Richmond’s Real Estate Boom: Key Transactions and Market Insights

Explore the latest commercial real estate transactions in Richmond, including major sales and leases that are shaping the local economy. Discover why commercial real estate is becoming a stable investment choice amidst market volatility, and learn about the rehabilitation of historic buildings in Michigan. Plus, delve into Valley National Bank's strategic sale of $925M in real estate loans to Brookfield Asset Management. This episode offers a comprehensive look at the trends and strategies driving the commercial real estate sector today.

Sources:
https://richmondbizsense.com/2024/12/06/the-pipeline-commercial-real-estate-roundup-for-12-6-24/
https://www.wionews.com/business-economy/money-wise-is-commercial-real-estate-investment-offering-more-stability-to-investors-781803
https://www.clickondetroit.com/news/local/2024/12/05/rehabilitation-of-historic-building-will-bring-new-housing-commercial-space-to-macomb-county-with-12m-grant/
https://rebusinessonline.com/valley-national-bank-sells-925m-of-commercial-real-estate-loans-to-brookfield-asset-management/

Outline:
(00:00:00) Introduction
(00:00:42) The Pipeline: Commercial real estate roundup for 12.6.24
(00:04:07) Money-Wise: Is commercial real estate investment offering more stability to investors?
(00:07:51) Rehabilitation of historic building will bring new housing, commercial space to Macomb County with $1.2M grant
(00:11:25) Valley National Bank Sells $925M of Commercial Real Estate Loans to Brookfield Asset Management