Commercial Real Estate News for Wednesday, July 5

Welcome back investors! In today’s commercial real estate news – we’ll look at the softening demand for commercial real estate, Monogram Residential REIT going private for $3 billion, and big-box distribution space at record-high volume in Houston.

Commercial Real Estate Demand Softens, Investors Fret Trump Tax Cuts Won’t Pass

Revenue from Trump’s office buildings has been coming in below expectations. That’s part of a softening in commercial real estate, and it’s happening all over the country.

Greystar-Led Fund Taking Monogram Residential REIT Private in $3 Billion Transaction

Monogram Residential Trust agreed to be acquired by a newly formed perpetual life fund, Greystar Growth and Income Fund, in a transaction valued at $3 billion.

On a large scale, much of the positive momentum is being fueled by activity among e-commerce companies.

 

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

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Dalesmy Gonzalez is a graduate of Western Washington University where she studied Business Administration with an emphasis in Marketing.

She specializes in optimizing digital marketing websites for commercial real estate brokers and connecting buyers, sellers, and investors across the US.

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