops
Commercial real estate transaction volume is slowing worldwide, reported Real Capital Analytics, New York.