The data used in a story published on April 9, “HUD Funded Near-Record Volume of Multifamily Loans in Calendar 2020,” misrepresented origination volumes for certain HUD lenders The volume of HUD loans originated by Orix Real Estate...
Commercial Real Estate Direct Staff Report Property sales volume totaled $967 billion for the first quarter, down 28 percent from the $1348 billion of volume recorded during the same period a year ago, according to Real Capital Analytics The volume...
Multifamily rents increased by 08 percent in the first quarter when compared to the last three months of 2020, making it among the strongest first quarters in terms of rent growth in years, according to Yardi Matrix The increase comes as jobless...
The national hotel occupancy rate skyrocketed by nearly 2 percentage points for the week through April 10, to 597 percent, according to STR That’s the highest level of the year The sector has been on a weeks-long positive trend, in terms of...
Commercial Real Estate Direct Staff Report The average asking rent for ground-floor retail space in Manhattan was $618/sf in the first quarter, down 134 percent from a year earlier, according to CBRE That was a 51 percent decrease from the fourth...
A total of $605 billion of net-leased properties changed hands last year, down from $80 billion in 2019, according to CBRE But that lower volume amounted to 148 percent of the $4054 billion of total property sales completed last year – a...
The US Department of Housing and Urban Development funded $2054 billion of multifamily loans during the last calendar quarter That was 1338 percent more than the $1812 billion it had funded in 2019 The 1,152 loans it funded had a weighted average...
Commercial Real Estate Direct Staff Report A total of 425 million square feet of office leases were signed in Manhattan in the first quarter, a 481 percent decline from the 819 million sf of leases inked at the same time last year, according to CBRE...
Commercial Real Estate Direct Staff Report The national hotel occupancy rate was flat at 579 percent for the week ending April 3, according to STR It marks the fourth straight week in which occupancy has topped 50 percent, but is 1 percentage point...
The volume of CMBS loans in special servicing declined yet again last month, to $5111 billion, according to Trepp LLC That's down 164 percent from the $5196 billion of loans that were in special servicing in February Hotel and retail loans continue...
