Blackstone cut its values and one of its apartment loans went to special servicing. Meanwhile, fresh money arrived for apartments. A reset signal, or a market-clearing signal?
It’s almost impossible to spot trends reading the news as it unfolds. But when you look back at the prior week’s stories, patterns can start to emerge. Read this week’s Signal vs. Noise analysis for perspective on what the previous week’s news means for your organization and its investment activity.
The noise
Monday to Saturday brought 37 news emails carrying about 243 separate news items, 25 of them repeats from earlier weeks. Most of these stories carried the usual traffic of single property sales, appointments and wealth adviser mergers.
J.P. Morgan’s forecast of 8.1 percent returns for U.S. core real estate traveled widely this week. But it’s merely a forecast. While promising, like all predictions, a forecast can’t be taken as a sign
