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.
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).
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.
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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