In order for a real estate transaction to close — whether it is a lease or a sale — a properly motivated buyer and seller must be present. By this I mean you need an owner ready to make the next deal and an occupant who’s kicked the tires and is prepared to sign. Ideally,
A three-story medical office building opened to patients in January 2023 across the street from Northwestern Medicine Central DuPage Hospital in Winfield. A bakery and cafe plans to move into the first floor. Brian Hill/bhill@dailyherald.com, January 2023 Winfield trustees have agreed to provide some financial incentive — up to $100,000 — for a bakery
for refinancing, and higher interest rates all signal trouble for the commercial real estate sector. getty Sharp reductions in value for office buildings have many waiting for a major collapse in commercial real estate, which in turn would damage city and state budgets and possibly threaten major bank failures. Thus far, borrowers and lenders have
Alvarez & Marsal Property Solutions Max Swerdloff Headshot Alvarez & Marsal Property Solutions Welcomes Max Swerdloff to its New York Office NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) — Alvarez & Marsal Property Solutions (AM-PS), a full-service commercial real estate advisory firm with offices in New York City and Chicago, is pleased to announce the
Given such a bleak domestic and external backdrop, the strong performance of China’s commercial real estate investment market is a remarkable feat. According to data from MSCI, transaction volumes last year reached US$37.5 billion, the highest in Asia and slightly more than in Japan, the region’s most popular market. While a significant portion of investment
Fellowship selection and success The Open Access fellowship program is available to candidates in all stages of their careers, from recent graduates to seasoned professionals. The program is also highly selective. For example, Lopez completed seven college internships in public policy, economics and commercial real estate. Thomas spent years working in finance, including a role
Alexandria City Hall (staff Photo by Jay Westcott) Alexandria experienced a 12.4%, or $736 million, drop in commercial property values this year, according to the city’s Office of Real Estate Assessments, and it could mean a reduction in city services. Alexandria’s real estate tax base grew by just .33% this year, about $200 million, for
Commercial real estate firm CBRE has secured a $35.25 million construction loan for Bella Olivia, a 112-unit build-to-rent community in Peoria. Bella Olivia will be located at 9625 W. Olive Ave. in the southwest part of the city. The property is currently under construction and will open this summer, according to a news release. Bruce
Diversifying one’s investment portfolio is a key strategy to manage risk and optimise returns. While one can think that the universe of investable asset classes available today is vast and offers a variety of options to investors, in essence, there are only two things on any diligent investor’s mind while evaluating a potential investment opportunity: