A strong start to 2022 marked by robust fundamentals and record levels of investment sales activity transitioned into a second half marked by uncertainty, leaving commercial real estate on unsteady footing heading into 2023.
The world’s largest asset manager told clients in the BlackRock UK Property Fund in the past few days that it will defer redemption requests made at the end of September 2022.
The Wall Street Journal analyzes Blackstone’s recent deal with the University of California. Smaller banks are stepping up to fill some of the gap left by other commercial real estate lenders, reports Bisnow. These are among today’s must reads from around the commercial real estate industry.