Simply Commercial Real Estate

Charlotte Industrial Asset Acquired for $97M, NYC Office Buildings Transforming into Residential Units

LM Real Estate Partners purchases a 1.4 million-square-foot facility in Charlotte for $97 million. Meanwhile, 64 office buildings in NYC are considering conversion into housing units. Stay updated on the latest developments in the commercial real estate market with Simply C.R.E.Sources:https://www.commercialsearch.com/news/lm-real-estate-pays-97m-for-charlotte-industrial-asset/https://wv8l1anew5.preview-postedstuff.com/V2-eosv-ZUQhd-vPqM-ZBeCc/https://nypost.com/2024/05/24/real-estate/64-nyc-office-buildings-are-looking-to-tranform-into-housing/https://www.bizjournals.com/houston/news/2024/05/24/partners-real-estate-headquarters-move-galleria.htmlOutline:(00:00:00) Introduction(00:00:43) LM Real Estate Pays $97M for Charlotte Industrial Asset(00:03:19) 64 NYC office buildings are looking to tranform into residential units(00:06:56) Partners Real Estate to move headquarters within Galleria area

Palantir Secures Prime NYC Lease, CRE Braces for Cicada Invasion, Revolve ATX Redefines Modern Living, Stream Opens Uptown Dallas Tower

Palantir Technologies secures a lease at 620 Avenue of the Americas. Commercial real estate prepares for the swarming of cicadas. Revolve ATX offers a live-work-play environment in Austin. Stream Realty Partners opens a stunning office tower in Uptown Dallas.Sources:https://www.commercialcafe.com/blog/palantir-secures-lease-620-avenue-of-the-americas/https://www.bisnow.com/national/news/commercial-real-estate/a-nuisance-that-can-be-the-stuff-of-nightmares-cre-braces-for-swarming-of-cicadas-124421https://www.bizjournals.com/austin/news/2024/05/22/multifamily-project-austin-crea-awards.htmlhttps://www.commercialsearch.com/news/stream-opens-uptown-dallas-office-tower/Outline:(00:00:00) Introduction(00:00:41) Palantir Secures Lease for 140,345 Square Feet at 620 Avenue of the Americas(00:02:48) A Nuisance That Can Be 'The Stuff Of Nightmares': CRE Braces For The Swarming Of Cicadas(00:04:57) Revolve ATX provides multifamily living near Austin's best amenities(00:08:07) Stream Opens Uptown Dallas Office Tower

US Banks Assess Risk Amid Commercial Real Estate Challenges, Tax Break for Central Florida Renters

U.S. banks evaluate their exposure to commercial real estate as delinquent loans triple. Central Florida commercial property renters will soon receive a tax break. Stay informed about the implications for the banking sector and the potential benefits for businesses and tenants.Sources:https://www.keatax.com/u-s-banks-and-their-exposure-to-commercial-real-estate/https://www.bizjournals.com/austin/news/2024/05/23/2024-austin-commerical-real-estate-awards.htmlhttps://www.bizjournals.com/austin/news/2024/05/23/2024-austin-commerical-real-estate-awards.htmlhttps://mynews13.com/fl/orlando/news/2024/05/22/central-florida-rental-commercial-property-owners-will-soon-get-a-tax-break-Outline:(00:00:00) Introduction(00:00:40) The Austin area's best new buildings(00:01:21) The Austin area's best new buildings(00:03:08) Central Florida commercial property renters will soon get a tax break

Commercial Property Market Trends: Downturn in Australia, EV Charging for Real Estate, Innovative Financing Solutions

The commercial property market in Australia experiences a significant downturn in capital growth, while Hypercharge announces EV charging for Cressey Development Group's commercial real estate development. SAP Fioneer and Deutsche Pfandbriefbank launch an innovative solution for commercial real estate financing. Stay updated on the latest trends and developments in the commercial real estate industry.Sources:https://eliteagent.com/commercial-property-capital-growth-slides/https://www.marketscreener.com/quote/stock/HYPERCHARGE-NETWORKS-CORP-146900648/news/Hypercharge-Announces-EV-Charging-for-Cressey-Development-Group-Commercial-Real-Estate-Development-46783699/https://www.defenseworld.net/2024/05/22/financial-review-hg-otcmktsstly-ares-commercial-real-estate-nyseacre.htmlhttps://fintechnews.ch/proptech/sap-fioneer-and-deutsche-pfandbriefbank-launch-solution-for-commercial-real-estate-financing/70778/Outline:(00:00:00) Introduction(00:00:42) Commercial property capital growth slides(00:02:42) Hypercharge Announces EV Charging for Cressey Development Group Commercial Real Estate Development(00:06:15) Financial Review: HG (OTCMKTS:STLY) & Ares Commercial Real Estate (NYSE:ACRE)(00:08:52) SAP Fioneer and Deutsche Pfandbriefbank Launch Solution for Commercial Real Estate Financing - Fintech Schweiz Digital Finance News

