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July 31, 2023

Life Sciences' CRE Predicament: Too Much New Space, Not Enough Of The Right Kind

Related's Frank Monterisi Discusses The Plans For Willets Point's 2,500 Affordable Housing Units Aug. 23

How real estate is able to weather the downturn currently affecting the life sciences sector over the coming year will play a role in the industry’s development across the U.S., experts said onstage last week at Bisnow’s New York Life Sciences and Biotech Conference.

Life Sciences' Real Estate Predicament: Too Much New Space, Not Enough Of The Right Kind

Life sciences is still in a fledgling stage in many U.S. markets, resulting in a lack of midsized spaces for startups to grow into. But many landlords who built aggressively to respond to a surge in demand in 2021 and 2022 have large vacancies to fill and many of the same financing challenges as the…

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Newmark’s Revenue Drops 22% Amid CRE Slowdown

Newmark’s Revenue Drops 22% Amid CRE Slowdown  

A slowdown in leasing, sales and loans across the country’s real estate investment landscape is hitting brokerage firms hard, with Newmark reporting significant revenue and earnings depletion in the second quarter. The brokerage’s total revenues in the second quarter came to $585.8M, Newmark executives said during its earnings call Friday.…

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CMBS Pioneer Ethan Penner To Give Closing Keynote At Bisnow’s Elevate Retreat

PRESENTED BY:   Bisnow
 
CMBS Pioneer Ethan Penner To Give Closing Keynote At Bisnow’s Elevate Retreat  

Next month, the most promising up-and-comers in the commercial real estate industry will meet up at the 1 Hotel Nashville for Elevate, Bisnow's newest CRE retreat. From Aug. 16-18, these rising stars will not only network with their peers, but also with some of the most well-established names…

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