Latest news with #GreenStreet
National Post
a day ago
- Business
- National Post
Green Street Acquires College House, Expanding Property-Level Coverage into High-Growth U.S. Student Housing Sector
Article content NEWPORT BEACH, Calif. — Green Street, the preeminent provider of commercial real estate intelligence and analytics in the U.S., Canada, Europe, and Australia, today announced the acquisition of College House, a leading provider of property-level data and insights for the U.S. student housing sector. Founded in 2019, College House has built a strong reputation in a fragmented market by offering high-quality, timely, and deeply granular data. Article content The acquisition marks a significant milestone in Green Street's global growth strategy and its continued investment in delivering best-in-class, property-level data across real assets. College House enhances Green Street's robust data platform and deepens its U.S. presence by bringing unrivaled coverage of the fast-growing student housing market. Article content Article content 'Property-level data is foundational to Green Street's strategy,' said Jeff Stuek, CEO of Green Street. 'With the addition of College House, we've extended our leadership into student housing and enhanced our ability to deliver granular insights to our clients. Their best-in-class product is a strong fit for Green Street, and we are proud to join forces with their exceptional team. This acquisition aligns with our global growth strategy and accelerates our vision to provide the most comprehensive commercial real estate intelligence platform in the world.' Article content In the near term, College House expands Green Street's U.S. sector coverage with one of the most trusted sources of student housing data. Over time, it will serve as a strong foundation for the development of new sector-specific analytics, modeling, and benchmarks within Green Street's offering. Article content 'Joining Green Street marks an exciting new chapter for College House,' said Charlie Matthews, Founder of College House. 'Our focus has always been on delivering data transparency and depth to the student housing space. With Green Street's scale, resources, and expertise, we're excited to take our mission to the next level and bring even more powerful analytics and insights to the broader market.' Article content The combination of College House and Green Street platforms will drive deeper sector expertise, insights and analytics for both investors and operators in the Student Housing industry. Article content Green Street was advised by Kirkland & Ellis, LLP. College House was advised by Greenberg Taurig, LLP on the acquisition. Article content About Green Street Article content Green Street is a forward-thinking real assets company at the forefront of transforming the commercial real estate market with cutting-edge predictive analytics, data-driven insights, and actionable intelligence. With over 40 years of expertise, Green Street empowers investors, lenders, and stakeholders across the U.S., Canada, Europe, and Australia to make optimized investment and strategic decisions. Article content Article content Article content Article content Contacts Article content Media Contact: Article content Article content Article content Article content
Business Wire
6 days ago
- Business
- Business Wire
Green Street Elevates IJGlobal's Exclusive Infrastructure & Energy Market Intelligence
LONDON--(BUSINESS WIRE)--Green Street, the leading provider of trusted real asset intelligence and unbiased insights, has significantly enhanced IJGlobal following its acquisition in September 2024. IJGlobal now seamlessly integrates market-moving news with extensive data on transactions, assets, funds, and firms into one intuitive and interconnected platform. This enables investors, developers, advisers and other market participants to access invaluable insights and act decisively, with confidence. 'Now, as part of Green Street, IJGlobal has embarked on an exciting new chapter. The revamped IJGlobal platform is set to deliver first-to-market coverage of news and data across the breadth of the infrastructure finance market, including investors and funds,' said Jeff Stuek, Green Street's CEO. 'These integral updates align IJGlobal with our mission to empower the global real asset industry. By providing a complete infrastructure and energy platform solution, we help our clients quickly access the critical insights they need to identify investment opportunities, secure more deals, and stay ahead of key market drivers.' From the commitment by an LP through fundraising, deployment of capital, asset construction, and an eventual sale or refinancing, the IJGlobal platform adds value at every stage with: 60,000+ Transactions 45,000+ Assets 4,000+ Funds 11,000+ LP profiles 200+ News stories per week For more information, visit the IJGlobal website or Green Street website. About IJGlobal: IJGlobal is a single source of data, intelligence and analysis covering all aspects of the international infrastructure and energy finance industry. IJGlobal delivers news, transaction and investor/fund data, and events for global infrastructure to market participants worldwide, and through a comprehensive database that encompasses all infrastructure transaction participants, exclusive daily news, live League Table rankings, and more. IJGlobal is headquartered in London and was founded in 1997. For more information, please visit About Green Street: Green Street is the leading provider of actionable commercial real estate research, news, data, analytics, and advisory services in the U.S., Canada, Europe, and Australia. For 40 years, Green Street has delivered unparalleled intelligence and trusted data on the public and private real estate markets, helping investors, banks, lenders, and other industry participants optimize investment and strategic decisions. The firm delivers exclusive market information, conclusion-driven insights, and predictive analytics through a SaaS platform. To learn more, please visit
New York Times
23-07-2025
- Business
- New York Times
With Labubus and a Cat Cafe, a Shopping Mall Thrives in New York City
On a warm Tuesday afternoon in Queens, '90s hits were blaring and the mall was bouncing. On the upper level, a family ate a late lunch around a cauldron of soup. Near the atrium, a girl chased neon tiles flashing on an interactive floor. In the cat cafe, a woman sought a relaxing moment with Dina, a gray-and-tan rescue dozing against a window. Welcome to Tangram: a 275,000-square-foot indoor shopping center in the middle of Flushing that is defying the slow death march of the American mall. Across the country, about 10 malls close every year. Only 950 remain open nationwide today, down from a peak of several thousand at the end of the 20th century, according to Green Street, a real estate research firm. Many are now empty relics of American consumerism, conjuring memories of anchor department stores and after-school hangouts. Those that are hanging on, like the Kings Plaza Shopping Center in Brooklyn, are increasingly hollowed out. On a recent visit to Kings Plaza, there were few shoppers, 11 vacant storefronts and a boarded-up space where a McDonald's used to be. Want all of The Times? Subscribe.
