News Analysis

Term Sheet: Steady base rates shifts focus to 10-year Treasuries; CDPQ outlines Otera and Ivanhoé Cambridge integration; REC USA’s February-March edition live now

Unchanged rates shifts focus to 10-year Treasuries, REC USA hears; Caisse de dépôt et placement du Québec’s strategy shift includes the internalization of lender Otera Capital as well as property company Ivanhoé Cambridge; February-March edition of Real Estate Capital USA magazine debuts with central focus on all-weather managers; and more in today’s Term Sheet, exclusively for our valued subscribers.

Inside Ares and RXR’s New York office joint venture 

The Ares-RXR venture comes at a time when transaction activity in the city has started to tick upward and capital is starting to move.

Federal Reserve commentary seen as stage-setter for 2024

The meeting comes as transaction activity has started to tick up after a slow 2023.

Analysis: 1740 Broadway, Veritas portfolio sales usher in next phase for market recovery 

The pending sale of a defaulted note on 1740 Broadway in New York and the foreclosure sale for a San Francisco multifamily portfolio could be the start of a broader shakeout.

Analysis: 10-year Treasury moves into focus ahead of Federal Reserve meeting

The Federal Reserve has not changed the target rate, which has stood at a level of 5.25-5.5 percent, since July.

Blackstone’s Gray: The ‘pillars of a real estate recovery’ are forming

Blackstone’s president says commercial real estate values are bottoming out and expects an uptick in realizations in H2.

Clarion hires Karlekar to head global research and strategy

Indraneel Karlekar returns to the New York manager, where he previously headed research during his days with affiliate ING.