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The fund, currently at an estimated $2 billion, uses a strategy that follows demographics, not property types.
It may be that things will be good for a time, but possibly not for that long.
While not the most common form of CRE financing, this backing of riskier projects could be the start of a default wave.
GNL plans on a multi-factor strategy for 2024 and hopes the second half of the year brings better interest rates for 2025.
With single-family rents increasing and home deliveries at pre-pandemic levels, developers are in prime position.
It's at the highest level since July 2023.
Consumers are still holding the economy up, yet higher borrowing costs are weighing on business activity.
Tech giant will build 100 new data hubs, expand capacity at 66 existing data centers.
Speedway's 6.6M SF Inland Empire project, 2.5M SF Tacoma hub land construction loans.
Shorenstein defaulted on $350M loan backed by Garment District office tower.