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Search resuls for: "Millichap"


9 mentions found


☆ Marcus & Millichap CEO says the damage to the office market has already been done
  + stars: | 2024-10-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarcus & Millichap CEO says the damage to the office market has already been doneMarcus & Millichap CEO Hessam Nadji explains why investors are back in the U.S. real estate market and that a full return to office working is unlikely with a hybrid model likely to stay.
Persons: Marcus, Hessam Nadji Organizations: & & .. Locations: U.S
☆ Nadji: Prices are down anyway from 20% to 35% depending on the property type
  + stars: | 2024-09-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNadji: Prices are down anyway from 20% to 35% depending on the property typeHessam Nadji, President & CEO of Marcus & Millichap, discusses that rate cuts will help revive the commercial real estate market, but foreclosures won't be solved quickly
Persons: Marcus, Millichap
☆ Marcus and Millichap CEO on malls: Movies theaters, other entertainment are huge drivers
  + stars: | 2024-05-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarcus and Millichap CEO on malls: Movies theaters, other entertainment are huge driversHess Nadji, Marcus and Millichap CEO, joins 'Power Lunch' to discuss REITs, mall foot traffic, movie theaters, and more.
Persons: Marcus, Hess
☆ Commercial real estate's book is being judged by its cover, says Hessam Nadji
  + stars: | 2024-03-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCommercial real estate's book is being judged by its cover, says Hessam NadjiHessam Nadji, President and CEO of Marcus & Millichap, discusses demand for commercial real estate.
Persons: Hessam, Nadji, Marcus, Millichap
☆ Lenders are bailing out of commercial real estate as a wave of debt builds
  + stars: | 2024-01-30 | by ( Daniel Geiger | ) www.businessinsider.com   time to read: +10 min
Roughly $2.1 trillion of debt connected to commercial real estate assets, including office properties, apartment buildings, hotels, and retail spaces, will come due between now and the end of 2025 in the US, according to the real estate services firm JLL. The wave of maturities and the enormous equity shortfalls have raised concerns that a growing number of commercial real estate debts will fall into distress, forcing banks and other lenders to suffer losses. His group tracked about $15 billion of commercial property debt sales during the year, roughly three times the volume from 2022. Commercial real estate loans differ from residential mortgages taken by homeowners in that most are interest-only or pay down their principal balance minimally and span a decade or less. More banks are exploring loan salesBanks and other lenders generally aren't eager to seize the real estate assets that collateralize their debt.
Persons: Jerry, Stephen Scouten, Piper Sandler, it's, Kevin Aussef, Aussef, David Tobin, Marcus, Millichap, Synovus, Tobin, David Frosh, they're, Frosh, Fitch, David Blumberg, we'd, Blumberg, Daniel Geiger, Rob Verrone, Banks, You've, Bliss Morris, Morris Organizations: Amerant Bank, Business, Banking, CIBC, Mission, PacWest, HSBC, Fidelity, Funding Inc, Blackstone, Bloomberg, Broadway, Aon Center, 601W Companies, Iron Hound Management, First Financial Locations: Coral Gables , Florida, Houston, Canadian, Brookfield, Los Angeles, Columbus, Manhattan, Midland, Chicago, Oklahoma City, New York
☆ Small Biz Owners Scale Back Their Office Space or Go Remote Altogether. Some Move to the Suburbs
  + stars: | 2024-01-29 | by ( Associated Press | Jan. | At A.M. | ) www.usnews.com   time to read: +6 min
NEW YORK (AP) — After 46 years, Steve Replin has decided to give up his office space. About 23% of U.S. office space is available, compared with 16% before the pandemic, according to global real estate advisor Avison Young. Garnett is looking for a smaller space – 1,200 square feet or so -- in suburban Huntsville, closer to where most of his clients live. The pandemic taught her she could work in a smaller space, but she still saw value in having office space with a physical library. Saul said she was able to downsize her library, filled with samples and a necessary part of the firm’s office space.
Persons: Steve Replin, Avison Young, ”, Alan Pontius, Marcus, Millichap, Hunter Garnett, Garnett, I’d, Leslie Saul, she’d, “, Saul, Annie Scranton, Replin, ” Replin, He’s, ” Krueger Organizations: Pace Public Relations Locations: Denver, Huntsville , Alabama, Huntsville, Cambridge, Winchester, Manhattan, New York, Larchmont, Greenwood Lake, N.J, Maryland
☆ Marcus & Millichap CEO on the state of commercial real estate demand
  + stars: | 2023-08-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarcus & Millichap CEO on the state of commercial real estate demandHessam Nadji, President and CEO of Marcus & Millicap, discusses commercial real estate amid ongoing concerns around rising rates and credit.
Persons: Marcus, Hessam, Millicap
☆ Delinquencies for commercial office spaces are going to rise, says Marcus & Millichap CEO
  + stars: | 2023-06-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDelinquencies for commercial office spaces are going to rise, says Marcus & Millichap CEOHessam Nadji, president and CEO of Marcus & Millichap, and Tim Seymour, Seymour Asset Management CIO, join 'Power Lunch' to discuss a pullback in commercial real estate for offices, concerns about older property loans reaching maturity, and individual bank issues around lending.
Persons: Marcus, Hessam Nadji, Millichap, Tim Seymour Organizations: Seymour, Management
☆ Marcus & Millichap CEO on the impact of rising rates on commercial real estate
  + stars: | 2022-11-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarcus & Millichap CEO on the impact of rising rates on commercial real estateHessam Nadji, President and CEO of Marcus & Millichap, joins Worldwide Exchange to discuss the state of commercial real estate and the retail sector.
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