Monday Sep 02, 2024
Reviving Cabotville Mill, Arson Attacks in Lodi, San Francisco’s AI Boom, Commercial Real Estate Debt Crisis
A new plan to rehab Chicopee's troubled Cabotville mill with 600 apartments, retail, and commercial space. Crews battling a fourth-alarm fire at a Lodi warehouse. The surging office leases that tell the story of San Francisco's AI boom. The challenges of refinancing $1.5 trillion of commercial real estate debt next year. Stay informed with Simply C.R.E. as we cover these diverse and impactful stories.
Sources:
https://www.masslive.com/westernmass/2024/09/new-plan-to-rehab-chicopees-troubled-cabotville-mill-600-apartments-retail-commercial-space.html
https://www.cbsnews.com/sacramento/news/lodi-warehouse-fire/
https://sfstandard.com/2024/08/29/measuring-ai-growth-in-sf-through-office-space/
https://fortune.com/2024/09/01/commercial-real-estate-debt-1-5-trillion-due-by-refinancing-apartments-interest-rates/
Outline:
(00:00:00) Introduction
(00:00:41) New plan to rehab Chicopee’s troubled Cabotville mill: 600 apartments, retail, commercial space
(00:01:48) Crews battling fourth-alarm fire at Lodi warehouse
(00:04:26) How surging office leases tell the story of San Francisco's AI boom
(00:06:42) $1.5 trillion of commercial real estate debt is due next year, and refinancing won't be easy