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WEEKLEE NEWS
IN REVIEW


OUR TOP FIVE LOCAL AND NATIONAL

NEWS STORIES

WHO'S LENDING FOR INDUSTRIAL

Globe St.


As MSCI noted in its expansive analysis of the first half of 2023, “Industrial properties are facing a more muted decline in prices than seen in other property sectors. With less evidence of price declines, lender behavior is different for industrial properties as well, with groups that have pulled

back elsewhere stepping up their lending for the sector.”

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DISTRESSED ASSET BORROWERS: TO SELL OR NOT TO SELL

Connect CRE


When it comes to distressed assets, selling the property is not the only option, and many times not the best option. One of the reasons is that the sponsors may or may not generate enough proceeds to cover the balance that they have on the project. That’s why it’s worth looking into other options before you sell.

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JOB GROWTH EXCEEDS FORECASTS IN SEPTEMBER, REAL ESTATE CFOS TO CUT 2024 SPENDING, MORTGAGE RATES HIT 23-YEAR HIGH

San Diego Union Tribune


The Midway Rising development team selected to remake San Diego’s 48-acre sports arena property in the Midway District has erased a 200-room hotel from its project and is no longer planning to construct 250 residential units for middle-income families, with infrastructure and financing complications blamed for the changes.

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DISRUPTION SPREADS ACROSS SAN DIEGO'S OFFICE LANDSCAPE

Costar


San Diego’s office market continues to face obstacles. Although CoStar research will continue to collect lease deals for the third quarter, new leasing volume largely matched the prior quarter and is still down almost 20% compared to the pre-pandemic period.

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TOP 15 CRE INVESTING MISTAKES

Costar


The most successful companies and individuals in the industry are usually adept at selling, financing and/or leasing CRE property. However, in pursuing these transactions the same key mistakes are made over and over again which usually results in poor performance, the loss of equity in a property or the loss of the property in foreclosure.

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FEATURED PROPERTIES

ABOUT LEE & ASSOCIATES

At Lee & Associates, our reach is international but our expertise is local market implementation. With offices across the nation and Vancouver, Canada, Lee & Associates is one of the largest and fastest growing commercial real estate organizations in North America. 


Founded in 1979, our experience and expertise offers extensive local market knowledge, seasoned agents, industry leading technology, and a commitment to achieving our clients long-term real estate goals and successes. Lee & Associates understands real estate and accountability, and provides an integrated approach to leasing, operational efficiencies, capital markets, property management, valuation, disposition, development, research, and consulting.


Commercial Real Estate Questions? 

Please Contact:


Steve Malley

smalley@lee-associates.com

858.453.9990

LinkedIn

www.lee-associates.com/sandiego