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Home > Simon Reports Lower Occupancy and Flat Traffic, But Higher Sales and Rents
The vacancy rate for apartment properties in Phoenix was 95 percent in the first quarter, down from 98 percent in the previous quarter, according to Kidder Mathews Meanwhile, rents last quarter increased to $1,525/unit, from $1,514/unit at the end...
A total of 85,921 apartment units were absorbed nationwide in the first quarter, up from 53,210 units at the same time last year, according to Cushman & Wakefield Meanwhile, 116,241 units were delivered through the first three months of 2024,...
Lending volume at the US Department of Housing and Urban Development slowed further during the latest quarter, the second in the agency's fiscal year Only $181 billion of loans were funded during the period, down from $252 billion during the...
Commercial Real Estate Direct Staff Report Asking capitalization rates for net-leased properties averaged 701 percent in the first quarter, according to the Boulder Group That’s up from the 69 percent cap rate posted in last year’s...
Visits to office buildings across the country increased last year by 236 percent when compared with 2022, but remain 368 percent behind visitation volumes in 2019, according to...
CMBS loans against office properties continued to get pushed into special servicing last month, driving overall volumes in special servicing up by 157 percent to $4308 billion To be sure, office loans weren't the only ones with issues The volume of...
Commercial Real Estate Direct Staff Report A sharp drop in deliveries this year should help push the office vacancy rate in New York City lower by 20 basis points to 165 percent, according to a projection by Marcus & Millichap, which tracks some...
Greystar became the country's largest owner of apartments, with a portfolio of 108,566 units, according to a ranking by the National Multifamily Housing Council The Charleston, SC, company jumped past Mid-America Apartment Communities, last year's...
Rialto Capital Advisors was the top buyer of CMBS conduit B-pieces during the first quarter, with the acquisition of the most-subordinate classes of two deals totaling $157 billion Prima Capital was the most-active retainer of risk during the...
Commercial Real Estate Direct Staff Report Just more than 4 million square feet of office space was leased in Manhattan during the first quarter, according to JLL That’s 22 percent less volume that was leased during the same period a year ago...
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© 2023 Commercial Real Estate Direct All rights reserved..
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