Trepp, a leading data provider and analytics firm serving the commercial real estate industry, issued a report on the state of the commercial real estate mortgage security (CMBS) markets this week.
Green Street Advisors has released a new report titled U.S. Commercial Real Estate Cross-Sector Overview Amid Covid-19. The real estate advisory and research firm takes a look at which segments of the commercial real estate and Real Estate Investment markets have experienced the most damage from the economic shutdown caused by halt the coronavirus spread.
Leading real estate and REIT research firm Green Street Advisors has recently commented on the impact of the coronavirus on commercial real estate markets.
They note that that as recently as five weeks ago, no one was all that concerned with what the virus might do to real estate investment trusts balance sheet. That has changed quickly as the economic shut down to prevent the spread of the virus has altered both public and private real estate markets in a material fashion.
Two companies are collaborating to revitalize the market for Japanese homes.
A blockchain-powered solution may be the answer to the problem of millions of abandoned homes in Japan. Known as ‘akiya’ these ghost dwellings numbered about 8 million in 2013. This number has now ballooned to 10 million by 2020, and is on track to comprise 30% of all Japanese homes by 2033. Real estate crowdfunding via the blockchain may give these properties a new lease of life, according to Securitize.
Soho China could be next. Proving once again that the firm is fearless, private equity and alternative form Blackstone (NYSE: BX) is stepping up to the plate to bid for real estate in China. Blackstone is bidding $4 billion to take over Hong Kong-listed property company Soho China.