The auction format for commercial property is efficient and makes a lot of sense in certain cases.
The deluge of hotel and retail properties taking CMBS loans into special servicing could make fools of the optimists holding out for conditions to improve.
Flush private equity firms, encouraged by low interest rates, have gone on an M&A spree this year.
With several sales closing and new properties hitting the market in April, brokers see signs that the D.C. market is recovering from the pandemic.
Two $100M-plus proptech fund launches this month from MetaProp and RET Ventures show the range of commercial real estate firms investing in the space.
Several commercial real estate executives said they have secured new clients and deals through emerging social media app Clubhouse.
CREBA last week gave virtual awards to four individuals and to seven top transactions closed last year in the D.C. region.
But the uncertainty around company demand for office is slowing down the sales market for less-stabilized assets.
Law firms and lobbying firms, two of the largest sectors in D.C.'s office market, are seeing a bump in business as big tech companies face antitrust scrutiny.
Investors are splurging on multifamily assets in Greater Boston, setting a record $329K price per unit in Q2.
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