In the realm of commercial real estate investment, technology offers valuable insights, but it's often the local nuances that paint the complete picture. According to Ben Tapper, Director of National Investment Services Group at Lee & Associates, partnering with a local CRE advisor can provide invaluable depth and context to investment decisions.

In a bid to reshape and optimize the federal real estate landscape, the General Services Administration (GSA) is seeking a significant allocation of $425 million from President Joe Biden’s proposed $7.3 trillion fiscal year 2025 budget. This allocation aims to revamp federal buildings, making them conducive for more workers while expediting the sale of redundant federal real estate, as outlined in a recent GSA press release.

In the ongoing saga of Chicago's real estate transfer tax, a recent appellate court decision has put the Bring Chicago Home measure back on voters' ballots, sparking a new legal battle. Attorneys representing commercial real estate interests have filed an appeal to the Illinois Supreme Court, aiming to invalidate the referendum before votes are cast on March 19.

Amidst the uncertainties of the U.S. commercial real estate market, Goldman Sachs Asset Management (GSAM) is making a bold move, betting on a potential turnaround.

ATTOM, a leading curator of land, property, and real estate data, recently unveiled a special report shedding light on the state of commercial foreclosures across the United States.

Federal Reserve Chair Jerome Powell provides a candid assessment of the banking sector's challenges, particularly those stemming from exposure to the commercial real estate sector.

Chicago's LaSalle Street is poised for a monumental transformation as Mayor Brandon Johnson breathes new life into a plan set in motion by his predecessor. After months of keeping the cards close to the chest, city officials have pulled back the curtain, disclosing their collaboration with developers to reinvigorate several office buildings in the prestigious district, home to the iconic Chicago Board of Trade.

Today we're diving deep into the art of expanding your real estate portfolio and the critical role local insights play in making informed investment decisions.

In a strategic shift, Starwood Capital has appointed Jonathan Pollack, a seasoned real estate executive, as its new president. Pollack, known for his executive roles at Blackstone and Deutsche Bank, will assume the role in early 2025, taking over from Jeffrey Dishner, who will transition to vice chairman and head of strategy and business development.

Today, we're delving into the turbulence surrounding New York Community Bank (NYCB). In after-hours trading, NYCB's stock took a staggering 20% hit following revelations about internal risk management practices, leadership changes, and fresh losses.

Leading brokerage JL L endured a punishing 2023 but spying "green shoots" of recovery this year, as cooling rates lure buyers back and narrow the perilous pricing gap with sellers.

In a bold contrarian move, banking giant PNC is doubling down on brick-and-mortar with a massive $1 billion branch expansion blitz.

A deeply concerning dynamic is taking shape across America's banking sector - delinquent commercial real estate debt is fast outpacing the industry's safety nets.

Amid the gloom enshrouding America's office markets, a counternarrative is emerging that cities may actually evade the much-feared "doom loop" after all.

Troubling signs are emerging that a number of midsized U.S. banks may be overexposed to risky commercial real estate debt, catching the watchful eye of federal regulators.

Another commercial brokerage titan took a hit from 2023's investment sales downturn. Marcus & Millichap, the prominent LA firm, disclosed a $10.2 million loss over Quarter 4 - a reversal from $7.2 million profits just one year prior.

A conspicuous decline in commercial asset values has dealt a financial blow to Houston's municipal coffers over the past two fiscal years, reveals a sobering new report from the city's finance department. However, the newly disclosed figures likely represent just the tip of the proverbial iceberg.

A seismic shift is reshaping America’s commercial landscape, reports Parkway CEO Jayson Lipsey, as office parks, malls, and apartment blocks rapidly fuse into dynamic mixed-use community hubs. His Houston-based firm has strategically positioned itself at the vanguard of this transformation across Sun Belt markets.

In a strategic move, the California State Teachers’ Retirement System, one of the nation's major pension plans, has successfully secured a $70 million refinancing deal for a prominent 24-story office building in Brentwood, located at 11755 Wilshire Blvd.

In the recent market tumult, regional bank stocks are taking a nosedive, evoking memories of past financial crises. However, this time, the root cause is intricately tied to the challenges unfolding in the commercial property sector.

In a recent development, the SEC has directed its attention to regional banks, probing into their exposure to commercial real estate loans. The concern stems from potential losses on these loans, which could have implications for the banks' overall business operations, as reported by The Wall Street Journal.

In 2023, commercial property sales volume took a nosedive, plummeting by a staggering 51% to $374.1 billion, as reported by MSCI Real Capital Analytics in their 2023 Capital Trends report. The conditions, as described by the report's authors, bore an eerie resemblance to the darkest days of the Global Financial Crisis.

In the dynamic landscape of commercial real estate, a pivotal transformation is reshaping the retail sector. Analysts affirm that the era of landlords offering pandemic-induced rent discounts is now a thing of the past, with fourth-quarter retail reports painting an encouraging picture.

Today, we're delving into a recent report by The Wall Street Journal that sheds light on the Securities and Exchange Commission's concerns regarding regional banks and their exposure to commercial real estate loans.