David Steinbach News Today

Successful real estate investors have long followed the adage: When there is blood in the street, buy property. Historically, this approach has yielded dividends, and it explains the mindset behind a new venture from Hines, a real estate giant with over $93 billion in assets under management. Hines recently announced a new platform called Hines Private Wealth Solutions that seeks to capitalize on the recent troubles in the real estate industry. The management at Hines has been carefully watching

The firm, which already works with individual investors, wants to build up its relationships across private wealth distribution channels.

“This real estate correction began really over two years ago … So we're two years into a cycle, which means we're near the end,” says CIO David Steinbach.

The stories shaping the Global, Regional and Industry agendas

Hines wrote in the firm’s “2024 Global Investment Outlook” that U.S. commercial real estate is poised for a turnaround in the new year.

Updated weekly, this digest offers insights that can help decision makers identify new opportunities for innovation, growth, and impact.

Stakeholders need to adapt to find pockets of opportunity while supporting tenants.

/PRNewswire/ -- Hines, the global real estate investment, development, and property manager, today released its new global investment outlook titled,...

Kathryn Josephine Besteman passed away peacefully on May 29, 2023, in her home in St. George, Utah. Kay is survived by John V. Besteman, her loving husband.

Offices have become a particular source of stress given the rise in remote and hybrid work, which has limited the prospects of filling those towers back up.