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 | October 08, 2023Nobody wants to sell at a huge loss.Lea Overby, head of CMBS research, Barclays Capital
A poll of commercial real estate investors by Bloomberg News conveyed an alarming forecast and provided the basis for the most-read story on Connect ...Read more
By Paul Bubny | October 01, 2023Wayne Ratkovich was a true visionary in urban development, city building, and place making and exemplified everything that a real estate developer should be.Clare De Briere, Americas Chair and member of the Global Board of Directors of ULI
With concerns about looming commercial real estate debt maturities in the air, it stands to reason that lawmakers would sit up and take notice. And i...Read more
By Paul Bubny | September 24, 2023This transaction proves, to the client’s credit, that liquidity not only remains for secondary loan sale offerings but is especially prevalent for high-quality portfolios.Will Sledge, senior managing director, JLL
A loan sale, a spin-off, a Texas-sized project, a portfolio deal and a holding pattern comprised the five mos...Read more
By Paul Bubny | September 17, 2023Commercial property delinquencies since 1996 have peaked at more than 9.5% for CMBS versus less than 1.5% for Fannie Mae.Source: Mortgage Bankers Association
Although it’s a mainstay of the retail sector, grocery doesn’t often make Connect CRE headlines on a national ...Read more
By Paul Bubny | September 10, 2023We wholeheartedly agree with the letter signatories that millions of households in this country face a housing affordability crisis, but cannot let disinformation feed false narratives about decades of fact-based evidence of the negative policy consequences of rent regulations.National Multifamily Housing Council
That clattering noise you heard resounding across the commercial real estate industry this past week was the sound of the other shoe dropping, as the...Read more
By Paul Bubny | September 03, 2023It’s important for us to realize that in this environment, it’s the transition that’s been so painful. It’s getting from one place to the next that has caused so much pain in the economy.Willy Walker, CEO, Walker & Dunlop
Two entity-level deals were announced this past week, and our report on the first of the two was the most-read Connect CRE story for the we...Read more
By Paul Bubny | August 27, 2023Commercial property pricing increased 0.3% in July compared to June.MSCI Real Assets
Regional stories from across the U.S. comprised the top five most read on Connect CRE for the week ending August 26. Leading the roster was a story o...Read more
By Paul Bubny | August 20, 2023The last few weeks, I’ve been saying, ‘holy mackerel, they’re coming out of the woodwork.'Kevin Gannon, chief executive of Robert A. Stanger & Co.
It’s big news when a major developer launches a large-scale construction project, and apparently even bigger news when it suspends work. The t...Read more
By Paul Bubny | August 13, 2023The delinquency rate for office-backed CMBS has increased more than 350 basis points since the end of 2022.Trepp
Regional news that also found a national audience dominated the past week’s five most-read stories. The top Connect CRE story of the week ending Au...Read more
By Paul Bubny | July 30, 2023It’s important to realize that this current cycle is more of a temporary downturn that we can work out of over the next 18 to 24 months versus an underlying financial crisis.Tina Lichens, senior vice president of broker operations, LightBox
It’s been said that an impressive percentage increase from a low basis looks more dramatic than it actually is, and maybe ...Read more
By Paul Bubny | July 23, 2023As the Federal Reserve nears the end of its tightening cycle, a small but growing share of respondents are finally starting to report a pickup in apartment deal flow.Caitlin Sugrue Walter, VP of Research National Multifamily Housing Council
The summer weather varied widely across the U.S. this past week, but the forecast in Connect CRE’s five most-read stories was generally cloudy with...Read more
By Paul Bubny | July 16, 2023The Fed keeps saying ‘2%, 2%, 2%’ like it was handed down from Mount Sinai. It’s a made-up number.Peter Linneman, Linneman Associates
The quarterly appearance by Dr. Peter Linneman in the Walker Webcast series has become an event, drawing thousands of viewers from across the commer...Read more
By Paul Bubny | July 09, 2023The recent pull-back of regional banks, coupled with the significant increase in short-term interest rates, is resulting in a rare opportunity for commercial real estate lenders.Charlie Rose, global head of credit, Invesco Real Estate
A shorter work week than usual due to the July 4 holiday, the past week nonetheless was filled with news. The week began with a rare weekend Breaking...Read more
By Paul Bubny | July 02, 2023Office values could decline 35% from their pre-pandemic peak.Capital Economics
A massive portfolio sale, a big financing, a cross-border joint venture and two downbeat forecasts comprised the most read stories on Connect CRE ove...Read more
By Paul Bubny | June 18, 2023There’s a lot of banks out there that just aren’t actively lending right now because of increased market uncertainty, and that puts us in a really good position because people need us more than ever.Steven Sperandio, head of debt & structured finance, RIPCO Real Estate
Two regional stories of national significance were among the five most read this past week on Connect CRE. The top five also included a pair of natio...Read more
By Paul Bubny | June 11, 2023After much thought and consideration, we believe it is in the best interest for Park’s stockholders to materially reduce our current exposure to the San Francisco market.Thomas J. Baltimore Jr., chairman and CEO, Park Hotels & Resorts
Each of the past week’s five most read stories on Connect CRE reflected the times we’re living in. Topping the ranking and closing...Read more
By Paul Bubny | June 04, 2023Loans on 15.6% of office properties nationwide will reach maturity by 2025. CommercialEdge
The themes behind the past week’s five most read stories on Connect CRE were a mix of shifting circumstances and a continuation of ongoing trends. ...Read more
By Paul Bubny | May 28, 2023Commercial property prices across all major sectors declined 9.4% year-over-year in April. MSCI Real Assets
If there’s one over-arching theme in the five most read stories of the past week, it’s that Connect CRE readers follow our content to be informed...Read more
By Paul Bubny | May 21, 2023Office values are expected to decline by 40% from pre-pandemic levels over the next 12 to 36 months. Boston Consulting Group
The current challenges facing the office sector were on the radar of Connect CRE readers this past week. Three of the five most read stories reviewed...Read more
By Paul Bubny | May 14, 2023Office remains the most heavily watched part of the market as firms look to aggressively reduce space.Manus Clancy, senior managing director, Trepp
Although it’s 72 degrees and sunny outside as this is written, possibly severe weather was in the forecast in three of&nbs...Read more