Commercial Real Estate News for Thursday, November 17

Charge into your afternoon with these 4 articles on commercial real estate and investments.

34 of the Country’s Top Commercial Real Estate Sales of 2016

A round-up of some of the nation’s largest commercial real estate deals in 2016. The list includes Seattle’s Safeco Plaza ($387 million), Denver’s Breakers Resort ($350 million) and Westwood’s University Station ($206 million.)

Commercial Real Estate Faces Strong Headwinds

More frequent mortgage delinquency and higher borrowing costs may slow down the commercial real estate market in the coming years. These warning signs are already occurring and show little sign of slowing down.

Apartment Demand, Rental Rates Hold Steady Against Unprecedented Supply in Healthy-But-Slowing Apartment Market

Multi-family units continue to be a smart investment. Demands remains strong and the supply is set to grow even more.

Hines REIT Sells Tallest Building In Sacramento for $175.5 Million

The 429 ft. Wells Fargo Center was acquired by Starwood Capital Group for $175.5 million. This is the largest commercial real estate sale in Sacramento since Hines Interests originally acquired the building nine years ago for $224 million.

MyNOI connects investors with the knowledge they need to make smart decisions and the right brokers to reach their goals. As a team we gather & write timely and salient articles for you to develop your expertise as a commercial real estate investor and broker.

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