Home Banks

banks

Local family office FoxRock Properties is redeveloping the former Quincy Medical Center.
The transition has been largely hassle-free because much of the work was completed behind the scenes and in staggered stages.
One potential stumbling block for the conduit and broader CMBS market, however, could be the impact of higher interest rates.
The journey may have been long, but commercial real estate debt is now ingrained in institutional portfolios.
The impact from the war in Ukraine could still disrupt the commercial real estate debt in several ways.
value, valuation
Inflation hedging depends on the ability to grow rents and, in turn income, says Brad Gries, co-head and co-CIO, Americas at LaSalle Investment Management.
The CMBS market saw record issuance in the first two months of the year.
Fitch Ratings is finding that older assets, like Brookfield Properties’ 175 West Jackson office in Chicago, are seeing return trips to delinquency.
Panelists on Ariel Property Advisor’s latest webinar discussed cap rate compression in the context of multifamily in cities like New York – some saying investors will flee the city, others calling it a safe haven.
It is part of a $138.7m financing package for Grand Heritage Hotel Group.
pcredit
pcredit

Copyright PEI Media

Not for publication, email or dissemination