Melvin: Breaking Down Jones Lang LaSalle’s Outlook
Jones Lang LaSalle released its third-quarter U.S. Office outlook recently. The global commercial real estate firm found that conditions are generally good.
Real Estate
Liquefy to Digitize the Landmark Mayfair Luxury Hotel
Hong Kong-based Liquefy will be the provider for a consortium of Gulf families on a real estate digital securities project. The program has $1 billion worth of real estate assets in the pipeline. The first “digitalized” asset will be a luxury hotel in the Mayfair district of London worth $600 million.
Real Estate Economic Forecast is Rather “Meh” About Real Estate
The Real Estate Economic Forecast – authored by Urban Land institute – hit the street today.
It’s not as bad as we might have expected.
The survey offers a consensus forecast of 41 economists and analysts at 32 leading real estate organizations.
Blackstone Continues Real Estate Buying Spree
The Blackstone real estate buying spree continues. The private equity firm has continued its rapid deployment of funds into real estate with another purchase.
On Tuesday, the firm announced it would purchase a 65% controlling interest in Great Wolf Resorts.
Office Properties Income Trust Announces Sales of Four Properties
The multistate deal allows the firm to pay off unsecured loans Office Properties Income Trust announced the sale of four buildings this week. The buildings are in San Antonio and …
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