JULY 2, 2019

Top Story

Finance & Investment

CRE Property Prices Still Reaching for the Peak

By Beth Mattson-Teig, Contributing Writer

Ten years into this expansion cycle and properties are continuing to post impressive price growth. Property price growth rose 1.1 percent in May from April, the biggest monthly increase since early 2015, according to the latest U.S. National All-Property Index tracked by research firm Real Capital Analytics (RCA).

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Analysis

Multifamily

In Spite of High Level of New Construction, Apartment Rents in Dallas Continue to Grow

By Bendix Anderson, Contributing Writer

Tens of thousands of new apartments are scheduled to open this year in Dallas-Fort Worth—one of the busiest cities in the U.S. for new apartment construction. A strong, diverse local economy is helping Dallas absorb those new units. Even though the vacancy rate continues to rise towards 9.0 percent, rents are still growing faster than inflation.

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Finance & Investment

What Makes Glenn Rufrano the First Pick for CRE Turnarounds?

By John Egan, Contributing Writer

He helped fix ailing Centro and what is now VEREIT. He assisted Cushman & Wakefield in charting its global expansion path. How did Glenn Rufrano become the commercial real estate industry's go-to problem-solving specialist?

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NREI Wire

Bain Raises $1.5 Billion for Harvard-Backed Debut Property Fund

Bloomberg

The private equity firm surpassed its $1 billion target for its first real estate fund.

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New Rochelle OKs Biggest Westchester County Hotel in 20 Years

Bloomberg

New Rochelle’s planning officials approved a 225-room hotel in downtown.

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10 Must Reads for the CRE Industry

By NREI Staff

Investments surge in real estate technology start-ups, reports the Wall Street Journal. The New York Times takes a deeper look into Macy's plans of an 800-foot tall office tower atop its Herald Square store. These are among today's must reads from around the commercial real estate industry.

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