The WPJ

North America Commercial Real Estate News

North America Commercial

New York City Enters New Era of Office-to-Residential Conversions

A new report from CBRE reveals that New York City is undergoing a dramatic surge in office-to-residential conversions, signaling a transformative shift in the city's real estate landscape.

World Property Ventures Plans New Capital Raise

Michael Gerrity, Founder and CEO of World Property Ventures (WPV), announced this week the company is preparing to launch a new capital raise later this summer. The funding round aims to scale WPV's global protech development operations and accelerate the formal launch of its new real estate investment banking subsidiary, World Property Bank (WPB).

U.S. Commercial Real Estate Lending Rebounds Sharply in Early 2025

Based on CBRE's latest research, U.S. commercial real estate lending posted a strong comeback in the first quarter of 2025, buoyed by a surge in bank activity, tighter loan spreads, and increased financing demand. Despite lingering caution around federal policy and economic uncertainty, the market showed notable resilience.

U.S. Multifamily Housing Confidence Declines in Early 2025

Confidence in the U.S. multifamily housing market weakened in the first quarter of 2025, according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).

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