Quarterly rent growth among the major apartment-owning REITs - 12 companies with 549,956 units - slowed in the first quarter of the year, growing by an average of just less than 1 percent from the fourth quarter That's a slowdown from last year's...
Transaction activity in the sale-leaseback market slowed appreciably in the first quarter, to 173 deals totaling $481 billion, according to SLB Capital Advisors That compares with the $744 billion of deal activity posted in the fourth quarter and...
The volume of CMBS office loans classified as being more than 30 days late skyrocketed by nearly 45 percent last month to $675 billion, propelling the overall volume of delinquency to $2237 billion, or 363 percent of the CMBS universe tracked by...
Rent growth in the multifamily sector nationwide is stabilizing after the record increases achieved following the coronavirus pandemic The country's hottest markets, including Phoenix and Las Vegas, saw asking rents fall in the first quarter They...
Commercial real estate brokers in New York have become even more pessimistic than they had been, according to a survey by the Real Estate Board of New York, or REBNY The trade group, which represents brokers, building owners, managers and developers...
Commercial property prices continued their downward trend, declining by 113 percent in April, according to the MSCI Real Assets Commercial Property Price Index That marks the ninth straight month of declines for the index, a repeat-sales gauge...
Prices for office properties could fall by more than 30 percent from their peaks, according to analysis by Barclays Capital The investment bank warned that the sector could face even greater value declines, given continued high interest rates,...
Leasing activity in the Manhattan office market totaled 736 million square feet in the first quarter, nearly 10 percent less than the 10-year quarterly average of a little more than 8 million sf, according to Colliers The lackluster leasing is...
Commercial Real Estate Direct Staff Report Companies that occupy office space are increasingly requiring that their employees return to their offices, according to CBRE’s Spring 2023 Office Occupier Sentiment Survey The brokerage, which...
The Washington, DC, office market had an availability rate of 217 percent in the first quarter - a record high - according to Savills Meanwhile, its office inventory fell to 1221 million sf from 124 million sf at the same time in 2022...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
