Here’s our latest weekly roundup of top national commercial real estate stories, as reported by our plugged-in and in-the-know CoStar News team.
What Impact Will Cancelling Trade Agreements Have on Strongest Industrial Real Estate Expansion on Record?
President Trump has effectively ended U.S. participation in the TPP agreement and announced his intention to renegotiate the NAFTA agreement signed in 1993. Some experts believe the potential disassembling of the pacts poses a risk to industrial real estate, simply because the global trade links are extremely interwoven at present.
CRE Insiders Believe Trump Likely to Name Fellow Real Estate Developer to Manage GSA’s 370 Million-SF Real Estate Portfolio
As the first CRE executive to serve as president in the modern era, speculation has swirled over who President Donald Trump will appoint as the new head of the GSA, the federal agency in charge of 8,700 leased or owned government assets. Many insiders believe Trump will draw on his experience and contacts from five decades in the industry in making his decision.
Capital Raising Round-Up: Cerberus, Carmel Partners Ring Up $1 Billion+ Each for More CRE Spending
Investment funds and REITs have kicked off the year right where they left off, raising billions of dollars from investors to buy mortgages, multifamily and retail properties, and distressed real estate. Cerberus Capital Management and Carmel Partners each closed out their latest funds with more than $1 billion committed.
Post Obamacare, Investors Banking on Demographics to Maintain Healthy Outlook for Health-Care Properties
Even as the Dow Jones Industrial Average topped 20,000 for the first time, the health care REIT sector has declined 2.7% over the past three months in the market run up in the weeks following the election. Not surprisingly, many health-care providers are expected to delay making major commitments, including some real estate decisions, until more information about impending changes becomes available.