Chicago's central business district last year suffered 25 million square feet of negative absorption, or the vacancy of previously occupied space That's a record for the city, according to MB Real Estate, and compares to the 14 million sf of...
The country's Sunbelt region saw outsized increases in multifamily rents last year, driven by inmigration Developers simply couldn't keep up with demand in the area Investors, meanwhile, have driven property valuations skyward Demand is expected to...
The construction pipeline for hotel rooms in the United States declined in size in the fourth quarter by 10 percent to 581,953 when compared to a year earlier, according to Lodging Econometrics The Portsmouth, NH, advisory company said the number of...
Blackstone Real Estate Income Trust Inc raised $1651 billion of equity from investors last year through September, according to a tally by Blue Vault Partners Starwood Real Estate Income Trust Inc, meanwhile, raised $364 billion The two accounted...
Property sales volume in last year's fourth quarter totaled a whopping $3256 billion - 97 percent more than the same period a year earlier - bringing full-year volume to $80871 billion, according to Real Capital Analytics The full-year volume was up...
Commercial Real Estate Direct Staff Report Prices for commercial properties last year ballooned by 2293 percent, according to Real Capital Analytics That’s the largest annual increase ever recorded by the New York research company, whose...
New York Post Despite indications that more New York City employers are becoming more flexible when it comes to allowing employees to work remotely, companies in the city continue to renew their office leases For instance, law firm Fried Frank...
Commercial Real Estate Direct Staff Report Rents for retail space in the 16 retail corridors tracked by CBRE declined by 12 percent in the fourth quarter, to $597/sf That was the 17th straight quarter in which rents had declined And if you count the...
The 575 properties that were re-appraised last year saw a 344 percent decline in volume By sector, retail was the hardest hit, suffering a 437 percent drop in appraised...
Monthly rents at multifamily properties increased in December by $2/unit, or 01 percent from the previous month, to $1,594/unit That’s the smallest monthly increase seen for all of 2021, according to Yardi Matrix In November, rents nationwide...
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.
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