Strange looks of a building apparently aren’t enough to scare off big-name investors. That’s the case with 100 Federal Street in Boston—the so-called “pregnant building” recently purchased by Boston Properties.
A controversial real-estate investment is getting a makeover—and while the critics still aren’t sold, some advisers say it is worth considering for investors comfortable with the risks.
Cash-strapped Chinese property companies may face a reckoning this year amid high debts and a government campaign to bring down housing prices. If that happens, a number of outside investors are waiting to step in.
A growing number of lenders are beginning to open their spigots in Europe’s parched commercial-real-estate market, but the trickles are far from enough to satisfy most property investors.
Costar… The CMBS market continued to heat up this week as securitization firms rolled out four new offerings totaling more than $3 billion. Those deals are in addition to three offerings totaling $2.67 billion that sold earlier this month. The offerings are another sign of a relaxation from the extremely tight credit conditions that smothered investment activity following the Great Recession, according Moody’s Investors Service. At the same time, the newest… Read more: CMBS Market Heats Up, So Too Do Credit Risks Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net
Costar… While the heated apartment market continues to grab headlines in the ongoing CRE recovery, a number of investors are quietly turning their attention to the warehouse sector anticipating a strengthening economic rebound as the U.S. jobs picture continues to improve, leading to increased consumption and consumer spending, according to the latest PwC (PricewaterhouseCoopers) Real Estate Investor Survey. “Warehouse demand is rapidly picking up, especially… Read more here: Don’t Look Now But Investor Interest Reviving In Warehouses Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net
Costar… After years of slim pickings as many banks opted to extend non-performing loans (NPL) to CRE owners, investors are finally enjoying an uptick in opportunities for acquiring distress commercial real estate assets, according to the latest Ernst & Young U.S. nonperforming loan survey, At the crossroads: Ernst & Young 2012 real estate nonperforming loan investor survey. Improving bank earnings and declining loan loss reserves, coupled with the sheer… Follow this link: Facing Wave of Maturities, More Banks Expected To Sell Non-Performing Loans in 2012 Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net
Costar… One week after Web-based software maker Salesforce.com cancelled its plans to build a massive office complex in San Francisco leaving investors and city officials puzzled, another highly successful Internet company, Zynga Inc., struck a deal to purchase its corporate headquarters in San Francisco from an affiliate of TMG Partners for $228 million. The developer of popular online games such as Farmville, CityVille and Words With Friends, Zynga… See original here: A Tale of Two Buildings: Gamemaker Zynga’s $228M Purchase Underscores Growth Spurt of Social Networking Cos. Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net
Apartment buildings, one of the best-performing sectors of the commercial real-estate market in recent years, are starting to lose some of their appeal for investors.
The Green Street Advisors Commercial Property Price Index remained unchanged in January as investors stayed cautious about the direction of the U.S. economy.
One of real estate’s least-exciting businesses—warehouses that allow people to store their unused sofas, lamps and other household goods—have become a hit with investors.
Morgan Stanley has been forced to return about $700 million to investors in its flagship global real-estate fund and to slash fees to persuade them to stick with the firm.
The real-estate landscape is strewn with hard-hit developers and investors trying to get back to the top. But for Victor MacFarlane, a former highflier for Calpers, the comeback trail looks especially daunting.
Carlyle Group, the large private-equity firm that is preparing for a public share listing, has had to cut fees and offer other unusual incentives to lure investors to a new $2.3 billion real-estate fund.
German cities have recorded Europe’s highest growth in retail-property investment so far this year, as demand by international retailers has driven up rents, offering investors good returns.