Simply Commercial Real Estate

DC Office Building Sold for $95M, Crowdfunding Platform Expands, Mount Prospect Apartments on the Market

Quadrangle JV pays $95M for a prominent DC office asset. Small Change, the CRE crowdfunding platform, eyes expansion and adds partners. Three downtown Mount Prospect apartment buildings are now on the market, offering a unique investment opportunity.Sources:https://www.commercialsearch.com/news/quadrangle-jv-pays-95m-for-dc-office-asset/https://commercialobserver.com/2024/03/cre-crowdfunding-platform-small-change-expansion-adds-partners/https://www.dailyherald.com/20240325/business/three-downtown-mount-prospect-apartment-buildings-on-the-market/https://www.dailyherald.com/20240325/submitted-content/lee-associates-of-illinois-negotiates-a-new-industrial-warehouse-lease-for-bullfrog-international/Outline:(00:00:00) Introduction(00:00:40) Quadrangle JV Pays $95M for DC Office Asset(00:03:01) CRE Crowdfunding Platform Small Change Eyes Expansion, Adds Partners(00:05:18) Three downtown Mount Prospect apartment buildings on the market(00:07:54) Lee & Associates of Illinois negotiates a new industrial warehouse lease for Bullfrog International in Elgin

Commercial Properties Awaiting Development, Navigating New Dynamics, Kernersville Acquisition, Office-to-Residential Conversions

A look at five Lansing-area commercial properties awaiting development. Navigating the choppy waters of commercial real estate's new dynamics. Kernersville commercial real-estate tract sold for $3.55 million. Office-to-residential conversion challenges and trends in downtown resurgence.Sources:https://www.lansingstatejournal.com/story/news/local/2024/03/24/lansing-area-commercial-properties-for-sale-lease/72986576007/https://intpolicydigest.org/the-platform/navigating-the-choppy-waters-of-commercial-real-estate-s-new-dynamics/https://journalnow.com/news/local/business/real-estate/kernersville-commercial-real-estate-tract-sold-for-3-55-million/article_7b203714-e86d-11ee-bd04-b3c0f931aa56.htmlhttps://www.geekwire.com/2024/office-to-residential-conversion-is-a-trendy-idea-for-downtown-resurgence-but-has-big-challenges/Outline:(00:00:00) Introduction(00:00:42) That's still for sale? A look at five Lansing-area commercial properties awaiting development(00:03:47) Navigating the Choppy Waters of Commercial Real Estate's New Dynamics(00:05:51) Kernersville commercial real-estate tract sold for $3.55 million(00:07:44) Office-to-residential conversion is a trendy idea for downtown resurgence — but has big challenges

Tech Giant TikTok Expands Office Space in San Jose, NYC Commercial Properties Face Water Shut-Offs

Changes to San Jose's commercial real estate market as TikTok subleases additional office space. Water shut-off notices sent to NYC commercial properties over delinquent debts. Plus, the Space Force set to release its Commercial Space Strategy and commercial real estate trends in The Woodlands.Sources:https://www.ktvu.com/video/1428941https://www.cbsnews.com/newyork/video/water-shut-off-notices-sent-to-nyc-commercial-properties-over-delinquent-debts/https://www.airandspaceforces.com/vcso-commercial-space-strategy-next-month/https://communityimpact.com/houston/the-woodlands/real-estate/2024/03/21/see-commercial-real-estate-trends-in-the-woodlands-in-march/Outline:(00:00:00) Introduction(00:00:39) Changes to San Jose's commercial real estate market(00:01:59) Water shut-off notices sent to NYC commercial properties over delinquent debts(00:03:57) VCSO: Commercial Space Strategy Coming ‘Next Month’(00:07:09) See commercial real estate trends in The Woodlands in March

AI Drives Data Center REITs, Revitalization in Portland, and Growth in Commercial Real Estate Market

