May CRE Sales Reached $42B, Boosted By A 205% Leap In M&A
Transaction volume was up 15% from last May after a dip in April, but sales would be in negative territory if not for a wave of entity-level acquisitions.
Transaction volume was up 15% from last May after a dip in April, but sales would be in negative territory if not for a wave of entity-level acquisitions.
A judge has since unfrozen the brokerage’s accounts so that its companies can pay the millions of pounds it owes the government in taxes.
Higher interest rates are tapping the brakes on U.S. CRE deals.
Less liquidity in the market is expected to spur an uptick in defaults and foreclosures for the already-beleaguered asset class.
With loan maturities looming, some office owners are starting to sell their Manhattan buildings for serious discounts. Experts say that wave is just beginning.
More shares are being sold short as money managers increase their bets against offices following the failures of three regional banks.
Don't count on foreign investment activity to spike anytime soon as investors remain cautious about the economy and property values.
Foreign investment in U.S. assets plunged to lows not seen since the aftermath of the Great Financial Crisis, new data obtained by Bisnow shows.
A rapid drop in new apartment starts is expected to constrain supply in the coming years, making existing properties a more appealing investment.
Bargain hunters have been snapping up more offices, but some bets are already burning buyers.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.