WMRE Daily
WMRE Daily

JULY 16, 2021

Top Story

Despite Recent Rally, Retail Investment Sales Face a Long Road to Recovery

Acquisitions of retail property rose in recent months. But the sector continues to face uncertainty and a bid/ask divide.
 

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The 10 Best and 10 Worst States to Retire in 2021

Retirement, particularly the decision where to retire, is about more than just money.

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ESG Provides Tailwind for Mass Timber Buildings

The CRE industry’s growing attention to ESG is evident in the number of firms that now track and report on ESG performance.

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In Case You Missed It ...

Anatomy of a Deal: Why Regent Properties' Fund Invested in San Diego's Downtown

Regent Properties manages a variety of investment vehicles, including comingled funds and separate accounts on behalf of an institutional client base. The firm recently acquired a portfolio of four high-rise office buildings in downtown San Diego. 

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WMRE Wire

Blackstone to Buy $7.3 Billion of AIG Housing, Insurance Assets

The deal builds on two initiatives by Blackstone: to build permanent capital through an expansion into insurance, and to pursue lower-cost rentals for its CRE business.

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Apollo-Backed Athene to Add Mortgage Portfolio in Fortress Deal

With the purchase of mortgage lender Foundation Home Loans, Athene will pick up a $4.2-billion portfolio of mortgages.

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Cash Offers Rule Long Island as Buyers Race for Homes

Across the U.S., cash purchases accounted for 30 percent of home sales from January through April, on track with 2015 levels.

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10 Must Reads for the CRE Industry Today

The movement of white collar professionals back to major gateway cities is upending predictions from earlier in the pandemic, according to multiple publications. CEO preferences is what’s driving the way companies are returning to the office in many cases, reports Reuters . These are among today’s must reads from around the commercial real estate industry.

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