Major Moves in Real Estate: HomeStreet’s Sale and Discount Tire’s Expansion

Explore the latest shifts in the commercial real estate market as HomeStreet Bank sells $900 million in loans to Bank of America, aiming for profitability. Meanwhile, Discount Tire expands its footprint by acquiring a Phoenix office campus. Discover the strategic maneuvers and market trends shaping the future of real estate investments.

Sources:
https://www.bankingexchange.com/news-feed/item/10193-homestreet-bank-s-commercial-real-estate-sale-to-bank-of-america
https://www.commercialsearch.com/news/discount-tire-buys-phoenix-office-campus/
https://www.hindustantimes.com/real-estate/mumbai-real-estate-wework-india-leases-1-26-lakh-sq-ft-of-commercial-space-in-powai-for-rs-1-38-crore-monthly-rent-101735537588442.html
https://www.commercialsearch.com/news/bridge-industrial-makes-64m-purchase-in-seattle/

Outline:
(00:00:00) Introduction
(00:00:39) HomeStreet Bank’s Commercial Real Estate Sale to Bank of America
(00:03:53) Discount Tire Buys Phoenix Office Campus
(00:07:19) Mumbai real estate: WeWork India leases 1.26 lakh sq ft of commercial space in Powai for ₹1.38 crore monthly rent
(00:10:20) Bridge Industrial Makes $64M Purchase in Seattle