Commercial Real Estate News for Wednesday, March 7

In Wednesday’s commercial real estate news – we’ll give you a look at how CRE is critical to improving local communities, how European banks are loading up on real estate, and so much more.

RealtyShares Survey Shows Many Americans Believe Commercial Real Estate is Critical to Improving Local Communities

RealtyShares, a leading online marketplace for real estate investing, today announced the results from its Commercial Real Estate Investing Survey. The survey, conducted online among over 2,000 U.S. adults in December 2017 by Harris Poll on its behalf, underscores that many Americans believe commercial real estate is a catalyst for improving local communities.

Women-owned boutique real estate brokerage kicks off to help small biz, nonprofits

A pair of entrepreneurial women with already-busy real estate and business development careers are launching a new boutique real estate brokerage firm, aimed at narrow niches of small clients and walkable neighborhoods.

Commercial property firm ESRP moving to Dallas Cowboys’ Star project in Frisco

The 5-year-old property services firm will move its headquarters this summer from Far North Dallas to the mixed-use development on the Dallas North Tollway.

What Bust? European Banks Are Loading Up on Real Estate

When Spain’s Bankia SA received a bailout in 2012, it was prohibited from making the kind of real-estate loans that triggered the bank’s implosion.

Is the Speculative Office Development Pipeline Going to Cause a Problem?

As a percentage of rentable area under construction, speculative office development this year is at the highest percentage CoStar has seen over 13 years.

More Foreign Capital Flowing to Real Estate Debt Funds

Foreign capital is following the broader market shift that has investors allocating more capital to commercial real estate debt.

Great Parking Is Not Worth a Housing Crisis: Virginia Postrel

In Los Angeles, it’s perfectly legal to build a new apartment without a refrigerator, a balcony, or air conditioning. But you can’t build one without plenty of parking.

Nordstrom’s Spurned $8.4 Billion Bid Sends Family Scrambling

After the company’s founding family put together an offer of about $50 a share in cash, Nordstrom’s independent directors spurned the deal on Monday, saying the price was too low.

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