Green Street

Have you heard? #GreenStreet has expanded our public market research & data solution in #Canada with new retail coverage! #REIT data includes weekly pricing sheets, investment recommendations, detailed NAV models, and data downloads with 75+ portfolio #earnings and valuation metrics including 5-year earnings forecasts. Read the full announcement to see what Frederic Blondeau, Green Street Managing Director and Head of Canadian Research, has to say about investing in the retail sector. Read more: https://lnkd.in/gbZkFqcG

Come meet the Green Street team at #MAPIC2024! Katie Girdwood and Lucy Stainton will be there to introduce Green Street's new product, #RetailAnalyticsPro, offering unmatched, granular property insights for the UK #retail sector.   Book a meeting with the team today! https://lnkd.in/eCDS7SNu #Realestate #RetailRealEstate #RetailInvestment #GreenStreet

In this week's release of Commercial Mortgage Alert #GreenStreet reported, "Fontainebleau Development has lined up some $1.75 billion of #CMBS debt from Goldman Sachs and JPMorganChase on two massive, high-end resorts in South Florida." Stay up-to-date on what's happening in the commercial #debt space with the earliest look at today's key dealings, securing the competitive advantage you need to identify new #financing opportunities. Read the complimentary article: https://lnkd.in/gdinEVQh

When it comes to US public #pensions backing #CRE vehicles, it’s sentiment first, metrics to follow. That’s what Ferguson Partners Scott McIntosh exclusively told Green Street’s Real Estate Alert about the firm’s quarterly update on #equity pledges for #funds and #separateaccounts. The upshot: some $7.1B was pledged in Q3, down 13% from a little over $8B in the prior-year period. Overall, pledges for the first nine months of 2024 total about $24B, down 9% YoY. The Fed's recent rate cut — and expectations of more coming — has most pros seeing a pickup in 2025, even if the rest of this year won't benefit. “There’s a different sentiment from two quarters ago,” McIntosh said, “as I think organizations in this space — both on the GP side and the LP side — have more optimism.” For access to all of REA’s scoops on #investmentsales and #fundraising, click here https://lnkd.in/eFVHDun3

Green Street's #Canada Research has initiated public market coverage of the #retail sector with seven new #REITs! The retail sector represents half of the Canadian REIT universe, and ~25% of overall Canadian retail GLA. This initiation brings #GreenStreet's Canada coverage to 14 REITs operating across four major #property sectors – Apartment, Industrial, Senior Housing, and Retail. Read the full offering details to learn more: https://lnkd.in/gv2vHRAJ

Green Street has expanded our sector coverage with new public-market research and data covering Mortgage REITs! We've kicked off with four new reports covering the #mortgage REIT ("mREIT") space, including a sector initiation primer on the #mREIT business model. Dive into the sample report to learn more on mREIT #lending trends, credit metrics & valuation. Download report: https://lnkd.in/gDwUpfGg

Green Street recently toured assets and met with market participants in #Chicago. Conversations throughout the week focused on operating fundamentals and valuation across the #apartment and #office sectors. This concluded with a Chicago Market Insights Report: "We've Been Walking Around Chi-Town" available to Green Street clients. Some highlights to share: - Green Street refined submarket-level apartment cap rates & forecasts. - Property tax reassessment is of particular concern to market participants. - Despite challenges, Chicago has seen above average apartment rent growth. - Green Street will likely revise ’25 effective rent growth upwards of ~50 bps. - Green Street pegs B/B+ office values at $110/ppsf or less than 60% since peak ’19. - Foot traffic in the Loop increasing, but remains 50%-70% of pre-pandemic levels. #commercialrealestate #cre #underwriting #analysis #privateequity #rents #caprate #officebuildings #multifamily #data

The retail sector can often times be a bit murky, with dozens of tenants per building operating across multiple sectors. With varying foot traffic during different shopping seasons to boot. To help lift the veil, #GreenStreet has released #RetailAnalyticsPro to empower UK #retailers and investors.    Our latest blog dives into one of the tools within Retail Analytics Pro examining our Health Index and the 10 factors it includes to provide you actionable insights and #data. Read more on the Retail Analytics Pro Health Index to learn more and start taking action today! Read the blog: https://lnkd.in/gNVgWj75

#REIT bonds boomed in #Q3 to a three-year high – and the heady days might be here to stay a minute. Issuers printed nearly $15B of #bonds last quarter, pushing the annual tally over $39B, according to exclusive reporting from Green Street’s Commercial Mortgage Alert. That’s more than the nearly $36B issued for all of last year (not to mention blowing away 2022's $26B). And it's the third-highest January-to-September volume on record. CMA spoke with Nareit’s John Worth, Mizuho’s Thierry Perrein , Moody's Ratings' Lori Marks, S&P Global’s Ana Lai and Fitch Ratings' Chris Wimmer, CFA to see how long the party might last, given there’s more than $66B of bonds set to mature over the next two years. “We’re starting to see signs of life in the transaction market, and we expect to see a lot more of it in the fourth quarter and the first couple of quarters of 2025,” Worth said. For access to CMA’s #data and REIT Bond Database - and all the rest of our exclusive content around #CRE #finance and #securitization – click here: https://lnkd.in/ehZhj_jS

Another fruitful event for Green Street's #DEI council, as we had the pleasure of hosting a WIRE/Pictet/Green street event for an education and networking event in London this past week. Our esteemed colleague Marie Dormeuil, Head of European Market Analytics, presented key conclusions from our most recent Commercial Property Outlook report. She provided great insights on the current fundamentals standing of public and private #markets across Europe, which fostered an engaging discussion amongst the group. Thanks to Audrey Klein #WIRE and Pauline Diminutto at Pictet Group for the great gathering!   If you're interested in similar complimentary insights, click here: ⁠https://lnkd.in/g6TzZdQd