How CMBS Lenders Squeeze Borrowers in Forbearance Deals

The CMBS BBB bond market could incur losses up to 64% under a bearish scenario.

       

source https://feeds.feedblitz.com/~/643711708/0/globest/new-york~How-CMBS-Lenders-Squeeze-Borrowers-in-Forbearance-Deals/

HGI Sheds Interest in Amazon-Anchored Last-Mile Brooklyn Asset

BentallGreenOak acquired the asset on behalf of an institutional investor.

       

source https://feeds.feedblitz.com/~/643450524/0/globest/new-york~HGI-Sheds-Interest-in-AmazonAnchored-LastMile-Brooklyn-Asset/

Final Days to Nominate for Influencers in Retail

GlobeSt. Real Estate Forum is seeking impactful retail real estate professionals to feature within its May 2021 issue. Submit your nominations before the fast-approaching deadline of February 12!

       

source https://feeds.feedblitz.com/~/643389868/0/globest/new-york~Final-Days-to-Nominate-for-Influencers-in-Retail/

Manhattan Office Leasing rose 18.6% in January

Leasing volume was down 47% compared to January 2020 and well below the pre-pandemic average monthly volume in 2019.

       

source https://feeds.feedblitz.com/~/643387500/0/globest/new-york~Manhattan-Office-Leasing-rose-in-January/

Global CRE Investment Has Rebounded Dramatically

Although capital began to return to the market in the fourth quarter, global investment was down 26% for the year.

       

source https://feeds.feedblitz.com/~/643380958/0/globest/new-york~Global-CRE-Investment-Has-Rebounded-Dramatically/

Multifamily Drive NYC Transaction Volume in 2020

New York City had 1,251 commercial real estate transactions last year, and apartment accounted for 391.

       

source https://feeds.feedblitz.com/~/643315874/0/globest/new-york~Multifamily-Drive-NYC-Transaction-Volume-in/

PGIM Real Estate Expands US Value-Add Portfolio Team

Ola Hixon has been appointed to the newly-created position of executive director and assistant portfolio manager for the team.

       

source https://feeds.feedblitz.com/~/643266848/0/globest/new-york~PGIM-Real-Estate-Expands-US-ValueAdd-Portfolio-Team/

J.P. Morgan Chase Expands Agency and Off Balance Sheet Lending

J.P. Morgan Chase has appointed industry veteran, Vincent Toye as managing director, in effort to grow the firm’s business.

       

source https://feeds.feedblitz.com/~/643258058/0/globest/new-york~JP-Morgan-Chase-Expands-Agency-and-Off-Balance-Sheet-Lending/