Sunday Summary News Today

Institutional investors are in on the act now, and the approach is even having a halo effect on residential development.

Inflation and the pandemic have wrecked some chains, giving insurgent dining concepts a chance to feast on the leftover real estate.

It's a combination of corporate relocations, friendly government and population growth.

The healthful cafe concept has grown its location count five fold this decade — next stop: the billionaires nest on Fishers Island

The future Westin Resort & Spa Cocoa Beach a few miles from the Cape Canaveral Space Force Station could be just the start.

It was a busy week, with Meridian being banned from Freddie Mac deals, an FBI HQ finally chosen and more.

Two of the pillars of lending — commercial mortgage-backed securities (CMBS) and collateralized loan obligations (CLO) — aren’t as solid or as useful as they had been in previous years, and that’s putting it politely. Private-label CMBS and CLO issuance declined by more than two-thirds in just the last year, from $92.3 billion to $30.7 billion in September, according to the Commercial Real Estate Finance Council (CREFC). On the CMBS side, conduit CMBS — multi...

Is it us, or have there been some real interesting (read: large) deals crossing the finish line of late? First up, in Santa Clarita (about 36 miles northwest of Downtown Los Angeles), the Dallas-based Centennial Real Estate just shelled out $199 million for a 1.1 million-square-foot mall, the Westfield Valencia Town Center. What was perhaps even more interesting was JPMorgan Asset Management’s admirably bold play on office.

Two Chinese developers, Country Garden Holdings and Zhongzhi Enterprise Group, are in the middle of a meltdown. What will it mean for CRE?

Mid-month we learned that the guys behind Dante’s HiFi, the popular Wynwood bar, were taking over Navé in Coconut Grove. Then, last Tuesday, we heard that Rocco’s Tacos was renewing its 4,800-square-foot taqueria space at 224 Clematis Street in West Palm Beach. While retail has by and large been keeping its head down and trying not to be talked about too much, discount grocery stores are having a moment.