CMBS issuance fell to a 10-year low in the first quarter, reports The Real Deal. The Green Street Commercial Property Price Index was down 15% year-over-year in March. These are among today’s must reads from around the commercial real estate...
The overhaul centers on a merger between its Ground unit, which uses non-employee contractors to move parcels, and its Express division, which hires only staff drivers.
Prices on CMBS bonds have dropped to pandemic-era lows, reports The Wall Street Journal. Investors in single-family rentals continue to enjoy a favorable market environment, reported Commercial Observer. These are among today’s must reads from...
The firm will conduct sales of $27 billion in securities from Signature and $87 billion from SVB Financial Group’s Silicon Valley Bank, the Federal Deposit Insurance Corp. said in a statement Wednesday. The holdings are mostly agency mortgage...
Brookfield REIT CEO Zachary Vaughan stepped down to “pursue other business opportunities” reports The Real Deal. Walmart is revamping its supply chain strategy, according to The Wall Street Journal. These are among today’s must reads from around...
The plan rests on strategic asset acquisition, proprietary methods of retrofitting buildings and adding solar panels and the long-term payoff from assembling a portfolio of energy-efficient buildings.
The Sao Paulo-based holding is interested in multifamily housing properties and commercial buildings amid a “dislocation” of prices coming out of the pandemic in different markets, including New York and the West Coast, Chief Executive Officer...
The buyout firm, which is also the world’s largest commercial real-estate owner, has agreed the key terms on buying Industrials Reit Ltd., an operator of UK industrial estates whose stock price recently touched a two-year low after falling more...
Rising CMBS delinquencies and potential defaults continued to dominate headlines. The real estate industry is not doing enough to cut down on carbon emissions, reported Bisnow. These are among today’s must reads from around the commercial real...