Some buyers are trying to renegotiate prices, but a net result of recent moves could be a tightening in the spread between multifamily cap rates and yields on 10-year Treasuries.
One Medical, whose parent is called 1Life Healthcare Inc., operates 182 medical offices in 25 markets in the United States. Customers pay a subscription fee for access to its physicians and round-the-clock digital health services.
The billionaire Spanish retailer owner’s property holdings rose to $15.6 billion, according to a statement from Pontegadea, the firm that manages his fortune, similar to the value recorded pre-pandemic.
Blackstone posts a loss in the second quarter amid market uncertainty, reports The Wall Street Journal. COVID-19, economic doubts continue to cast a long shadow over the office sector. These are among today’s must reads from around the commercial real estate industry.
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