CRE Herald’s top 10 posts in March

CRE Herald commercial real estate news

Here are ten of our most popular articles for the month.Click on headlines to read posts.

Salt Bae’ buys a hotel in Istanbul

The steakhouse chain’s owner Nusret Gokce who gained worldwide fame with his
salt-sprinkling move ‘Saltbae’, has purchased the Park Hyatt Istanbul Nisantasi from the Turkish firm Dogus Group…


New York’s Hudson Yards officially opens

Hudson Yards, New York’s newest neighborhood officially opened to the public, marking a historic moment for the City of New York. More than 1,000 people joined in the commemoration of Manhattan’s newest destination…


JLL to purchase HFF for $2 billion

Jones Lang LaSalle Incorporated announced that it has entered into a definitive agreement to acquire all the outstanding shares of HFF ,in a cash and stock transaction with…


U.S mortgage rates see biggest one-week drop in a decade

Freddie Mac has released the results of its Primary Mortgage Market Survey®, showing that the average 30-year fixed-rate mortgage dropped…


U.S commercial and multifamily mortgage debt up 6.8% to $3.39tn in 2018

According to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report, commercial and multifamily mortgage debt outstanding grew…


Global ultra-wealthy population to rise 22% in 5 years, they invest in CRE

The global UHNWI (Ultra-high net-worth individuals,those with $30m+ or more in net assets) population is expected to increase by 22 percent in the coming five years, in other words…


Assets worth £1tn leave the UK since Brexit referendum

According to a report by the EY consultancy which monitors the public statements made by 222 of the largest Financial Services firms, 23 companies have announced the transfer of assets from the UK to Europe…


Which capital markets will lead in 2030?

According to the new research by the The Economist Intelligence Unit on behalf of PwC,Capital Markets in 2030, the New York Stock Exchange (NYSE) , Nasdaq , London Stock Exchange (LSE) and …


TIER REIT and Cousins Properties sign merger agreement

Cousins Properties and TIER REIT, Inc. announced that they have entered into a definitive merger agreement to combine in a 100 percent…


Top 10 U.S commercial/multifamily mortgage originators

Mortgage Bankers Association (MBA) released its 2018 ranking of commercial/multi-family mortgage firms’ origination volumes.