MAY 14, 2021

Top Story

Family Offices Continue to Increase CRE Allocations

By Beth Mattson-Teig, Contributing Writer

Family office real estate expert DJ Van Keuren provides an update on what those investors want in their property portfolios.

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In Case You Missed It...

Publicly-Traded REIT Stocks Have Returned to Pre-Pandemic Levels

By David Bodamer, Editorial Director

REITs are now up 17.11 percent year-to-date and are just more than 2.0 percent above where they were pre-pandemic. In addition, the REIT merger and acquisition market roared back to life. In mid-April, Jericho, N.Y.-based Kimco Realty Corp. and Houston-based Weingarten Realty announced a plan to merge the companies. WMRE sat down with Nareit Executive Vice President and Economist John Worth to discuss April’s returns, the M&A market and other developments in the REIT space.

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WMRE Wire

Brookfield Aims to Raise $100 Billion for New Flagship Funds

Bloomberg

The alternative asset manager is planning its next round of funds after it sold $13 billion in assets during the first quarter.

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NYC’s Famed Flatiron Building Gets a Makeover for New Tenants

Bloomberg

The nearly 120-year-old tower will undergo a total renovation of its interior as its office space sits totally empty for the first time in 60 years.

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11 Must Reads for the CRE Industry Today

By WMRE Staff

With travel and restaurant visits ramping up, the U.S. is moving closer to a wide-scale reopening, reports The Wall Street Journal. Sovereign wealth funds are focusing more on direct investment in real estate, according to Asian Investor. These are among today’s must reads from around the commercial real estate industry.

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