WMRE Daily
 
WMRE Daily

DECEMBER 16, 2022

Top Story

Office Prices Have Dropped a Bit. But Investors Are Still Interested in Office Assets.

There’s so much institutional capital in the market, even problematic office assets can find buyers, albeit at a discount, notes CREXi COO.

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Co-Living Sector Transforms as it Faces Pushback from Developers and Lenders

Firms are still investing in co-living units. But the sector has gone through a transformation in the past few years.

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WMRE Wire

Thursday Is the New Monday as Hybrid-Work Patterns Shift

Friday ranks as the most popular day to work from home over the past six months, followed closely by Thursday, while Wednesday is the most common day to be on site.

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These Wall Street Companies Are Cutting Staff as They Prepare for a Downturn

A running list of where finance jobs are being eliminated as revenue tumbles and warnings intensify that the economy is headed for a slump.

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Billionaire Zara Owner Agrees to Buy Seattle Luxury High-Rise

This is Pontegadea’s second acquisition of premium residential real estate in the US, after agreeing to buy a New York building earlier this year. Traditionally, the firm focused on high-end office buildings and retail sites.

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10 Must Reads for the CRE Industry Today

Investment News looks at the difficulty of valuing non-traded REITs. Colliers published its latest seaport outlook report. These are among today’s must reads from around the commercial real estate industry.
 

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