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Farm Sector Debt Linked to Real Estate Set to Reach New High

Farm Sector Debt Linked to Real Estate Set to Reach New High

by Phil Hall | May 2, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Farm sector debt tied to real estate is expected to be at a record high of $375.9 billion this year, according to data from the U.S. Department of Agriculture’s (USDA) Economic Research Service. The new data report noted that farm sector real estate debt has on the...
Toronto’s Starlight Investments Enters UK Build to Rent Market

Toronto’s Starlight Investments Enters UK Build to Rent Market

by Phil Hall | May 2, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Toronto-based Starlight Investments has launched a European residential asset management platform through of a collaboration with multiple global institutional partners that is focused on the U.K. Build to Rent (BTR) market. This new endeavor is Starlight’s...
UC Asset LP Completes Acquisition Stake in Oklahoma Cannabis Property

UC Asset LP Completes Acquisition Stake in Oklahoma Cannabis Property

by Phil Hall | May 2, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

UC Asset LP (OTCQB: UCASU), an Atlanta-based real estate investment firm, has closed its acquisition of 50% ownership of a $3 million cannabis property in Edmond, Oklahoma. The acquired property encompasses 15,000 square feet of cannabis cultivation area with...
Charlie Munger Warns Banks: ‘A Lot of Real Estate Isn’t So Good Anymore’

Charlie Munger Warns Banks: ‘A Lot of Real Estate Isn’t So Good Anymore’

by Phil Hall | May 1, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Berkshire Hathaway Vice Chairman Charlie Munger is raising multiple red flags over the state of U.S. banking, warning that financial institutions are “full of” what he said claimed are “bad loans” from the commercial real estate sector. In an interview this weekend...
Study: One-Third of Office Space in 14 North American Cities Could Be Made Into Housing

Study: One-Third of Office Space in 14 North American Cities Could Be Made Into Housing

by Phil Hall | May 1, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A surplus of empty office space could be transitioned to help address a deficit of available housing in 14 major North American markets, according to a new data report from Avison Young. Looking at more than 26,000 buildings, Avison Young determined...
Vessel Technologies Brings Franchising to Multifamily Housing Sector

Vessel Technologies Brings Franchising to Multifamily Housing Sector

by Phil Hall | May 1, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Franchising is commonplace in the lodging, retail and restaurant sectors, and a New York City-based company is expanding the franchise concept to multifamily housing. Vessel Technologies said it has launched the multifamily housing industry’s first franchising...
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