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It's significantly changed and softened from the original version, but complexities could catch up CRE firms.
The financial and real estate industries have been lobbying fiercely against it.
That said, only 17% of law firms plan to expand their real estate portfolio significantly.
Advocacy groups for the multifamily industry view proposal unfavorably.
It's not only a useful product idea, attracting Brookfield as an early user, but an interesting way of getting it accepted.
Plan allows 3,900 new hotel rooms, 340K of retail, wider promenades.
Logistics giant projects rents to grow annually by 4% to 6% over next three years.
If the economy behaves 'broadly as expected,' lowering rates this year 'will likely be appropriate,' but uncertainty is still key.
Cumulus Data, 960 MW campus at Susquehanna power plant, sold for $650M.
Foreclosures deferred by COVID-related policies that temporarily reduced risk are now showing up.