WMRE Daily
 
WMRE Daily

FEBRUARY 9, 2023

Top Story

How One Big Apartment Investor is Putting its Capital to Work

Harbor Group International spent $2.7 billion on multifamily properties in 2022 and is out hunting for deals again this year.

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How One CRE Fund Manager Is Adapting to a New Cycle Phase

ElmTree Funds’ Annie Hsieh talks about how investment managers are capitalizing on current market opportunities.

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WMRE Wire

Brookfield Has $90 Billion for Deals After Fundraising Boom

Brookfield Asset managed $418 billion in fee-bearing capital at the end of December — up 15% — across asset classes including real estate, infrastructure, credit, private equity and renewable power.

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NYC Wealth Exodus Drives Billionaire’s Bet on South Florida Boom

Related Cos. is seeking opportunities for real estate projects outside of West Palm Beach and Miami, where the firm has already established a presence.

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New York Targets Landlords of City’s Unlicensed Weed Stores

Manhattan District Attorney Alvin Bragg said Tuesday that he was putting the property owners of 400 unlicensed smoke shops on notice: Evict any tenants that are selling illegal cannabis — or the state will do it for you.

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11 Must Reads for CRE Investors Today

Multifamily rents leveled off in January after dipping in the fourth quarter of 2022, reports Yardi Matrix. Green Street analysis says that falling commercial property prices are at or near their bottom. These are among today’s must reads from around the commercial real estate industry.

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