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The move represents first time the threshold has been raised since 2014.
At least another 5%-10% decline on average is reasonable, according to industry conversations.
Some wonder if a transaction would be a smart move for the acquirer.
The Philadelphia-area industrial portfolio traded for $194.5 million with an 80% IRR.
GPT-4 to mount legal defense, says "of course I ate the Internet."
Amazon Web Services also is building $35B in new data center capacity in Virginia.
The growth of smart buildings and smart cities increases prospects for this product category.
Voters approved Measure H rent-control initiative in November.
However, the untested banks are the ones that much of CRE depends on.
Investment management firms and private equity are picking up the assets, but no word of what will happen in the future.