HSR and PGIM have commenced construction on a 351-unit multifamily community in Bellevue. This development aims to address the growing demand for housing in the area, contributing to local economic growth and providing new living options for residents.
“This is another example of L&G consolidating its position as a global asset manager and delivering on our strategy to build, partner or buy as we drive international growth.”
“CRE investment volume increased by 8% QoQ to $90B in Q1, with multifamily capturing a 40% share.”
“Retail cap rates compressed to 6.1% in Q1, with grocery-anchored assets trading at 9.5x NOI multiples.”
“This transaction underscores our conviction in the sector.”
“A lasting $10-a-barrel increase in the price of oil could add as much as a tenth of a percentage point to the so-called core inflation measure that the Fed focuses on.”
End of Intelligence Report · 1 Sources Verified