Tag: Sector

Why Beijing won’t bail out its real estate sector

October 25, 2022 admin

Many Chinese developers have halted or delayed construction on presold homes due to cash flow problems. Pictured here is a property construction site in Jiangsu province, China, on Oct. 17, 2022.

Future Publishing | Future Publishing | Getty Images

BEIJING — China’s central government is not likely to spend billions to save the struggling real estate sector, even if foreign investors are hoping for a massive bailout, analysts said.

A year after Chinese developer Evergrande‘s debt problems began rattling investors, the country’s real estate troubles have only gotten worse. Some homebuyers refused to pay their mortgages due to construction

Real Estate

Home improvement sector still strong despite less in-store foot traffic

September 4, 2021 admin

You might have woken up on Tuesday to headlines about The Home Depot’s shares falling, but there’s more to the story.

While its shares fell nearly 5% due to a 5.8% drop in customer transactions, Ethan Chernofsky, VP of marketing at Placer.ai, told Retail Brew this is hardly cause for concern.

“The home improvement sector saw such an insane surge that it was almost by definition going to see some sort of return to normalcy,” he said. “Home Depot and Lowe’s both are seeing visits still significantly higher than they were in 2019.”

By the numbers: The home improvement companies

Home Improvement

White Oak Global Advisors Announces Launch of White Oak Real Estate Capital to Expand Its Credit Offerings Into the Commercial Real Estate Sector

July 28, 2021 admin

NEW YORK, July 26, 2021–(BUSINESS WIRE)–White Oak Global Advisors (“White Oak”) announced today that it has brought on Eric Tanjeloff as Managing Principal to lead White Oak Real Estate Capital (“WOREC”), a newly formed affiliate focused on credit opportunities in commercial real estate. WOREC will initially focus on direct loan origination secured by high quality real estate assets in the U.S. The affiliate will provide owners of transitional assets flexible capital to execute value add and opportunistic business plans, ranging from ground up construction to acquisition and lease-up bridge loans. WOREC will lend tactically against a broad

Real Estate