Investment sales in the sector have been impacted by the same volatile forces as other commercial real estate assets, but potential long-term returns remain attractive.
A lot of pressure to move quickly on potential acquisitions has subsided amid higher interest rates and more concerns about property values holding up.
Private equity funds have stepped up their loan offerings, including for mortgage and construction loans, reported Reuters. The Wall Street Journal explained why even perfectly creditworthy property owners may opt to let some of their assets...
PacWest Bancorp struck a deal to sell a portfolio of $2.6 billion in construction loans to Kennedy-Wilson Holdings, reported Reuters. Equity Commonwealth named a successor to Sam Zell. These are among today’s must reads for real estate investors.
We collected some of the best obituaries and tributes to real estate industry icon Sam Zell, who passed away at age 81 at his home. Sandeep Mathrani’s abrupt departure as CEO of WeWork came as a surprise to observers, reports Bisnow. These are...