Sunday Aug 11, 2024
Investment Advisers Boost Stock Holdings, Portland Office Complex Sold at Fraction of Previous Price
Cetera Investment Advisers increase their position in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI). Montgomery Park office complex in NW Portland sells for a fraction of its previous sale price. Plus, New York City's commercial real estate market experiences a dichotomy, and Newmark secures $300M for a healthcare real estate joint venture.
Sources:
https://www.defenseworld.net/2024/08/10/cetera-investment-advisers-boosts-stock-holdings-in-apollo-commercial-real-estate-finance-inc-nyseari.html
https://www.oregonlive.com/business/2024/08/montgomery-park-office-complex-in-nw-portland-sells-for-fraction-of-previous-sale-price.html
https://www.newsday.com/news/new-york/commercial-real-estate-new-york-state-comptroller-report-mgnxag51
https://www.law360.com/real-estate-authority/articles/1867982/newmark-secures-300m-for-healthcare-real-estate-jv
Outline:
(00:00:00) Introduction
(00:00:47) Cetera Investment Advisers Boosts Stock Holdings in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)
(00:02:24) Montgomery Park office complex in NW Portland sells for fraction of previous sale price
(00:05:07) City's commercial real estate goes up in value but office vacancy rate nearly 40%, report says
(00:08:16) Newmark Secures $300M For Healthcare Real Estate JV - Law360 Real Estate Authority