WASHINGTON, DC—The multifamily market accelerated in 2015 and will build on that momentum this year, according to Freddie Mac’s Steven Guggenmos.
CALABASAS, CA—Positive economic and demographic trends will continue to buoy the multifamily sector throughout this year, said experts on Marcus & Millichap’s webcast this week.
IRVINE, CA—The Institute’s 2016 president, Steven Moreira, says the partnership with Ten-X will provide ““sophisticated resources that will provide brokers with a distinct competitive advantage in this ever-changing industry landscape.”
CHICAGO—Investors have been putting a good deal of money into the sector for several years, but with REITs pulling back, the coming year probably won’t see the big gains of 2014 and 2015, according to CBRE.
- Inland Targets Multifamily—Again
- A New York Debt Fund Sees Value in Rockville’s Office Market
- Chicago to See Construction Cost Increases in 2016
- Senior Housing Entering a Steady Period
- Local Family Unveils Baltimore Retail Redevelopment Plans
- Cuomo: Bank Merger Would Have ‘Devastating’ Impact
- Stafford Grabs Attention With Tax Exemptions
- Stress-Tested Every Way, Freddie Mac Finds MF Is Still A Winner
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Good Fundamentals, Not Cheap Debt, Mostly Responsible for Philadelphia's Rise, Says RealShare Capital Markets Panel
PHILADELPHIA—Good real estate fundamentals are what’s driving the commercial real estate market in Philadelphia, according to most of the industry leaders on the Capital Markets panel at Tuesday’s RealShare Philadelphia conference, produced by GlobeSt.com’s parent ALM Real Estate Media, at the Union League Club in Center City.
FRISCO, TX—Two CMBS originators were willing to overlook the downturn in oil and emphasize more on the sponsors’ track records and financial strength.
SAN FRANCISCO—The closing of an $815 million financing of a portfolio of multifamily, urban retail and mixed-use properties is the largest of its kind in San Francisco history.
Local Market Headlines
- Cornerstone Expands its Health Care Portfolio
- Student Housing Ready for 2017 Move-Ins
- Regent Retains Key Tenant With Upgrades
- Developers Bullish Amid Expansions
- Newly-Developed Retail Property Refinanced
- Meridian's Largest Acquisition in a Year
- Living on Easy Street Becomes a Reality
- Panattoni Completes Two I-355 Specs
Facing continued slow and steady growth in US GDP, heightened global uncertainty and lower yield expectations, institutions don’t anticipate tapping the brakes on investment any time soon.