Seven Must Reads for the CRE Industry Today (May 19, 2021) A start-up owned by Warren Buffett is betting on modular construction, reports The Wall Street Journal. CBRE research shows that the commercial real estate lending market remained resilient in the first quarter of the year. These are among today’s must reads from around the commercial real estate industry.
Investors Bet on Commercial Real Estate, Undeterred by Empty Offices and Hotel Rooms “More than a year into the pandemic, high-rise office buildings are largely empty. About one of every two hotel rooms is unoccupied. Malls are struggling to attract shoppers. And yet by most measures, the U.S. commercial real-estate market is in remarkably solid shape. Prices fell far less than after the 2008 financial crisis and are already rising again. The number of foreclosures barely increased. Pension funds and private-equity firms are once again spending record sums on buildings.” (