Last week, I had a discussion with Dominic Chu at @CNBC about the misperception that distress in commercial real estate poses a risk to capital markets, the banking system, and the wider economy. Unfortunately, the sector is often seen through the lens of the office market, which indeed confronts numerous hurdles. Yet even there, we see a divided landscape: modern, smaller, suburban office buildings show an average vacancy rate of 11.5%, in contrast to large, older, urban constructions which approach 25%. It's important to remember that there is a substantial variation across commercial real estate asset classes and as such, I continue to point to the varied conditions among different product types, their rent and occupancy profiles, and the degree of loan performance-related distress. The rapid rise in interest rates and the unlikely scenario that rates will revert to near zero mean price adjustments. However, the degree of re-valuation must be based on each market, product type, and situation. We are seeing examples of situational distress caused by maturing loans in all property types, where our team is helping owners raise equity, recapitalize, or restructure deals or execute sales. Although there are growing opportunities for astute buyers, a wave of fire sale-priced quality assets is unlikely. For more insights, the full conversation is available at: https://lnkd.in/gUSXwiJZ
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Explore commercial real estate trends and opportunities in the 2024 commercial real estate midyear outlook. https://lnkd.in/gThvpUzY
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🏙️ Are we in for a positive shift for commercial real estate? Dive into the article below to read more! #ChampionTitleandSettlements #CloseLikeAChamp #DCRealEstate #NOVARealEstate #TitleIndustry #TitlePartners #TitleProfessionals #VARealEstate
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Spotlight on Real Estate Trends! Explore Carlo L. Batts, MAI's latest article in the newest issue of Mid Atlantic Real Estate Journal (#MAREJ). Uncover the current state of multifamily, industrial, and retail sectors, and see how high interest rates and office vacancies are impacting the market. Discover why CMBS is gaining traction as a financing alternative amidst these challenges. Read more: https://lnkd.in/eT8MB4F3 #CommercialRealEstate #CMBS #RealEstateTrends #Finance #Investment
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Mid Atlantic Real Estate Journal (MAREJ) shared our recent piece about the interesting rise in CMBS activity, and how high interest rates and office vacancies are impacting the market. #Valuations #CommercialRealEstate #RealEstateTrends #CMBS
Spotlight on Real Estate Trends! Explore Carlo L. Batts, MAI's latest article in the newest issue of Mid Atlantic Real Estate Journal (#MAREJ). Uncover the current state of multifamily, industrial, and retail sectors, and see how high interest rates and office vacancies are impacting the market. Discover why CMBS is gaining traction as a financing alternative amidst these challenges. Read more: https://lnkd.in/eT8MB4F3 #CommercialRealEstate #CMBS #RealEstateTrends #Finance #Investment
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Here is the newest Vancouver commercial real estate market update from Altus! *Vancouver reported $1.7 billion in dollar volume transacted in the first quarter of 2024, down 16% year-over-year (YoY) *Despite the slowdown, Vancouver was Canada’s most preferred market by investors in the first quarter of 2024, with Toronto and Ottawa following, respectively
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Our forecasts for US commercial real estate cap rates are well above consensus and are below consensus for total returns this year and next. Find out more about when the market will bottom, the shape of the recovery and which sectors will lead it in these key takeaways from our Q3 client US Commercial Property Outlook. Download the free report now. https://lnkd.in/eb5JMJi4 #usproperty #commercialproperty
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Managing Director - Commercial Institutional Investment Sales, Finance and Research at Brookwood-Starboard Commercial
How commercial real estate is faring midyear Despite higher-for-longer interest rates, multifamily, industrial and neighborhood retail remain strong. Learn which trends, challenges and opportunities to expect in commercial real estate in the second half of 2024. https://lnkd.in/gQtRHYGh
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Stability Starts to Emerge in Commercial Real Estate
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Co-Founder / President @ Black and White Insurance Brokers | United States Marine Corps Veteran
Stability Starts to Emerge in Commercial Real Estate
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Co-founder & CIO of 52TEN | Offering lower market risk, outsized tax benefits, stable cash flow, and attractive yields through value-add, opportunistic, and core plus mobile home parks
Shrinking supply + increased demand = lower cap rates. While cap rates for most commercial real estate have risen, rates for mobile home parks have remained relatively low. More here: https://lnkd.in/ehW-dt8g #realestateinvesting #mobilehomeparks #mobilehomeinvesting #MHP #investing #invest #accreditedinvestors
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Owner @G&P | Large-Scale Distribution Center Intralogistics, Automation, Design, Installations, Liquidations and Comprehensive Turn-Key CRE Solutions
8moHessam Nadji on the sideline capital waiting to come in... what do you think happened to it?