Tag: Commercial
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Which Cities Are Driving Commercial Real Estate Demand?
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Driven by nearly $49 billion in funding for new technologies like generative AI over the past three years, the San Francisco Bay Area maintains its rank as the top city across the globe for both innovation and talent, according to JLL’s latest Innovative Geographies report. The research study states those investments were more than New…
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New report details how lean 2023 was for Seattle area's commercial real estate market
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Office sales volume was down by 76%. Source link
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New WeWork Suitor Emerges – Commercial Property Executive
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Potential bidders are eyeing WeWork and its footprint, which includes this 44,313-square-foot space at 250 East 200 South in Salt Lake City. Image courtesy of WeWork A home rental platform is the latest suitor to emerge in pursuit of WeWork. Rentberry said on Friday that it will unveil a proposal this week to acquire the…
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Bob Knakal Leaves JLL – Commercial Property Executive
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Bob Knakal, former Chairman of New York investment sales at JLL. Image courtesy of Cushman & Wakefield Bob Knakal, former Chairman of New York investment sales at JLL. Image courtesy of Cushman & Wakefield Bob Knakal, former Chairman of New York investment sales at JLL. Image courtesy of Cushman & Wakefield JLL has let go…
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Commercial real estate will be ‘a dull pain’ that continues in the system, says Richard LeFrak
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The LeFrak Organization CEO Richard LeFrak joins ‘Squawk Box’ to discuss the state of the commercial real estate market, the stressors facing the sector, and more. 07:12 Wed, Feb 14 20249:37 AM EST Source link
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NYCB reignites banking industry, commercial real estate fears
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The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Bing Guan | Bloomberg | Getty Images Embattled lender New York Community Bank disclosed a litany of financial metrics in the past 24 hours in a bid to soothe skittish investors. But one of the most crucial resources…
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RXR Realty CEO on commercial real estate risks
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email RXR Realty CEO Scott Rechler joins ‘Squawk on the Street’ to discuss why Rechler’s been so outspoken about troubles in the commercial real estate sector, if it’s too early to put capital to work in real estate, and more. Source link