Entries by Nema

Blackstone is the latest victim of the weakening commercial real estate market

By Nicole Goodkind, CNN The ongoing commercial real estate slowdown has a new victim: Blackstone, the largest owner of commercial real estate globally. The company saw its distributable earnings — the profit distributed to shareholders after expenses — plunge 36% since last year. That’s raising eyebrows on Wall Street as investors assess the fallout from

Real Estate: Fresh Real Estate Talking Points

Contributing Content Writer: Horace Chavez, Broker Associate DRE#01259508 Coronado Shores Company Spring 2023 Real Estate Market Outlook The spring housing market is stronger than some think. The predicted decline in home prices has not happened as some economists predicted. In a typical spring market, inventory would have climbed 5%-10% by mid-April. This year, inventory has […]