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Connect CRE
Internet Publishing
Los Angeles, California 11,059 followers
The most experienced and trusted source for CRE news, events, and marketing solutions.
About us
Connect CRE brings you all the commercial real estate news and information of the day via our website, daily news emails and conferences, plus provides world-class marketing solutions for our clients via our full service marketing agency.
- Website
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https://www.connect.media
External link for Connect CRE
- Industry
- Internet Publishing
- Company size
- 11-50 employees
- Headquarters
- Los Angeles, California
- Type
- Privately Held
- Founded
- 2014
- Specialties
- Commercial Real Estate, News, Conferences & Events, and Marketing Solutions
Locations
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Primary
3900 San Fernando Rd
Suite 1007
Los Angeles, California 91204, US
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260 Madison Ave
Suite 8087
New York, NY 10016, US
Employees at Connect CRE
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Daniel Ceniceros
CEO & Founder of Connect Media – CRE | The Leading Provider of Commercial Real Estate News & Information | CEO of ApartmentBuildings.com | National…
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Mike Boyd
Content Editor
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Emily Lettieri
Vice President at Connect Media
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Dennis Kaiser
Vice President - Connect Media
Updates
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This summer, Connect CRE is producing a series titled, “Change Agents: Leaders Driving Progress” as a follow-up to last summer’s “Leading in Tough Times” (https://lnkd.in/ePsfsKBN) series. We’ve selected top leaders around the U.S. and across the commercial real estate spectrum to discuss significant changes in the industry and their organizations. In this installment, you’ll hear from Bob Faith, founder, chairman and CEO of Greystar. #cre #multifamily #leadership
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The number of renter households in America grew 1.9% year over year in the second quarter of 2024 to a record 45.2 million, according to a new report from Redfin. The annual growth rate is more than three times faster than the number of homeowner households, which grew 0.6% to a record 86.3 million. Sheharyar Bokhari #cre #multifamily
Renter Population Grows Three Times Faster Than Homeowner Population
connectcre.com
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Nonfarm payrolls increased by 114,000 jobs in July and the unemployment rate rose to 4.3% from 4.1%, the highest since October 2021, the U.S. Labor Department reported Friday. The report was below consensus expectations of 175,000 and a decline from the downward revised June print of 206,000, now revised to just 179,000. This was the lowest print since December 2020. #cre #breakingnews
US July Payrolls Miss Expectations, Market Pricing in 50-bp Cut in September
connectcre.com
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Consistent economic growth and demographic trends sustained multifamily demand at the start of 2024’s third quarter, Yardi Matrix said Thursday. The average U.S. asking rent rose 0.8% year-over-year through July, or $4 to $1,743, a 20-basis-point increase in the growth rate. That includes a resumption of rent growth in high-supply markets where it had been negative, according to the latest Yardi Matrix National Multifamily Report. #cre #multifamily
Multifamily Rent Growth Rate Ticks Upward in July
connectcre.com
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Brookfield Asset Management has agreed to acquire nVent’s thermal management business for US$1.7 billion in cash. London-based nVent announced the agreement Thursday in a news release. Toronto-based Brookfield had yet to comment. Beth Wozniak #cre #finance #crossbordernews #breakingnews
Brookfield Asset Management to Acquire nVent's Thermal Management Business for US$1.7B - Connect CRE Canada
https://www.connectcre.ca
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After more than a year of increasing new demand for office space nationally, VTS determined that a bottom to the market occurred in late 2022 and early 2023, according to the quarterly VTS Office Demand Index (VODI). Nationally, new demand for office space marked its 12th consecutive month of year-over-year growth, ending the second quarter at a VODI of 62, up 17% from a year earlier and a 34% increase from the VODI’s bottoming out in December 2022 and January 2023 at 46. Nick Romito #cre #office
VTS: “Worst is Officially Behind Us” for Office Demand
connectcre.com
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Ares Management Corporation held the final close of Ares Senior Direct Lending Fund III with total equity commitments of approximately $15.3 billion. The fund was oversubscribed compared with its initial target of $10 billion. The total capital base is expected to be about $33.6 billion, which includes equity commitments in related vehicles and anticipated leverage. Mark Affolter #alternativeassets #connectmoney
Ares Raises $34B for Senior Direct Lending Strategy
https://www.connectmoney.com
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The Federal Open Market Committee (FOMC) again held the federal funds rate in a range of 5.25%-5.50% on Wednesday, as widely expected. The Committee has kept rates steady at the last eight consecutive meetings to bring inflation back to the central bank’s 2% target. #cre #finance
FOMC Keeps Rates Unchanged, Shifts to Neutral Stance
https://www.connectmoney.com
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Delinquencies for commercial mortgages declined slightly in the second quarter of 2024, the Mortgage Bankers Association (MBA) reported. By capital source, CMBS loans posted the highest delinquency rate, although it too declined during Q2. Jamie Woodwell #cre #finance
Commercial Mortgage Delinquencies Decline Slightly in Q2
connectcre.com