WMRE home for insight covering finance and lending in commercial real estate, distressed properties, REITS and CMBS. Learn more about these CRE areas below.
Hyundai, based in Seoul, is paying about $275 million in cash for 15 Laight St. in the Tribeca neighborhood, according to people familiar with the matter, who asked not to be named because the transaction is private. The eight-story boutique...
Many landlords are still bullish on rental homes. They generally aim to hold onto properties for a longer length of time than other buyers, which can help insulate them from the price corrections that started to slam the market last year. But...
Eric Birnbaum, Dreamscape’s chief executive officer and founder, said in an interview he’s created a real estate investment trust to own the 2,500-room resort. He’s also created a property management company. Birnbaum sees an opportunity to use...
Investments like real estate and other private markets can generally weather difficult market conditions better than their more liquid counterparts and, over the long run, have historically provided higher returns and lower volatility.
A total of 12.6 million square meters of office space was leased on the continent in 2022, a 15 percent jump from the previous year when many staff worked remotely because of the pandemic, data compiled by broker Cushman & Wakefield Plc show.