AI demand boosts data center REITs. Dozens of new apartments and commercial space open in Painter's Row, Portland. How debt funds are reshaping the CRE capital markets. Commercial real estate market set to grow globally. Join us as we explore these topics and provide valuable insights to our viewers.Sources:https://www.commercialsearch.com/news/ai-demand-boosts-data-center-reits/https://www.courier-journal.com/story/news/local/2024/03/20/painters-row-brings-new-apartments-commercial-space-to-parkland/73029715007/https://www.commercialsearch.com/news/how-debt-funds-are-reshaping-the-cre-capital-markets/https://www.prnewswire.com/news-releases/commercial-real-estate-market-size-is-set-to-grow-by-usd-384-46-bn-from-2024-2028-growing-commercial-sector-globally-boost-the-market--technavio-302093111.htmlOutline:(00:00:00) Introduction(00:00:38) AI Demand Boosts Data Center REITs(00:03:20) Dozens of new apartments, commercial space opens Painter's Row in Portland(00:05:10) How Debt Funds Are Reshaping the CRE Capital Markets(00:08:05) Commercial Real Estate Market size is set to grow by USD 384.46 bn from 2024-2028,Growing commercial sector globally boost the market- Technavio

CBRE Dominates Commercial Property Sales, North Marin Office Market Shifts, Chicago Voters Reject Transfer Tax

CBRE leads Australia's commercial property sales, while the office real estate market in North Marin experiences changes. Chicago voters reject a new real estate transfer tax. Stay informed about these significant developments in the commercial real estate industry.Sources:https://eliteagent.com/cbre-leads-australias-commercial-property-sales/https://www.northbaybusinessjournal.com/article/industrynews/north-marin-county-office-real-estate-adapts-to-changing-employer-needs/https://theedgemalaysia.com/node/705284https://www.bisnow.com/chicago/news/commercial-real-estate/chicago-election-story-123411Outline:(00:00:00) Introduction(00:00:39) CBRE leads Australia’s commercial property sales(00:02:50) North Marin real estate market weathers less demand for office space(00:05:14) BofA’s CEO says commercial real estate will be ‘slow burn’(00:07:58) Chicago Voters Appear To Reject New Real Estate Transfer Tax, CRE Breathes A Sigh Of Relief

Revitalizing Market Street East, Controversy over Stamford Development, India’s Green Real Estate Surge, and Empowering Women in Commercial Real Estate

How Philly's Market Street East is at a critical juncture. Controversy over the transformation of office parks in Stamford. India's commercial real estate goes green. Empowering women in commercial real estate. Stay informed on these important topics with Simply C.R.E.Sources:https://www.inquirer.com/real-estate/commercial/market-street-east-struggling-sixers-arena-20240318.htmlhttps://ctexaminer.com/2024/03/18/long-ridge-road-properties-slated-for-862-apartments-nearly-30000-sf-of-commercial-space/https://www.republicworld.com/business/real-estate/india-s-commercial-real-estate-goes-green-surges-to-61-penetration-in-q4-2023https://afro.com/women-commercial-real-estate-crew-baltimore/Outline:(00:00:00) Introduction(00:00:51) How Philly’s Market Street East became a ‘dead space between cool places’(00:04:16) Long Ridge Road Properties Slated for 862 Apartments, Nearly 30,000 SF of Commercial Space(00:07:10) India's commercial real estate goes green, surges to 61% penetration in Q4 2023- Republic World(00:10:01) Empowering Women in Commercial Real Estate: The Role of CREWBaltimore in Driving Change and Your Opportunity for Growth”

Machines Revolutionize Commercial Real Estate, Record Sale in Fort Myers

The future of commercial real estate valuation could be shaped by machines. Discover how automated valuation models (AVMs) are revolutionizing the industry. Plus, a Fort Myers office park sells for a record-breaking $92 million, making it the largest industrial sale in the region's history.Sources:https://propmodo.com/the-future-of-commercial-real-estate-valuation-could-be-shaped-by-machines/https://www.businessobserverfl.com/news/2024/mar/15/92-million-for-fort-myers-office-park/https://www.commercialcafe.com/blog/the-siegel-group-buys-downtown-las-vegas-retail-space-fremont-street/https://qz.com/china-retail-industrial-data-economy-real-estate-1851343586Outline:(00:00:00) Introduction(00:00:40) The Future of Commercial Real Estate Valuation Could Be Shaped by Machines(00:04:07) Fort Myers office park sells for record 'shattering' $92 million(00:06:52) The Siegel Group Acquires Historic Downtown Las Vegas Retail Property(00:09:06) China’s new retail and industrial data beat expectations — but signs still point to trouble ahead

