Canadian Pension Fund Exits Manhattan Office Sector with 90% Loss in Firesale Deal
The $437 billion Canadian pension plan recently sold its 45% stake in 10 East 53rd Street for $7M, a 90% loss from its 2012 purchase price o
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May 30
Imminent $239 Million Office Property Default Expected, This Time in Seattle
A $239 million loan by Martin Selig Real Estate, a major player in Seattle's property market, has been sent to a special servicer. The loan,
May 23
Washington DC Property Sells at Stunning 83% Discount to Assessed Value of $225.7 Million
Gallery Place, a prominent mixed-use development in Washington, D.C.'s Chinatown neighborhood, is set to be purchased for $39 million, repre
May 23
Phoenix's Westin Hotel Faces Foreclosure Just Two Years After Opening
Phoenix's Westin Hotel Faces Foreclosure Just Two Years After Opening
May 23
PIMCO's $3.9 Billion Office Acquisition Leads to $1.7 Billion Loan Default and $700 Million Haircut
PIMCO's $1.7 billion office loan tied to a 5.5 million sf portfolio across four U.S. cities defaulted in February 2023. The lenders, Goldman
May 21
Chicago Building Sells For 90% Discount From $27 Million Purchase Price 11 Years Ago
Chicago office real estate faces severe challenges. A 10-story building at 216 W. Jackson Blvd, bought for $22.3M in 2013, was recently sold
May 18
The Global Tremors From China’s Real Estate Crisis Are Only Just Starting
Chinese investors are selling real estate assets globally to raise cash amidst a deepening property crisis at home, potentially revealing th
May 10
Hines Global CIO Foresees Real Estate Investment Shift from 'Search for Beta to Search for Alpha'
David Steinbach, Global Chief Investment Officer and Co-Head of Investment Management at Hines shares his perspectives on the global real es
May 9
Everything’s a WeWork Now
This Wired article, written by Jennifer Conrad, essentially asks if WeWork failed why is everything a WeWork now. Despite WeWork's well-docu
May 9
How Brokers Pitch Office Listings as Potential Multifamily Conversions
This CoStar News article, authored by Katie Burke, highlights the ongoing challenges and creative solutions U.S. developers face in dealing
May 9
Canadian Investor Takes Shocking $176 Million Loss on San Francisco Office Building
Canadian pension funds are increasingly reassessing their foreign real estate investments following a series of unfavorable outcomes. A nota
May 7
Veteran Analysts Say The World's Biggest Private Equity Firm Could Be In Big Trouble
In this Business Insider article, investigative journalist Bethany McLean delves into the meteoric rise and potential pitfalls of Blackstone
May 6
Arnold Schwarzenegger Became A Millionaire From Real Estate Not Acting
Arnold Schwarzenegger became a millionaire from real estate investment, rather than from his acting career or bodybuilding achievements. By
May 3
French President Declares "Europe in Mortal Danger"
Emerging market investors are keeping a watchful eye on Europe's health. This continent, a critical source of $150 billion in annual remitta
May 3
IMF Chief Flags U.S. Rate Hikes as Major Threat to Emerging Markets
Kristalina Georgieva, the managing director of the International Monetary Fund, recently highlighted in an interview with CNBC the pronounce
May 3
Office-Loan Defaults Near Historic Levels With Billions on the Line
Defaults in the U.S. office market have surged to levels not seen since the aftermath of the 2008-2009 financial crisis, according to Peter
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Mar 6
Dr. David Lynn, Author of Top Emerging Market Real Estate Book, Shares Expert Insights [Exclusive Interview]
In this exclusive interview with Dr. David Lynn, a highly regarded author and real estate investment expert, Emerging Real Estate Digest exp
Mar 3
Apollo Chief Economist Throws Cold Water on Notion of Early FED Rate Cuts
Market expectations of swift Federal Reserve rate cuts might be premature according to Apollo's Torsten Slok. Citing data like surging GDP g
Feb 28
Canadian Pension Funds Reassess Global Real Estate Strategies
Canada's pension funds, holding a 10% to 15% real estate allocation compared to the global average of 5-8%, were early adopters of internati
Feb 26
Hero of El Salvador Rallies CPAC Audience to Stand Up to "Dark Forces" and "Globalism"
President Nayib Bukele's CPAC speech rallied against "dark forces" threatening democracy. His rise as an unconventional leader mirrors a shi
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