With all that was going on, investors buying up properties to rent represented a lifeline to banks, the housing market, and local economies.
The building at 611 Fifth Avenue was recently appraised at a value 60 percent below that it was appraised at five years ago.
CBRE provided NREI with an exclusive sneak peek at its 2020 Real Estate Market Outlook report.
Private equity investors allocated a lot of capital to CRE debt plays over the past few years. That trend has been slowing of late.
Elizabeth Warren criticizes Blackstone for buying up foreclosed multifamily buildings and single-family homes after the housing crisis.
Real Estate professionals discussed topics including debt and equity flows, institutional capital and non-bank lender activity.
SoftBank wanted him to divest his ownership stake in the company, according to two people familiar with the matter.
Retail real estate has taken a beating, but the level of bearishness in the sector is beginning to abate.