CREXi Data Shows CRE Investors Remain Interested in Making Deals
But the higher cost of capital and sellers holding on to 2022 prices is preventing some potential transactions from going through.
Source: wealthmanagement.com
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Office Prices Have Dropped. Investors Are Still Interested in Offices.
There’s so much institutional capital in the market, even problematic office assets can find buyers, albeit at a discount, notes CREXi COO.
Source: wealthmanagement.com
Proptech Firms Eye Expansion - San Fernando Valley Business Journal
Tools help owners, buyers, renters navigate market.
Vik Chawla Channing Fleetwood Peter Belisle Eli Randel Redfin Corp Marina Del Commercial Real Estate Exchange Inc
Source: sfvbj.com
Crexi Announces Eli Randel as Chief Operating Officer and Shannon Garner as the First Ever Chief People Officer
/PRNewswire/ -- Today, Crexi, the commercial real estate industrys fastest-growing marketplace and data platform, announced the promotion of Eli Randel to...
United States Playa Vista Los Angeles Michael Degiorgio University Of Florida Real Estate Exchange Inc
Source: prnewswire.com
Multifamily Sales Strong - Los Angeles Business Journal
Learn about why investors are interested in multifamily properties now.
Source: labusinessjournal.com
Santa Monica Apartments Sold for Record Price - Los Angeles Business Journal
Learn about an apartment complex Douglass Emmett purchased for $330 million.
Source: labusinessjournal.com
Pension Funds Eye Higher CRE Allocations | Wealth Management
With asset managers projecting annual total returns north of 7.0% through 2026, pension funds remain bullish on commercial real estate.
Ryan Swehla Eli Randel Dennis Martin Pension Real Estate Association Consensus Forecast Investment Intentions
Source: wealthmanagement.com
Why proptech and real estate can't get enough of SPACs
Samantha Lee/Insider SPACs are taking real-estate tech companies public, and real-estate companies are raising SPACs. Its partly timing: Proptech companies are maturing at the same time as the SPAC boom. VCs said proptech, which brings new business models to an ancient industry, is well suited to SPACs. Between 2020 and 2021, almost 500 special purpose acquisition companies were filed. In 2019, there were only 59. This tidal wave is due to a combination of low interest r...
Source: businessinsider.com