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Commercial Real Estate News for Tuesday, June 27

Today’s news tackles the fears commercial brokers face with new high-profile deals breaking out in busy cities like Manhattan and we’ll also dive into the National Asset Services’ 8-month long search to close a deal on a San Antonio multifamily property.

High-Profile Deals Disguising Commercial Real Estate Market’s Anxiety

High- profile deals have the commercial real estate market in a frenzy, while commercial brokers fearing that such large-scale negotiations ultimately result in a ‘lack of depth’ within the market.

National Asset Services Delivers Buyer for Multifamily Property in San Antonio, TX

After an eight-month long search, National Asset Services (NAS) has secured a buyer for a multifamily property in San Antonio, TX with a selling price 32% greater than the average offer.