2+ day, 18+ min ago   (249+ words) Shoutout to our sponsor, WareSpace — turning underused industrial, flex, office, and big-box properties into micro warehouse space for small businesses. Guest: Anthony Scavo, President and Managing Partner, Basis Industrial Basis argues small bay industrial is safer than multifamily right now....

4+ day, 8+ hour ago   (564+ words) August payroll growth changed the rate conversation. The US added 162K jobs, almost triple the 56K estimate cited by Bisnow. June and July were revised upward by a combined 55K jobs, while unemployment held at 4.1%. Sam Williamson said the report increases the chance…...

5+ day, 7+ hour ago   (400+ words) Blue Owl Capital is considering a publicly traded data center REIT. The vehicle would begin with about $6.5B of the firm’s own assets, according to Bloomberg’s report on the proposed vehicle. Blue Owl could raise additional money through an IPO and…...

6+ day, 34+ min ago   (613+ words) The CMBS market has split into two lending channels as office properties stabilize post-pandemic. Single-asset, single-borrower (SASB) deals finance one large loan for one borrower or related exposure. Conduit deals pool many smaller loans from multiple sponsors. That difference increasingly…...

1+ week, 23+ hour ago   (589+ words) Multifamily debt has a broader geographic search radius than many other property types. Tom Hester, managing director at StepStone, said lenders may evaluate the 50 largest metropolitan statistical areas for apartments. For retail, office, hotel, or industrial deals, they may focus…...

1+ week, 3+ day ago   (414+ words) CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter…...

1+ week, 4+ day ago   (628+ words) CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter…...

1+ week, 5+ day ago   (656+ words) CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter…...

1+ week, 5+ day ago   (421+ words) Federal banking regulators are narrowing how examiners define unsafe or unsound practices, reports Globe St. The change could reduce compliance burdens and give banks more room to direct resources toward CRE lending. It also reduces regulatory emphasis on some governance,…...

1+ week, 5+ day ago   (332+ words) Velocity Financial is making a major expansion into residential investment lending through its planned acquisition of Toorak Capital’s operating platform, as per Globe St. The platform and related portfolio transactions were valued at an estimated $3.2B as of June 30. The deal…...