B+E Weekly Newsletter May 16 – May 22, 2023 MARKET BIDEN CONFIDENT IN US DEBT DEFAULT AGREEMENT President Joe Biden said Wednesday that he is confident the U.S. will avoid an unprecedented and catastrophic debt default, saying talks with congressional Republicans have been productive as he prepared to leave for a global summit in Japan. […]
Camille Renshaw featured on Real Perspectives Podcast Discover the Real Perspectives Podcast, where visionary leaders in commercial real estate take center stage. In this episode, join host Vladimir Bosanac as he delves into the remarkable journey and groundbreaking achievements of Camille Renshaw, the CEO and Co-Founder of B+E. Explore how Camille’s relentless pursuit of innovation […]
Net Lease News April 24 – May 1, 2023 MARKET FED RAISES INTEREST RATES ANOTHER 25 BP – GlobeSt The Federal Reserve’s Federal Open Market Committee (FOMC) announced that it would raise the benchmark federal funds rate range 0.25 percentage points to 5% to 5.25%. While the pace of job gains has slowed, unemployment […]
Net Lease News April 24 – May 1, 2023 MARKET FIRST REPUBLIC BANK SOLD TO JPMORGAN CHASE Early in the hours of May 1, the Federal Deposit Insurance Corporation closed the institution and sold all deposits and “substantially” all assets to JPMorgan Chase Bank, according to the FDIC. As of April 13, 2023, First […]
Net Lease News April 18 – April 24, 2023 MARKET SUN BELT CITIES OUTPERFORM OTHER MARKETS IN RESTAURANT RESERVATION RECOVERY Three years after the pandemic hit, restaurant reservations have fully returned to pre-health crisis numbers. Reservations were 3.3% higher in January than in 2019, indicating significant improvement over the past year. But a few Sun […]
Net Lease News March 28 – April 3, 2023 MARKET February’s CRE Sales Volume Up Nearly 34% From January – GlobeSt Retail was the most heavily traded asset class in February, with $9.1 billion of activity, buoyed by the take-private deal of STORES Capital REIT. Office volume in commercial and business centers (CBD) was short […]
Net Lease News March 21 – March 27, 2023 MARKET Fed Raises Rates Despite Banking Sector Turmoil Despite the recent collapse of three U.S. regional banks, sending financial markets into a tailspin, the Federal Reserve’s policy-making committee voted unanimously to boost its target rate another 25 basis points higher on Wednesday. In its post-meeting statement, […]
Net Lease News March 14 – March 20, 2023 MARKET What Recent Bank Failures Mean for Real Estate The sudden collapse of Silicon Valley Bank sent shock waves through Wall Street and the credit markets, forcing property owners, investors and lenders to once again reassess and recalibrate their prospects in an uncertain economic environment. Significant […]
Net Lease News March 7 – March 13, 2023 MARKET Fast-Moving $209 Billion Bank Collapse Rattles Tech, Finance Communities On Sunday, federal regulators said even deposits exceeding the insurance cap would be protected and the Federal Reserve would take emergency action to provide funds to other institutions that needed cash in exchange for collateral. SVB […]
05/23/2023
