Commercial Real Estate News for Wednesday May 23

In Wednesday’s commercial real estate news – we’ll give you a look at the 10 must reads in CRE, the 6 takeaways from this years RECon and so much more.

CENTURIA AND LEDERER JOIN FORCES TO BUY ADELAIDE OFFICE TOWER FOR $185 MILLION

Centuria Capital Group and the Lederer Group, led by Western Sydney Wanderers co-owner Paul Lederer, have jointly acquired the Bendigo and Adelaide Bank headquarters in Adelaide’s CBD in a deal worth almost $185 million.
 
 

10 Must Reads for the CRE Industry Today (May 23, 2018)

Catch up on the latest news in CRE!

 

 

Six Takeaways from RECon 2018, Day Two

Here are some key points real estate professionals shared during the second day on the showroom floor.

 

Amid Portland’s rapid growth, one company has decided to take a bird’s eye view of development — literally.

As Portland has expanded, real estate research company CoStar has increased its coverage in the area, and it is turning to technology to track development.

 

Dry Power, Competition Fuel CRE Mega Deals

The year is not even at the half-way mark and it is already proving to be a big year for billion-dollar transactions. And there are likely more mega-deals on the horizon that could give transaction volume an added lift.

Groundhog Day at Fannie-Freddie Where the Fix Is Always Tomorrow

When the two mortgage giants were taken under federal control a decade ago regulators saw the move as a short timeout.

Next U.S. Recession Seen Beginning in 2020: Zillow/Pulsenomics

More than half of real estate experts and economists in the survey by housing data provider Zillow and research firm Pulsenomics LLC point to “monetary policy as the likeliest cause.”

 

Here at myNOI.com our team researches daily to find you the most important commercial real estate news!