CRE

Luis de Guindos: Presentation of the ECB Annual Report 2023 to the Committee on Economic and Monetary Affairs of the European Parliament

Retrieved on: 
Thursday, April 18, 2024
Reproduction, Capital Markets Union, Attention, Growth, Face, Weakness, European Parliament, ECB, Committee, ESCB, Frankfurt, Policy, CRE, Communication, Insurance, CMU, Parliament, DFR, Economy, Suggestion, Annual report, European Central Bank

Stock market development and familiarity (language and distance) are considered key determinants for home bias.

Key Points: 
  • Stock market development and familiarity (language and distance) are considered key determinants for home bias.
  • The literature neglects however that investors often invest in foreign funds domiciled in financial centers.

NewtekOne, Inc. Announces Loan Closings for the First Quarter 2024

Retrieved on: 
Monday, April 1, 2024
EPS, NEWT, Growth, SBA, CRE, Running, BOCA, C&I

BOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company” or “NewtekOne”) (NASDAQ: NEWT), announced today that its nationally chartered bank subsidiary, Newtek Bank, N.A., closed $207.7 million of SBA 7(a) loans for the three months ended March 31, 2024, which represents a 36.2% increase over $152.5 million of SBA 7(a) loans closed in the first quarter 2023. Newtek Bank and the Company’s non-bank subsidiaries closed $308.6 million of loans, across all loan products, for the three months ended March 31, 2024, which represents a 35.8% increase over $227.2 million for the same period in 2023. The Company also announced strong growth in its loan approval pipeline across all lending products year-to-date through March 31, 2024. In particular, the Company approved $507.7 million of new loans, across all loan products, for the three months ended March 31, 2024. which represents a quarterly record for the Company. NewtekOne’s loan programs include SBA 7(a) loans, SBA 504 loans, alternative lending program (formerly referred to as our non-conforming conventional loan program), conforming C&I loans and conforming CRE loans.

Key Points: 
  • The Company also announced strong growth in its loan approval pipeline across all lending products year-to-date through March 31, 2024.
  • Finally, the Company announced that Newtek Bank has experienced increased deposit activity during the first quarter 2024.
  • Specifically, from the period of March 15, 2024 through March 31, 2024, deposits increased by approximately $30 million.
  • We plan to update our 2024 forecast when we release our first quarter 2024 financial results.

36% of US Employees Don’t Believe Their Workplace Enables Them to Work Productively

Retrieved on: 
Wednesday, March 27, 2024
Research, Temperature, Health, Organization, Capital expenditure, Entrepreneurship, REX, Tenant, CRE, OPEX, NOI, Workplace, Chase, Management

BOSTON, March 27, 2024 (GLOBE NEWSWIRE) -- HqO, the world’s leading real estate experience platform, announced today the release of its 2024 “State of Real Estate Experience (REX)” report. Leveraging global data from close to 400,000 employees across nearly 200 organizations, this report brings focus to the challenges and opportunities in front of property owners, operators, occupiers and investors, all through the lens of real estate end-users. With proprietary customer sentiment and preference data, HqO’s State of REX provides a crucial roadmap to understanding and navigating the complex CRE terrain by highlighting key REX trends reshaping the CRE industry, the 2024 in-office must-haves, and an overview of the strategic approach businesses must adopt to succeed.

Key Points: 
  • 43% of global employees do not believe their workplace contributes to environmental sustainability.
  • 89% of global employees feel that when they are in the office, focused work at a desk is the most important activity they need their workplace to support.
  • While a staggering 80% of U.S. employees agree that the design of their workplace is important to them, a much lower 36% believe their workplace enables them to work productively.
  • Yet HqO data indicates that nearly half (43%) of employees do not believe that their workplace contributes to environmental sustainability.

Global Commercial Real Estate Brand SVN® Appoints New Healthcare Product Council Co-Chair

Retrieved on: 
Wednesday, March 27, 2024
FRICS, Acquisition, SVN, CCIM, CRE

Boston, MA, March 27, 2024 (GLOBE NEWSWIRE) -- SVN International Corp. (SVN), a global commercial real estate brand, is pleased to announce the appointment of John Klement as Co-Chair of the SVN Healthcare Product Council.

