Articles Tagged with ''CBRE''

CBRE names Leah Stearns CFO

Stearns will start on May 15
Commercial real estate giant CBRE announced that Leah Stearns will be joining the company as its next chief financial officer. Stearns is stepping into the role as the company's current CFO, James Groch, transitions his focus on responsibilities as the company's global group president and chief investment officer.
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CBRE grows valuation business by acquiring Florida Valuation Group

Commercial real estate appraisal firm joining CBRE
CBRE is growing its commercial real estate valuation business, as the company announced this week that it acquired Florida Valuation Group, a commercial real estate appraisal firm that specializes in right-of-way appraisal and litigation support for eminent domain proceedings in Florida and the Southeast.
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Here are the markets where the most apartments were built in 2018

CBRE report shows top 20 markets for apartment completions
Thanks to a report last week from CBRE, we already know that construction activity in multifamily real estate last year was more robust than almost any other year since the 1980s. According to the CBRE report, there were 267,900 units completed in 2018, slightly lower than the previous high of the last 30+ years, which just so happened to be set in 2017. But where are all those apartments being built?
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Multifamily real estate just had its best year since 2000

Net absorption rose to highest level this century
By just about any way you look at it, 2018 was the best year for multifamily real estate this century: Renters paid more for housing than they ever have before, Freddie Mac and Fannie Mae both had banner years, commercial and multifamily debt hit an all-time high, all while delinquencies remained at historic lows. And now, we have clear evidence that last year was the market's best year since 2000.
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CBRE: Here’s where multifamily investors should be putting their money in 2019

Why workforce housing will outperform the rest of the market
While most of the market attention tends to be focused on Class A multifamily buildings, new research from CBRE suggests that there is another class of multifamily housing that represents a much larger opportunity for investors – workforce housing. And going into 2019, market conditions are positioning workforce housing for continued return on investment.
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Student housing near University of Maryland breaks record for largest sale ever

High-rise building sells for $235 million
Rockpoint Group and Greystar sold University View, a 1,573-bed student housing high-rise near the University of Maryland in College Park, Maryland for $235 million to an undisclosed buyer, according to CBRE National Student Housing and CBRE Washington D.C. Multifamily, which represented the sellers in the transaction. According to CBRE, the sale is the highest dollar transaction for a single student housing asset in history.
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Multifamily investment showing signs of slowing

CBRE and Real Capital Analytics research shows multifamily investment took a tumble in Q2
Multifamily investment could be showing signs of slowing down heading into the back half of the year, as investors ease up on their appetite for garden-style properties, according to research from CBRE and Real Capital Analytics.
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Cushman & Wakefield files for IPO

Real estate giant files for IPO, hoping for $1 billion and valuation of $5 billion
Commercial real estate mega-company Cushman & Wakefield filed for IPO, the next step on its path to ascending to the top rung with CBRE and JLL. Last year, Cushman’s revenue was $6.92 billion. In 2017, CBRE registered $14.2 billion and JLL registered $7.9 billion in revenue.
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