Mint
21-06-2025
- Business
- Mint
Commercial Real Estate Distress Is Spreading: Credit Weekly
(Bloomberg) -- The pain in US commercial real estate credit continues to bubble to the surface after a surge in borrowing costs and the rise of work from home left lenders vulnerable to losses. Delinquencies continue to increase, though the rate has moderated, researcher Green Street said this past week. Distress is also climbing, rising 23% to more than $116 billion at the end of March from a year earlier, data compiled by MSCI Real Capital Analytics show. That's the highest in more than a decade. Investors including Victor Khosla of Strategic Value Partners LLC have warned that debt maturities will lead to a 'tsunami' of problems for US offices in particular. There are signs that's spreading. The past-due and nonaccrual rate for commercial real estate portfolios reached the highest since 2014 earlier this year, the Federal Deposit Insurance Corp. wrote in a report last month, citing multifamily as an increasing source of pain. Past-due and nonaccrual loans are so far past due that banks have stopped booking interest owed because they doubt they'll ever receive it. Policy uncertainty, meanwhile, is also holding back activity in the underlying market as businesses delay decisions across districts, the Federal Reserve noted in its May Beige Book survey. For example, some of the reserve banks stated that demand for warehouses was affected by the potential impact of tariffs. Click here to listen to a podcast on the dangers facing private debt funds when the cycle turns The proposed Section 899 'revenge tax' in President Donald Trump's tax-and-spending bill could also 'trigger wider foreign investor pullbacks, impacting all US real estate lenders,' said Harsh Hemnani, a senior analyst at Green Street. German commercial property lender Deutsche Pfandbriefbank AG announced this past week that it's quitting the US market and will wind down, securitize or sell its €4.1 billion ($4.7 billion) portfolio there, warning it could make a loss this year due to the expected cost of the decision. Still, 'the timing of the exit likely indicates a belief that current market conditions offer a favorable window for divestment' amid improved liquidity and competition in the debt market, Hemnani said. That's in part because direct lenders have been raising more capital to invest in CRE, a trend that's causing some wariness. On Thursday, the Financial Stability Board cautioned that shadow lending to the industry globally 'may amplify and transmit shocks to banks.' Some traditional lenders continue to kick the can down the road in the US rather than take impairments. The wall of CRE debt continues to rise, in part because some credit providers have extended the duration of loans, the Mortgage Bankers Association said on Tuesday. Another headwind for traditional lenders is large unrealized losses on securities portfolios that they're holding to maturity or seeking to offload, with the FDIC saying last month that the losses stand at more than $410 billion. CRE is likely to be a similar source of pain. Loss rates on commercial and residential mortgage-backed securities suggest the unrealized losses on banks' mortgage books are likely to be as large or larger than in securities, academics including Lawrence White of New York University's Stern School of Business wrote last week. --With assistance from John Gittelsohn and Patrick Clark. More stories like this are available on
Bloomberg
21-06-2025
- Business
- Bloomberg
Commercial Real Estate Distress Is Spreading: Credit Weekly
The pain in US commercial real estate credit continues to bubble to the surface after a surge in borrowing costs and the rise of work from home left lenders vulnerable to losses. Delinquencies continue to increase, though the rate has moderated, researcher Green Street said this past week. Distress is also climbing, rising 23% to more than $116 billion at the end of March from a year earlier, data compiled by MSCI Real Capital Analytics show. That's the highest in more than a decade.
