Greystar, PGIM Move Forward With Charleston Campus
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
On the RET wire
- 10 stories mentioning Greystar on the wire in the past 90 days. Greystar coverage →
Computed from Real Estate Trail’s own tracked coverage
External link. Real Estate Trail does not republish source content.
More from the wire
Form 4 Bluerock Private Real Estate Fund: Ramin Kamfar (Director) For: 21 September
AEW Sells Singapore Office Tower to Tuan Sing for $469M, 12% Below 2022 Price
Gorvins welcomes new commercial property partner
Boston investors pay $60M for Montgomery County shopping center
Slightly lower mortgage rates finally pause slide in housing demand
Rates fell toward 7.30% as the 10-year yield dipped below 5% in a wild week for the bond market