Key Points: 
  • Boston, MA, March 27, 2024 (GLOBE NEWSWIRE) -- SVN International Corp. (SVN), a global commercial real estate brand, is pleased to announce the appointment of John Klement as Co-Chair of the SVN Healthcare Product Council.
  • In his new role, John will work alongside Chair Catherine House, CRE, FRICS, CCIM and other council members to further enhance SVN's presence and expertise in the healthcare real estate sector.
  • "I am honored to join Chair Catherine House and the current members of the SVN Healthcare Product Council as Co-Chair," said Klement.
  • His extensive background in commercial appraisal, multifamily development & construction management, capital markets advisory, and investment sales makes him a valuable addition to the SVN Healthcare Product Council.

Altus Group Releases Q1 2024 CRE Industry Conditions & Sentiment Survey Findings

Retrieved on: 
Tuesday, March 26, 2024
Intelligence, Research, TSX, Altus Group, Sentiment, CRE, Environment

TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Altus Group Limited (ʺAltus” or “the Company”) (TSX: AIF), a leading provider of asset and fund intelligence for commercial real estate (“CRE”), today released the findings from its Q1 2024 CRE Industry Conditions & Sentiment Survey, a quarterly survey that collects insights on current market conditions and future expectations.

Key Points: 
  • TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Altus Group Limited (ʺAltus” or “the Company”) (TSX: AIF), a leading provider of asset and fund intelligence for commercial real estate (“CRE”), today released the findings from its Q1 2024 CRE Industry Conditions & Sentiment Survey, a quarterly survey that collects insights on current market conditions and future expectations.
  • The latest survey draws on feedback from nearly 470 seasoned CRE professionals representing over 120 firms in the U.S. and Canada from January 23 to February 9, 2024.
  • The Q1 2024 CRE Industry Conditions & Sentiment Survey highlights the participants’ perspectives on:
    Capital considerations: with cost and availability of capital stabilizing, near-term capital deployment moves into focus amongst U.S. respondents, surging from 7% in Q4 2023 to 25% in Q1 2024, while Canadian respondents remain focused on de-risking existing portfolios.
  • “The survey findings underscore the intricate relationship between the commercial real estate asset class and the macroeconomy and capital markets, which Altus’ portfolio analytics increasingly validate are impactful drivers of asset performance,” said Omar Eltorai, Director of Research at Altus Group.

KBRA Releases Research – Securitized Multifamily: Markets Can Matter for Maturities

Retrieved on: 
Monday, April 8, 2024
Professional Services, Finance, MSA, Research, CRE, Population growth, KBRA

The analysis ranks various supply and demand metrics to derive a score for each MSA to provide a relative assessment of the current risk environment, hereafter referred to as the “risk score”.

Key Points: 
  • The analysis ranks various supply and demand metrics to derive a score for each MSA to provide a relative assessment of the current risk environment, hereafter referred to as the “risk score”.
  • A higher risk score for an MSA indicates that relative to the other MSAs, it is weaker.
  • MSAs with the highest risk scores include Detroit, Chicago, and Denver, while Houston, San Diego, and Las Vegas rank at the lower end.
  • Securitized multifamily exposure to any one of the top 25 MSAs is relatively low and ranges between 1.1% and up to 8.6% for New York.

Redefining Risk Analysis: Moody's CRE Joins Forces with LandGate

Retrieved on: 
Tuesday, April 9, 2024
Wind, Carbon, Mineral, Congress, Risk assessment, Moody, Moody's Investors Service, Growth, Landgate, Risk management, CRE, Water

This collaboration will transform the renewable energy sector's approach to risk assessment, lending, and investing.

Key Points: 
  • This collaboration will transform the renewable energy sector's approach to risk assessment, lending, and investing.
  • Through its platform, LandGate is a robust resource for stakeholders to find and assess commercial real estate and energy opportunities.
  • We're excited about the significant leap we're making towards optimizing CRE investment strategies and risk management in the renewable energy sector alongside LandGate."
  • For more information on Moody's CRE capabilities and insights, please visit the Moody's CRE page.

