Average investment in Irish commercial property up 60%
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
External link. Real Estate Trail does not republish source content.
More from the wire
Buzzworks marks first move into Perthshire with acquisition of 'landmark' hotel
US industrial outdoor storage finds home in CMBS as investor appetite grows
JLL Brokers Sale of 552,550 SF Office Complex in Houston’s Galleria District
HOUSTON — JLL has brokered the sale of Park Towers, a 552,550-square-foot office complex in Houston’s Galleria district. Park Towers comprises two 18-story buildings that were built in 1972 and renovated between 2016…
Commercial real estate listings: 4509 W. Broad St. sells for $750,000
Concord Summit Arranges $50M in Construction Financing for Fort Worth Multifamily Project
FORT WORTH, TEXAS — Concord Summit Capital, a South Florida-based intermediary, has arranged $50 million in construction financing for Vic Centre Apartments, a 268-unit multifamily project in Fort Worth. Vic Centre wi…
FHA launches optional transition period to UAD 3.6
Lenders can begin sending FHA appraisals in UAD 3.6