Investors See Signs Of Life For Office As Smaller Investors Start Spending
High net worth family offices are deploying capital into office properties in hot emerging markets, one CRE professional said.
High net worth family offices are deploying capital into office properties in hot emerging markets, one CRE professional said.
The 1650 Arch tower is owned by an affiliate of ASI Management, and Delphi Financial Group originated the loan.
Some of New York City's largest office deals this year have come from pension funds selling assets.
The sale of 2001 M St. NW, which was overhauled a decade ago and is 95% leased, pencils to $572 per SF.
Brookfield has ceded control to lenders or sold at a discount assets once valued at more than $3B, and it plans billions more in sales, a Bisnow analysis found.
AXA IM Alts has built 3M SF in the City and expects rents to keep growing.
It's a new day for buying offices as sales activity picks up and the environment turns competitive.
AI-related companies accounted for more than 800K SF of leases across Q1 and Q2.
The property sold at a foreclosure auction in November 2024 for $8.5M.
Developers and downtown business leaders say cities may need to allocate more resources to accelerate the revitalization of downtown areas.
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