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Q1 Commercial and Multifamily Mortgage Originations Remain Muted

Q1 Commercial and Multifamily Mortgage Originations Remain Muted

by Phil Hall | May 9, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

First quarter commercial and multifamily mortgage loan originations were essentially unchanged from one year earlier but were down 23% from the previous quarter, according to new data from the Mortgage Bankers Association (MBA). During the first quarter, there was a...
Society of Industrial and Office Realtors Elects 2024-2025 Officers

Society of Industrial and Office Realtors Elects 2024-2025 Officers

by Phil Hall | May 8, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Society of Industrial and Office Realtors (SIOR) has announced its 2024-2025 officers. SIOR’s current president-elect, Mike Ohmes, will assume the role of SIOR Global President this fall. Ohmes is the managing principal of the Minneapolis-St. Paul office of...
KKR and Marriott Partner in Japanese Lodging Endeavor

KKR and Marriott Partner in Japanese Lodging Endeavor

by Phil Hall | May 7, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate Investing, WRE News Exclusive

The global investment firm KKR has teamed with Marriott International Inc. (NASDAQ: MAR) in the launch of a new endeavor in the midscale hospitality space in Japan. The new partnership follows KKR’s acquisition of Unizo Hotel Company Limited and a portfolio of 14...
Pinstripes Taps Newmark for Master Broker Deal

Pinstripes Taps Newmark for Master Broker Deal

by Phil Hall | May 7, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The dining/entertainment venue operator Pinstripes Holdings Inc. (NYSE: PNST) has signed a new agreement with Newmark Group (NASDAQ:NMRK) for the company to act as Pinstripes’ exclusive Master Broker throughout the U.S. and overseas. The Newmark partnership will...
New Real Estate Investment Fund Aims at Car Wash Market

New Real Estate Investment Fund Aims at Car Wash Market

by Phil Hall | May 7, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The private equity real estate investment firm PPR Capital Management has teamed with retail business developer and operator Olympus Pines to launch the PPR Opportunity Fund, which will focus on creating new car wash enterprises in strategic, high-growth U.S. markets....
U.S. Real Estate Fencing Market Forecast to Reach $14.1 Billion by 2032

U.S. Real Estate Fencing Market Forecast to Reach $14.1 Billion by 2032

by Phil Hall | May 6, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The market for fencing around U.S. residential and commercial properties is projected to grow from $8.8 billion in 2023 to $14.1 billion by 2032, according to a new forecast from DataHorizzon. The anticipated growth will total a compound annual growth rate of 5.3%....
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