Fractional Ownership: A New Way to Invest in Real Estate, Ballard Building Sells Below Value

Discover the benefits of fractional ownership in real estate and learn about a vintage mixed-use building in Ballard that sold for 30% below its assessed value. Plus, a local developer considers a residential conversion project in Dallas and FI Real Estate Management selects Yardi's asset management platform.Sources:https://business.outlookindia.com/real-estate/fractional-ownership-of-real-estate-is-it-possible-things-to-keep-in-mind-before-investinghttps://www.bizjournals.com/seattle/news/2024/05/20/seattle-building-trades-well-below-assessed-value.htmlhttps://www.dallasnews.com/business/real-estate/2024/05/20/local-developer-weighs-residential-conversion-for-lbj-office-buildings/https://www.prnewswire.co.uk/news-releases/fi-real-estate-management-selects-yardis-end-to-end-asset-management-platform-302150425.htmlOutline:(00:00:00) Introduction(00:00:48) Vintage mixed-use building in Ballard sells for 30% below assessed value(00:01:31) Local developer weighs residential conversion for LBJ office buildings(00:04:35) FI Real Estate Management Selects Yardi's End-to-End Asset Management Platform

Booming Real Estate Market in Southwest Florida, Delhi-Meerut RRTS Stations Up for Bids

Get the latest updates on significant property transactions in Southwest Florida and the upcoming commercial space opportunities at Delhi-Meerut RRTS stations. Plus, the UK commercial property investment market shows signs of recovery, and the ongoing legal battle over commercial space in Billings. Stay informed about the trends and opportunities in the real estate industry with Simply C.R.E.Sources:https://www.businessobserverfl.com/news/2024/may/20/commercial-real-estate-transactions/https://www.pilotonline.com/2024/05/20/public-records-for-the-week-of-may-20-3/https://economictimes.indiatimes.com/industry/transportation/railways/want-a-commercial-space-in-delhi-meerut-rrts-stations-ncrtc-is-asking-for-bids/articleshow/110260209.cmshttps://www.wealthbriefing.com/html/article.php/Slowly-But-Surely%3A-UK-Commercial-Property-Investment-Market-Recovers-Outline:(00:00:00) Introduction(00:00:45) The week's top commercial real estate transactions in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas, Polk, Sarasota(00:03:52) Public records for the week of May 20(00:06:28) Want a commercial space in Delhi-Meerut RRTS stations? NCRTC is asking for bids(00:09:22) Slowly But Surely: UK Commercial Property Investment Market Recovers

Fluctuating Values in Commercial Real Estate, Success of Sunseeker Resort, and Warning from US Fed

Explore the variance in commercial real estate values, from the struggles of Burnett Plaza to the success of Sunseeker Resort. Learn about the warning from the US Fed regarding rising delinquency rates in commercial real estate and consumer loans. Gain valuable insights into the challenges and opportunities in the commercial real estate market.Sources:https://www.rebellionresearch.com/burnett-plaza-sale-and-the-variance-commercial-real-estate-valueshttps://www.businessobserverfl.com/news/2024/may/12/tampa-apartment-owner-waterfront-complex/https://www.malaymail.com/news/money/2024/05/11/us-fed-warns-of-rising-commercial-real-estate-delinquency-rates/133712https://www.defenseworld.net/2024/05/12/ares-commercial-real-estate-nyseacre-price-target-cut-to-7-00-by-analysts-at-keefe-bruyette-woods.htmlOutline:(00:00:00) Introduction(00:00:38) Burnett Plaza Sale And The Variance of Commercial Real Estate Values(00:03:49) Tampa apartment owner pays $134 million for waterfront complex(00:04:25) US Fed warns of rising commercial real estate delinquency rates(00:06:37) Ares Commercial Real Estate (NYSE:ACRE) Price Target Cut to $7.00 by Analysts at Keefe, Bruyette & Woods

