“It’s a perfect time, because with all this negative sentiment, you’re seeing a lot of unique opportunities,” DoubleLine portfolio manager Morris Chen said in a phone interview. “By no means are we ignoring it, but there’s a lot of devil in the...
The Fed said last month that it recorded a deferred asset of $16.6 billion in 2022 after ceasing remittances to the Treasury. In its audited financial statement for 2022, the US central bank said payments to Treasury totaled $76 billion before...
The company secured $30.4 billion of total capital commitments for the fund, called Blackstone Real Estate Partners X, according to a statement Tuesday. Blackstone’s latest fund is the largest of that type, according to PitchBook data going back...
Diversified Healthcare Trust struck a merger agreement with Office Properties Income Trust, reports McKnights Senior Living. Commercial Observer looks at the conflicting pictures of what's going on in the multifamily sector. These are among today...
Risk premiums, or spreads, on the highest-rated commercial mortgage bonds averaged about 1.12 percentage point as of Thursday’s close. That’s close to the widest since the early part of the pandemic and before then, near the highest level since 2016.
Foreign investors are pausing activity and refocusing on less traditional real estate sectors amid economic uncertainty, reports Commercial Observer. Mortgage Professional America asks whether real estate remains a good investment choice in an...
Those who came into work devoted about 40 more minutes a week to mentoring others, nearly 25 more in formal training and about 15 additional minutes each week doing professional development and learning activities, according to WFH Research, a...
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.
The wall of debt is set to get worse before it gets better. Maturities climb for the coming four years, peaking at $550 billion in 2027.
