Skip to Content

Feed items

Blackstone Seeks $18 Billion for Biggest Real Estate Fund

In June, New York-based Blackstone raised $7.1 billion for an opportunistic real estate fund focused on Asia, and Carlyle Group LP this month also raised its largest U.S. real estate fund.

U.S. Consumer Sentiment Rises to Six-Month High, Above Estimate

Consumers also said they benefited from income and wealth increases, supported by higher stock prices and property values.

Ultra-Luxury $400 Million Hotel Coming to Montana

Montage, which launched in 2002 with a resort in Laguna Beach, California, currently operates eight hotels and generated $400 million in revenue last year.

10 Must Reads for the CRE Industry Today (September 14, 2018)

Hurricane Florence could cause as much as $60 billion in damage, CNBC reports. A Forbes contributor details lessons learned from his firm’s worst real estate deal. These are among today’s top must reads from around the commercial real estate industry.

The Office REIT Sector Has Been Untouched by Recent M&A Activity, but That Might Be About to Change

Columbia Property Trust may be considering a sale of assets, and may draw considerable interest from other investors.

Pebblebrook Plans Up to $1 Billion in Asset Sales After Buy of LaSalle

Chief Executive Officer Jon Bortz said he remained bullish on the West coast and that the additional asset sales would probably increase Pebblebrook’s concentration in the market, meaning the sales would come from other regions.

Breaking Down One Family Office’s High Opinion of Cannabis Real Estate

The Inception Cos. recently launched Inception REIT, which provides sale-leaseback, senior debt and capital improvement financing to businesses in the medical and recreational segments of the marijuana industry.

Can Outlet Centers Continue to Succeed by Luring Shoppers with Bargains and ‘Experience?’

While many CRE pros agree that outlet centers are today’s best-performing retail asset, some say the sector may be losing some of its appeal.

Manhattan Landlords Sacrifice Higher Rents to Fill Apartments

The median rent, with the value of those concessions subtracted, fell 2 percent to $3,310, according to a new report. It was the third straight month with a decline.

10 Must Reads for the CRE Industry Today (September 13, 2018)

A new study found that members of Generation Z are more interested in buying homes than millennials, the New York Post reports. The New York Times discusses the Carolinas’ development boom, in spite of their history of bearing the brunt of major storms. These are among today’s top must reads from around the commercial real estate industry.