US Fed Warns of Rising Delinquency Rates, China’s Real Estate Slump Boosts South Korea’s Market

The US Federal Reserve warns of rising delinquency rates in commercial real estate and consumer loans. Meanwhile, China's real estate slump presents an opportunity for South Korea's commercial property market. Stay informed about the potential risks and opportunities in the global real estate industry.Sources:https://www.malaymail.com/news/money/2024/05/11/us-fed-warns-of-rising-commercial-real-estate-delinquency-rates/133712https://www.chosun.com/english/industry-en/2024/05/10/7QMGMJIGAJCPXKPVVEXZD6RW5Q/https://www.ocregister.com/2024/05/11/what-the-southeast-teaches-us-about-commercial-real-estate/https://www.bizjournals.com/kansascity/news/2024/05/11/block-oakwood-country-club-golf-cottages-villas.htmlOutline:(00:00:00) Introduction(00:00:42) US Fed warns of rising commercial real estate delinquency rates(00:03:05) Bloomberg “China’s real estate slump to boost South Korea’s commercial property market”(00:05:24) What the Southeast teaches us about commercial real estate(00:08:30) Block nears opening of par-3 golf course at Oakwood Country Club

Philadelphia CRE Firm Hacked, Rising Delinquency Rates, Houston’s First Mass Timber Office Building

Brandywine Realty Trust falls victim to a cybersecurity hack, raising concerns about cyberattacks in the real estate industry. The US Fed warns of rising delinquency rates in commercial real estate and consumer loans. Howard Hughes breaks ground on Houston's first mass timber office building, showcasing sustainable development in the real estate industry.Sources:https://www.bisnow.com/philadelphia/news/commercial-real-estate/brandywine-breached-philly-cre-firm-falls-victim-to-cybersecurity-hack-124222https://www.malaymail.com/news/money/2024/05/11/us-fed-warns-of-rising-commercial-real-estate-delinquency-rates/133712https://www.bizjournals.com/houston/news/2024/05/10/bridgeland-mass-timber-office-groundbreaking.htmlhttps://www.malaymail.com/news/money/2024/05/11/us-fed-warns-of-rising-commercial-real-estate-delinquency-rates/133712Outline:(00:00:00) Introduction(00:00:40) Brandywine Breached: Philly CRE Firm Falls Victim To Cybersecurity Hack(00:04:03) US Fed warns of rising commercial real estate delinquency rates(00:06:50) Howard Hughes breaks ground on Houston's first mass timber office building in Bridgeland(00:08:01) US Fed warns of rising commercial real estate delinquency rates

China’s Real Estate Slump Boosts South Korea’s Commercial Property Market, Stagnant Borrowing in Q1 2024

China's real estate slump presents an opportunity for South Korea's commercial property market. Meanwhile, commercial and multifamily borrowing remains unchanged in the first quarter of 2024. Also, Ares Commercial Real Estate Corporation reports its first-quarter 2024 results. Plus, a comprehensive analysis of the growing trends and demands in the commercial real estate due diligence market.Sources:https://www.chosun.com/english/industry-en/2024/05/10/7QMGMJIGAJCPXKPVVEXZD6RW5Q/https://www.mba.org/news-and-research/newsroom/news/2024/05/09/commercial-multifamily-borrowing-unchanged-in-the-first-quarter-of-2024https://www.wallstreet-online.de/nachricht/18078117-ares-commercial-real-estate-corporation-reports-first-quarter-2024-resultshttps://www.openpr.com/news/3491232/commercial-real-estate-due-diligence-market-growing-trendsOutline:(00:00:00) Introduction(00:00:44) Bloomberg “China’s real estate slump to boost South Korea’s commercial property market”(00:03:42) Commercial/Multifamily Borrowing Unchanged in the First Quarter of 2024(00:07:28) Ares Commercial Real Estate Corporation Reports First Quarter 2024 Results(00:10:51) Commercial Real Estate Due Diligence Market Growing Trends and Demands Analysis Forecast 2024 to 2032 | CBRE, JLL, Cushman & Wakefield