Commercial Real Estate & Business News – April 15, 2021

Approximately 159 million economic impact payments, totaling more than $376 billion, have gone out to eligible recipients in the last month — and the majority of that money continues to be spent on groceries, rent and other monthly bills, according to a new survey…»

Värde Partners has originated more than $2.5 billion in commercial real estate loans since 2017. In the first quarter of 2021, the firm closed $309 million in U.S. commercial real estate loan originations spanning the office, multifamily and hospitality sectors. Commercial…»

A multitude of investors and investment groups have been routinely upping their ante to acquire hard real estate assets year-over-year. This diverse group includes a tapestry of family offices, hedge funds, institutional investors, high net worth individuals, wealth advisory…»

The average amount of free rent that office landlords are offering to secure long-term leases jumped 12.5 months in the first quarter. That was a 29% increase from a year earlier, according to CBRE. Free rent has risen sharply since 2019. From Q1 to Q3 2019, free…»

Last year was tough for everyone and most industries. However, industrial real estate construction was more insulated. Shelter-in-place mandates, working from home and online schooling meant that Americans weren’t going anywhere — and, as a result, they were…»