265. Will July Bring Fireworks to CRE? Building Permits, Fund Redemptions, Regional Bank Fundraise
The TreppWire Podcast: A Commercial Real Estate Show
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Impacts of US Census Update and Extreme Weather on Commercial Real Estate Market
The chapter analyzes the effects of the May US Census update on the commercial real estate market, highlighting declines in building permits and housing starts. It delves into the implications of increased insurance costs for CRE due to extreme weather events, affecting regions beyond coastal cities. Additionally, it discusses challenges faced by property owners with insurance policy renewals, redemptions in real estate funds, a Texas bank's fundraising, and significant moves in property ownership like the control retention of an iconic office building in Midtown Manhattan.
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