Commercial Real Estate & Business News – October 27, 2021
Realty Income And VEREIT Announce Anticipated Closing Date For Merger And Realty Income Sets Record And Distribution Dates For Spin-Off SAN DIEGO and PHOENIX, Oct. 22, 2021 /PRNewswire/ — Realty Income Corporation (Realty Income,NYSE: O), The Monthly Dividend Company®, and VEREIT, Inc. (NYSE: VER) (“VEREIT”) today announced that they anticipate closing their previously announced…» Flex […]
Commercial Real Estate & Business News – October 26, 2021
JE Dunn Breaks Ground on 24-Story Multifamily Project in Downtown Phoenix JE Dunn Construction and Lincoln Ventures, an Austin-based student housing and national multifamily developer, announce breaking ground on 811 N. 3rd Street, a 24-story, 326-unit multifamily development located in the heart of the arts district in Downtown Phoenix. The…» Howard Hughes Corp., Jerry Colangelo […]
Commercial Real Estate & Business News – October 23, 2021
Institutional Investors Shift to Long-Term Hold Apartment Strategy This year, inflation has become a top concern for investors. Institutional capital and major funds are planning ahead by shifting from a value-add or short-term hold investment strategy to a long-term hold business model. “On a short-term hold, it is very difficult to…» Return-To-Office Rebounding After Delta […]
Commercial Real Estate & Business News – October 22, 2021
Property Sales Shattered Records In Q3 Sales of commercial real estate assets in the US hit record-breaking highs in the third quarter, thanks largely to activity in the apartment and industrial sectors.Real Capital Analytics’ latest US Capital Trends report shows that deal volume hit $450 billion in the first…» US Office Sales Up, But Won’t […]
Commercial Real Estate & Business News – October 21, 2021
Single-Family Rents are Surging, and Investors are Flooding the Market Demand for single-family rental homes is showing no sign of easing up, and that is pushing rents through the roof, especially for the highest-priced properties.As a result, investors are now flooding into the market again, after falling back…» LA Dodgers, White Sox Joint Venture Seeks […]
Commercial Real Estate & Business News – October 20, 2021
JPMorgan Chase To Return to Higher Commercial Property Lending After slowing its commercial real estate loan growth during the COVID-19 outbreak, JPMorgan Chase is ready to scale back up.The nation’s largest bank holding company, with $3.2 trillion in assets, is seeing commercial real estate loan growth…» Howard Hughes Corp. Pays $600M for Douglas Ranch in […]