Provided by Commercial Real Estate Direct
CB Richard Ellis was by far the most active investment-sales broker in the United States last year, handling $26 billion of property transactions. Its next closest competitors, Eastdil Secured and Cushman & Wakefield, handled $10.8 billion and $10.7 billion, respectively, according to Real Capital Analytics. Read Full Story
With CMBS conduit lenders on the sidelines, Fannie Mae is planning to gear up its own securitization program. The agency long had relied on securitization markets to fund originations under its delegated underwriting and servicing, or DUS, program. Read Full Story
Russian-born billionaire Len Blavatnik is in the market to acquire distressed commercial and residential properties in the United States. Blavatnik is trying to buy a number of properties in the hopes of turning a profit once the real estate market rebounds. Read Full Story
Commercial developments have continued to sprout up in Dallas' Uptown area, despite an economy that has slowed demand for similar properties in other parts of the city. Since 2004, developers have added some 2,000 housing units to the Uptown section, as well as a number of class-A office projects and luxury hotel rooms. Read Full Story
Since last summer, investment managers have registered to raise more than $16.3 billion of equity through new offerings of non-traded REIT shares. That's on top of the $9.6 billion of equity that existing non-traded REITs had raised during the entire year. It also represents a sharp contrast to the traded REIT market, where a mere $491 million of equity was raised. Read Full Story
The office market in California's Silicon Valley, CA will increase 10 percentage points to 27.5 percent, while its rents will drop 25 percent this year, according to Foresight Analytics.
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