WMRE Daily
WMRE Daily

APRIL 2, 2021

Top Story

Lenders Remain Cautious. But They Are Willing to Take On Multifamily and Industrial Deals.

Despite a year of disruptions and significantly lower deal volume, commercial real estate capital providers of all types remain willing to finance deals.

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News

SEC Charges Pro Athlete Advisor With Fraud

The SEC claimed Douglas Elstun put clients' long-term money in high-risk leveraged and inverse ETFs, funds meant for short-term trading. He was trying to 'please too many people,' his lawyer said.

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WMRE Wire

Manhattan Office Supply Soars to Highest Level in Three Decades

The office availability rate Manhattan jumped to 17.2 percent in the first quarter, largely driven by sublease space, according to Savills.

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Brookfield to Take Property Arm Private in $6.5 Billion Deal

Brookfield Asset Management plans to acquire a minority stake in Brookfield Property Partners LP for $18.17 per unit.

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Eight Must Reads for the CRE Industry Today

Wells Fargo and Google are planning large-scale returns to the office, while Vox reports that remote work turned out to be “overrated.” Forbes takes an in-depth look at the troubles facing the owners of the American Dream mall. These are among today’s must reads from around the commercial real estate industry.

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