Category: CRE
Downtown Office and Multifamily Product May be Next Casualties of COVID-19
BOSTON, MA — Boston Fed President Eric Rosengren lended his thought to Bloomberg for a piece about how novel Coronavirus pandemic will affect commercial real estate. This came after a recent bi-annual Financial Stability Report released by the Fed, which found that commercial real estate may be bound for a substantial decrease in prices thanks […] more
BOSTON, MA — Boston Fed President Eric Rosengren lended his thought to Bloomberg for a piece about how novel Coronavirus pandemic will affect commercial real estate. This came after a recent bi-annual Financial Stability Report released by the Fed, which found that commercial real estate may be bound for a substantial decrease in prices thanks […] more
U.S. Unemployment Wave May be Cresting, but Murky Waters Still Ahead
The U.S. Department of Labor has announced that while nearly 4 million people came off unemployment benefits in May, the unemployment rate is still expected to jump to nearly 20% in May. The official number of current employment claims for May exceeded 21.05 million, while the total number of claims since March has totaled over 40 […] more
The U.S. Department of Labor has announced that while nearly 4 million people came off unemployment benefits in May, the unemployment rate is still expected to jump to nearly 20% in May. The official number of current employment claims for May exceeded 21.05 million, while the total number of claims since March has totaled over 40 […] more
Naftali Group Awakens NYC CRE Market from Slumber with $100 Million Brooklyn Acquisition
The Naftali Group, headed up by Miki Naftali, has announced the finalization of their $102.38 Million USD Williamsburg acquisition. The 800,000 square-foot Brooklyn property is located at 470 Kent Avenue. This parcel is one of few remaining large development sites in this neighborhood of Williamsburg, and is adjacent to the Brooklyn Navy Yard. The news […] more
The Naftali Group, headed up by Miki Naftali, has announced the finalization of their $102.38 Million USD Williamsburg acquisition. The 800,000 square-foot Brooklyn property is located at 470 Kent Avenue. This parcel is one of few remaining large development sites in this neighborhood of Williamsburg, and is adjacent to the Brooklyn Navy Yard. The news […] more
CAPRE’s Commercial Real Estate Weekly Round-Up & Summary: Life Sciences Sector Thriving in COVID-19 Era, CoStar to Acquire Ten-X for $190 Million, WeWork, Prologis & More
JLL: Life Sciences Sector Thriving in COVID-19 Era: A new report by CRE mainstay JLL reports that the life sciences sector is faring better than other major industries, despite the challenges presented by the COVID-19 pandemic, according to early reports. However, JLL also cautioned that the biotech industry hasn’t fully escaped the consequences of the […] more
JLL: Life Sciences Sector Thriving in COVID-19 Era: A new report by CRE mainstay JLL reports that the life sciences sector is faring better than other major industries, despite the challenges presented by the COVID-19 pandemic, according to early reports. However, JLL also cautioned that the biotech industry hasn’t fully escaped the consequences of the […] more
Free Webinar | Multifamily Strategy Post COVID-19: Insight and Guidance for the ‘New Normal’ in Apartment Building Capital Raising, Technology Integration and Day-to-Day Operations
Tuesday’s Topic: Multifamily Strategy Post COVID-19: Insight and Guidance for the ‘New Normal’ in Apartment Building Capital Raising, Technology Integration and Day-to-Day Operations A Free Webinar – Register Now Featured NMHC Speakers: * Dave Borsos, Vice President Capital Markets, National Multifamily Housing Council * Rick Haughey, Vice President – Industry Technology Initiatives, NMHC Against the […] more
Tuesday’s Topic: Multifamily Strategy Post COVID-19: Insight and Guidance for the ‘New Normal’ in Apartment Building Capital Raising, Technology Integration and Day-to-Day Operations A Free Webinar – Register Now Featured NMHC Speakers: * Dave Borsos, Vice President Capital Markets, National Multifamily Housing Council * Rick Haughey, Vice President – Industry Technology Initiatives, NMHC Against the […] more