Thursday, August 17, 2023 | 2:00 PM ET
In spite of recent market volatility, the firm concluded asset managers’ activity in the U.S. real estate market remained stable.
JP Morgan Chase and Wells Fargo have upped their reserves in preparation of taking losses tied to loans on office buildings, reports Bloomberg. Blackstone’s non-traded REIT posted its strongest month in more than a year, according to Commercial Observer.
Cresset Partners' Elizabeth Wohlleb discusses how the firm works with investors to explore strategic real estate opportunities.