The Rise of Automated Valuation Models in Commercial Real Estate

Discover how automated valuation models (AVMs) are revolutionizing the commercial real estate industry. This article explores the benefits and limitations of AVMs in commercial real estate, offering valuable insights for investors and industry professionals alike.Sources:https://propmodo.com/the-future-of-commercial-real-estate-valuation-could-be-shaped-by-machines/https://www.marketbeat.com/instant-alerts/nyse-acre-consensus-analyst-rating-2024-03-16/https://propmodo.com/the-future-of-commercial-real-estate-valuation-could-be-shaped-by-machines/https://www.forbes.com/sites/jamesnelson/2024/03/16/analyze-the-right-data-for-your-real-estate-investment/Outline:(00:00:00) Introduction(00:00:42) The Future of Commercial Real Estate Valuation Could Be Shaped by Machines(00:03:54) Ares Commercial Real Estate Co. (NYSE:ACRE) Receives Average Rating of "Reduce" from Analysts(00:08:16) The Future of Commercial Real Estate Valuation Could Be Shaped by Machines(00:11:35) Analyze The Right Data For Your Real Estate Investment

Positive Trend for F&C Commercial Property Trust, Massachusetts Launches Office-to-Housing Program

F&C Commercial Property Trust's share price passes above its 200-day moving average. Massachusetts launches a program to convert office buildings into housing. Plus, Ares Commercial Real Estate receives a "Reduce" rating from brokerages.Sources:https://www.defenseworld.net/2024/03/16/fc-commercial-property-trust-lonfcpt-share-price-passes-above-200-day-moving-average-of-121-20-2.htmlhttps://www.wgbh.org/news/housing/2024-03-15/massachusetts-launches-program-to-help-turn-office-buildings-into-housinghttps://www.defenseworld.net/2024/03/16/fc-commercial-property-trust-lonfcpt-share-price-passes-above-200-day-moving-average-of-121-20-2.htmlhttps://www.defenseworld.net/2024/03/16/ares-commercial-real-estate-co-nyseacre-given-average-rating-of-reduce-by-brokerages.htmlOutline:(00:00:00) Introduction(00:00:43) F&C Commercial Property Trust (LON:FCPT) Share Price Passes Above 200 Day Moving Average of $121.20(00:02:39) Massachusetts launches program to help turn office buildings into housing(00:05:10) F&C Commercial Property Trust (LON:FCPT) Share Price Passes Above 200 Day Moving Average of $121.20(00:07:11) Ares Commercial Real Estate Co. (NYSE:ACRE) Given Average Rating of “Reduce” by Brokerages

GSAM Reenters US Real Estate, Layoffs Impact Women in Commercial Real Estate

GS Asset Management makes a bold move by reentering the US commercial real estate market, citing buying opportunities. Meanwhile, concerns arise about the disproportionate impact of layoffs on women in the industry. Stay informed about GSAM's strategic decision and the implications for the commercial real estate sector, as well as the challenges faced by women in the industry.Sources:https://www.forexlive.com/news/gs-asset-management-re-enters-us-commercial-real-estate-citing-buying-opportunities-20240313/https://www.biv.com/news/real-estate/layoffs-in-commercial-real-estate-could-disproportionately-impact-women-8437903https://seekingalpha.com/article/4678097-ares-commercial-real-estate-the-safest-dividend-is-the-one-thats-just-been-cut-upgradehttps://seekingalpha.com/article/4678097-ares-commercial-real-estate-the-safest-dividend-is-the-one-thats-just-been-cut-upgradeOutline:(00:00:00) Introduction(00:00:43) GS Asset Management re-enters US commercial real estate, citing buying opportunities(00:02:04) B.C. commercial real estate layoffs may disproportionately impact women(00:05:02) Ares Commercial Real Estate: The Safest Dividend Is The One That's Just Been Cut (ACRE)(00:09:20) Ares Commercial Real Estate: The Safest Dividend Is The One That's Just Been Cut (ACRE)