CNBC: Real Estate Has Not Bottomed Yet, Predicts Fortress Investment Group Co-CEO
Drew McKnight, Fortress Investment Group co-CEO & managing partner, joins 'Fast Money' to talk the real estate and banking spaces and why he believes commercial real estate is still...
Oakland Office Market Navigates Through Challenges as Demand and Rent Decrease
The downtown Oakland office market has faced a series of challenges as it closed out the fourth quarter of 2023. Struggling with the implications of remote work, a challenging...
Sites Reservoir Initiative Gains Crucial $205MM Funding to Help Solve California’s Water Crisis
Colusa County, nestled in the Sacramento Valley, is a region known for its picturesque landscapes, agricultural prowess, and staunch political identity. However, amidst the rice farms and conservative politics,...
The Time to Invest in Real Estate Is Now, Advises Blackstone President Jon Gray
In a recent interview with Bloomberg, Jon Gray, the president and chief operating officer of the Blackstone Group, delivered a clear message to potential real estate investors: the market...
The Unbridgeable Gap: Rising Home Prices Outstrip Inflation in the U.S. At Twice The...
In the United States, the dream of homeownership is becoming increasingly out of reach for many Americans. The disparity between home price growth and inflation rates has widened significantly,...
2024 to Witness Record Life Science Completions as Traditional Office Construction Declines
REPUBLISHED WITH EXCLUSIVE PERMISSION FROM COMMERCIAL EDGE. THE ORIGINAL STORY CAN BE FOUND HERE.
By Evelyn Jozsa
Key Takeaways:
As of March 1, there was 81.4 million square feet of office space...
As Mortgage Rates Dip, Surging Listings Shape the Market
As the housing market continues to evolve, recent reports from Freddie Mac and Redfin reveal a complex landscape marked by decreasing mortgage rates and a significant surge in new...
Brookfield Sees The U.S. Office Market As the Most Oversupplied in the World
The US office market is a warning story about what happens when there's too much supply and insufficient demand, creating problems and opportunities for investors and developers. At the...
The New Commute: Employees Chose Longer Distances in the Remote Work Era
In the post-pandemic world, the concept of "commuting" is being redefined. A groundbreaking study spearheaded by researchers from Stanford University and the Mexico Autonomous Institute of Technology has illuminated...
Los Angeles Superior Court Sides with Developer on Builder’s Remedy Case
On March 4, 2024, the Los Angeles Superior Court issued a landmark decision addressing the denial of a Builder’s Remedy project by the City of La Cañada Flintridge, setting...