Downtown St. Louis Struggles, Oklahoma City’s Thriving Real Estate Market, Ares Commercial Real Estate’s Growing Position

Downtown St. Louis hits commercial rock bottom, while the Oklahoma City metro area experiences a flurry of commercial real estate transactions. Ares Commercial Real Estate sees a significant boost in its position. Plus, the uncertain future of office buildings as more loans come due. Stay informed with Simply C.R.E. as we bring you the latest updates on the commercial real estate industry.

Sources:
https://therealdeal.com/national/2024/04/13/downtown-st-louis-hits-commercial-rock-bottom/
https://www.oklahoman.com/story/business/real-estate/2024/04/13/commercial-real-estate-transactions-from-across-the-oklahoma-city-area/73279872007/
https://www.defenseworld.net/2024/04/13/ares-commercial-real-estate-co-nyseacre-shares-bought-by-raymond-james-financial-services-advisors-inc.html
https://www.ctinsider.com/business/article/ct-office-foreclosure-stamford-hartford-milford-19394345.php

Outline:
(00:00:00) Introduction
(00:00:42) Downtown St. Louis Hits Commercial Rock Bottom
(00:03:10) Commercial real estate transactions from across the Oklahoma City metro area
(00:05:55) Ares Commercial Real Estate Co. (NYSE:ACRE) Shares Bought by Raymond James Financial Services Advisors Inc.
(00:08:37) As CT offices change hands, more loans coming under bank pressure to foreclose