First look at Q4 2016
Fourth quarter 2016 was a better time for fundraising than fourth quarter 2015, but no one would call it spectacular. Capital raised by funds closing in fourth quarter 2016 came in a bit ahead of the same time period in 2015.
Fourth quarter 2016 was a better time for fundraising than fourth quarter 2015, but no one would call it spectacular. Capital raised by funds closing in fourth quarter 2016 came in a bit ahead of the same time period in 2015.
The real estate market cycle, whether in expansion or contraction, has a huge impact on the performance of funds launched in any given year. Some believe the current real estate market cycle is going to enter a challenging period for the performance of closed-end funds, especially those with value-add/opportunistic strategies.
The United Kingdom’s vote in June 2016 to leave the European Union has the potential to redefine the pecking order of global cities, as London seeks to maintain its dominant position while the country negotiates its divorce settlement with the rest of the continent.
Space utilization densification, technological advances and demographic changes are creating headwinds in the path of office space demand. Certain metro areas, however, have advantages that may transcend those challenges.
Nine years after the global financial crisis, concerns have resurfaced over whether the next global recession is due. We take a closer look here at three major regions/countries — the United States, Europe and China — to identify risk factors that could precipitate another global recession.
Real estate crowdfunding has emerged as a fast-growing segment of the global crowdfunding market. Although still rather small in scale, real estate crowdfunding has the potential to transform how commercial real estate is capitalized.
Foreign investors continue to name the Big Apple as their favorite real estate investment destination. New York City is in its seventh year as the No. 1 U.S. city for real estate investment among foreign investors.
Four years ago, the board of Institutional Real Estate, Inc. made a strategic decision to branch out to serve a broader market — the professionals advising the individual investor marketplace. The board’s solution was to launch a new publication titled Real Assets Adviser — a publication edited exclusively to meet the educational and information needs of today’s professional financial adviser.
Autonomous vehicles are one of several mega-disruptive technologies “everyone knows” will have a significant impact on real estate going forward. And “everyone knows” if investors do not factor the future impacts of autonomous vehicles into their underwriting, they are doomed to failure. But what if the inevitable triumph of autonomous vehicles does not happen?
Japan-based investors have been acquiring properties across the United States, with recent purchases in San Francisco and Atlanta, demonstrating the United States has continued to be attractive to foreign investors.
National home prices have climbed back to the 2006 peak achieved prior to the global financial crisis and the single-family housing market crash, according to the most recent data from the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.
The U.S. CMBS delinquency rate moved sharply higher in December 2016, according to Trepp. The delinquency rate for U.S. commercial real estate loans in CMBS is now 5.23 percent.
The U.S. office sector is poised for a moderate slowdown in 2017, due to a combination of softer tenant demand and an increase in new supply, according to CBRE Research.
A fund advised by CBRE Global Investors has acquired Liberty Center, a 27-story, 529,289-square-foot, class A office building located in the Pittsburgh CBD. Trophy properties in downtown Pittsburgh have attracted much investor interest.
The U.S. multifamily market remained healthy, with robust demand levels and investment pace during third quarter 2016, according to CBRE Research, though signs of moderation are becoming apparent.