CBRE Investment Management and Hillwood Partners plan to redevelop a land parcel adjacent to the Auto Club Speedway in California’s Inland Empire into an industrial mega-development.
North America-focused commercial real estate debt funds raised roughly $20.06bn for new vehicles in the fourth quarter of 2023.
Top 10 investor commitments to North America-focused real estate debt funds in Q1 2024
Spreads on newly originated loans were modestly tighter, according to data from Cushman & Wakefield.
The index was at 21.18% in January compared with 21.07% in both December and November 2023.
The multifamily sector took 42 percent of the total loan volume, according to deals tracked by Real Estate Capital USA’s Lending Barometer.
Slate Property Group in March originated a roughly $60m loan to reignite a stalled multifamily development in the Astoria neighborhood of Queens, New York.
The industrial sector is poised for the greatest amount of disruption of any commercial real estate sector as the need for modern logistics properties rises, says CBRE IM's Mary Lang.
A divide exists between senior managers and more junior staffers, according to a survey completed in June 2023 by Real Estate Capital USA and the CRE Finance Council.
The US commercial real estate debt markets continued to grapple with high interest rates, falling valuations and macroeconomic and geopolitical forces in a year when transaction activity dropped steeply. Find out which organizations and deals were voted the best in 2023.