Mohr Logistics Park Named 2024 "Commercial Development of the Year" CoStar Impact Award Winner

Retrieved on: 
Monday, April 8, 2024
CBRE, EV, Trade, Growth, Face, DHL, MSA, CoStar Group, Partnership, CRE, Acquisition, United, Town, HVAC, Hoosier, Heart, Indianapolis metropolitan area, MLP, Commercial property

WHITELAND, Ind., April 8, 2024 /PRNewswire/ -- Mohr Logistics Park (MLP) was named the 2024 "Commercial Development of the Year" CoStar Impact Award winner in the Indianapolis market. This year's winners of the CoStar Impact Awards — chosen for their growth, diversification, and ability to overcome unique challenges in their markets — were selected from a panel of more than 660 industry professionals drawn from each respective market.

Key Points: 
  • WHITELAND, Ind., April 8, 2024 /PRNewswire/ -- Mohr Logistics Park (MLP) was named the 2024 "Commercial Development of the Year" CoStar Impact Award winner in the Indianapolis market.
  • The master plan included eleven Class A structures, with varying sizes and specifications to meet growing logistics demands.
  • As Mohr Capital CEO and Indiana native Bob Mohr would say, Mohr Logistics Park is "Hoosier Owned and Hoosier Strong."
  • To learn more about the CoStar Impact Awards and review the full list of winners, visit www.CoStarImpactAwards.com/ .

Occupancy Analytics Firm Hosting Virtual Panel on Women’s Leadership in Real Estate Space Planning

Retrieved on: 
Monday, March 25, 2024
Growth, Learning, Entrepreneurship, Woman, Education, CRE, University, George Mason University, Work, Corporation, Management

BOSTON, March 25, 2024 (GLOBE NEWSWIRE) -- Occupancy analytics software company Lambent will host a virtual panel on the role of women in real estate space planning on March 28th.

Key Points: 
  • BOSTON, March 25, 2024 (GLOBE NEWSWIRE) -- Occupancy analytics software company Lambent will host a virtual panel on the role of women in real estate space planning on March 28th.
  • Titled Women Defining the Future of Space Planning, the event features women executives in both commercial business and higher education discussing the challenges and opportunities for women in the space planning profession.
  • Corporate and Higher Education Real Estate and Space Planning have a reputation for being an insider’s game, leaving leadership teams without the benefit of diversity and opportunity for growth.
  • This virtual panel discussion features five women defining the future of work and learning, through space planning.

Greystone Closes $425 Million Healthcare CLO

Retrieved on: 
Monday, March 18, 2024
CLO, Goldman Sachs, CRE, Corporate finance, Capital market, Bridge, Nursing, UBS, Freddie Mac, HUD, Fannie Mae, J.P. Morgan & Co., Property management

NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, today announced the closing on March 15, 2024 of Greystone CRE Notes 2024-HC3, a $425 million Commercial Real Estate Collateralized Loan Obligation (CRE CLO) backed exclusively by bridge loans provided by Greystone Monticello on healthcare-related properties.

Key Points: 
  • NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, today announced the closing on March 15, 2024 of Greystone CRE Notes 2024-HC3, a $425 million Commercial Real Estate Collateralized Loan Obligation (CRE CLO) backed exclusively by bridge loans provided by Greystone Monticello on healthcare-related properties.
  • Greystone CRE Notes 2024-HC3 marks Greystone’s sixth overall CRE CLO and the industry’s third-ever CRE CLO comprised solely of healthcare assets, particularly skilled nursing, assisted living, memory care, and independent living facilities, the first two being closed by Greystone in 2018 and 2021.
  • This latest collateral pool for Greystone CRE Notes 2024-HC3 comprises 13 whole loans and 9 participations totaling $397 million that Greystone originated, secured by mortgages on 51 properties in 19 states.
  • Greystone will invest the remaining $28 million of CRE CLO proceeds over the next 180 days into comparable mortgage loan assets.