Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.
By Paul Bubny | August 11, 2024Rental housing remains one of our highest-conviction themes, and we continue to see strong fundamentals in attractive markets.Asim Hamid, senior managing director, Blackstone Real Estate
Announced with relatively little fanfare, a package of separate but related transactions between Equity Residential (EQR) and Blackstone became last ...Read more
By Paul Bubny | August 04, 2024Consumer behavior is changing, and that will transform how traditional real estate is used.John Tipton, partner, Allen Matkins
A sale that demonstrated the resurgence of brick-and-mortar retail, especially certain sizes and formats of brick-and-mortar retail, was the most-rea...Read more
By Paul Bubny | July 28, 2024We strongly believe in the long-term fundamentals in the logistics space and are excited about the opportunity to purchase this portfolio of light industrial assets that represent mission critical locations for the tenants.Andy Smith, Head of North American Investments for Logistics, Brookfield
Although there have been fewer large portfolio transactions outside the multifamily sector in the past few quarters, they do still occur. Perhaps it�...Read more
By Paul Bubny | July 21, 2024As the country faces a massive housing deficit, common sense solutions are desperately needed that prioritize building more housing, not erecting additional barriers to housing development.Housing Solutions Coalition
It was apartments all the way this past week as far as the readers of Connect CRE were concerned. The multifamily sector figured in all five of the m...Read more
By Paul Bubny | July 14, 2024Elevated inflation is not the only risk we face. Reducing policy restraint too late or too little could unduly weaken economic activity and employment.Jerome Powell, Federal Reserve Chair
Connect CRE readers naturally are eager to know about any indications that the Federal Reserve sees an opportunity to begin, or at least think about ...Read more
By Paul Bubny | July 12, 2024The entire U.S. industrial market is coming off a COVID high.Craig Meyer, SIOR, President and Global Chair/Industrial, JLL
Multifamily was the leading sector over the past week as far as Connect CRE readers were concerned. Apartment investment, development and hurdles in ...Read more
By Paul Bubny | July 12, 2024I do think the Fed will surprise themselves and lower faster.Peter Linneman, founder, Linneman Associates
It wasn’t the first time a high-profile commercial real estate owner has turned in the keys to a major property, and in the current cycle it likely...Read more
By Paul Bubny | June 16, 2024The anticipation of fewer rate cuts in 2024 indicates that the current lending and borrowing landscape will persist for a longer period than initially expected.Adam S. Finkel, co-founder and managing partner, Tower Capital
Although brick-and-mortar retail has staged a remarkable comeback from the depths of the pandemic, the rising tide hasn’t lifted all boats. As a ca...Read more
By Paul Bubny | June 09, 2024Loans tied to office properties generated 55.9% of CMBS defaults in 2023, up from 49.4% in 2022. Fitch Ratings
It isn’t often that a senior member of Blackstone’s real estate team departs the company to launch a new venture. When it does occur, it’s big ...Read more
By Paul Bubny | May 19, 2024California has 4,306 office-to-apartment-units in varying stages of development. RentCafe
With the Federal Open Market Committee scheduled to meet June 11-12 and with mixed signals around inflation and economic activity, news that offers a...Read more
By Paul Bubny | May 19, 2024Annual returns on CRE investments globally were negative 4.1%, the lowest since 2009.MSCI’s Global Annual Property Index
All real estate is local, but what happens in one market may have implications that carry beyond that market. Regional stories that also drew nationa...Read more
By Paul Bubny | May 12, 2024Homeownership is a bipartisan issue, and we applaud these members of Congress for forming a caucus to work across the aisle to make housing more accessible.National Association of Realtors
When industry groups band together to alert lawmakers to a concern that all the groups share, it’s gratifying to see elected officials act. That wa...Read more
By Paul Bubny | May 05, 2024Commercial real estate mortgage lending in 2023 was down 47% from $816 billion in 2022 and off 52% from 2021’s record $891 billion.Mortgage Bankers Association
Although recent news reports about WeWork on Connect CRE tended to focus on the workspace provider’s rejection of its leases in various markets, th...Read more
By Paul Bubny | April 28, 2024The world has changed and today a Matterport is the new open house or property tour. People now select their next home, apartment, office, store, hotel or warehouse on their mobile device often without ever visiting the property.Andy Florance, founder and CEO, CoStar Group
Chicago may be only the third-largest U.S. city, but it was number one among regional markets in the minds of Connect CRE readers this past week. Sto...Read more
By Paul Bubny | April 21, 2024Most people really couldn’t envisage or understand what the implications of higher cost of capital would be
because they hadn’t seen it for a generation.Peter Oppenheimer, Chief Global Equity Strategist, Goldman Sachs
Federal Reserve Chair Jerome Powell made waves, and headlines, last week with comments that upended hopes of reductions in the effective federal fund...Read more
By Paul Bubny | April 14, 2024We’re in kind of a permanent position in that single-family home prices will go up notably faster than inflation, but we just don’t have enough housing units.Linneman Associates founder Peter Linneman
Peter Linneman and the apartment sector were the main attractions this past week as far as Connect CRE readers were concerned. Linneman’s quarterly...Read more
By Paul Bubny | April 07, 2024In nearly all the 200 U.S. metros we looked at – 98.5% of them – renting is the better option for Gen Zers younger than 30.Alexandra Both, research analyst, RentCafe
Going against the time-honored maxim “if it ain’t broke, don’t fix it,” the Biden administration announced last week that it intended to impo...Read more
By Paul Bubny | March 31, 2024Given the market forces facing housing providers, we encourage lawmakers to reject policies that make the creation of new housing even more difficult, such as rent regulation and other related proposals, and instead, act now to remove regulatory barriers to housing development.Sharon Wilson Géno, President, National Multifamily Housing Council
The multifamily sector ruled this past week as far as Connect CRE’s most-read stories were concerned. Topping the rankings for the week ending Marc...Read more
By Paul Bubny | March 24, 2024Commercial property prices are now 7% lower than they were at their peak in Q1 of 2022. Trepp
With commercial property sale prices ticking downward when compared to their post-pandemic high-water mark, it stands to reason that sellers would be...Read more
By Paul Bubny | March 17, 2024Inflation continues to churn above 3%, and once again shelter costs were the main villain.”Robert Frick, corporate economist at Navy Federal Credit Union
Friday is often considered a slow news day, but that certainly wasn't the case this past week. Connect CRE posted a breaking news story on a settleme...Read more
