NOT FOR REPRINT
Page Printed from: globest.com/markets/northeast/?page=6
Sign In To follow
Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
Everyone is concerned about high capital costs and economic uncertainty.
But transaction activity may take several quarters to bounce back.
The company is acquiring NYC real estate at "extraordinarily discounted prices."
Chair Jerome Powell seems to be trying to reset market expectations.
Office quality matters most in CBDs, while suburban markets prioritize value.
That majority lacks fully satisfactory ratings from regulators.
Multifamily demand is up 50% from last year.
Some 31% of builders continue to drop home prices.
Whether from increased traffic or charging revenue, EV chargers boost margins.
The portfolio includes a total of 18 buildings totalling 10 million square feet.