Commercial Real Estate Direct Staff Report Multifamily construction starts increased last year to 393,000 units from the 332,000 units that were started in 2024, putting them at a level greater than the 316,000-unit annual average between 2015 and...
Commercial Real Estate Direct Staff Report Empire State Realty Trust Inc recorded 847,598 square feet of office leasing during 2025 That compares with the 127 million sf of leasing it recorded during the previous year But the New York REIT’s...
A total of $471 billion of sale-leaseback transactions were completed during the fourth quarter, according to SLB Capital Advisors That marked the busiest quarter since the first quarter of 2023, when $474 billion of deals were completed...
Conversion and demolition projects last year reduced the inventory of office space in Chicago’s central business district and suburban areas by 890,275 square...
Commercial Real Estate Direct Staff Report Cousins Properties Inc recorded 21 million square feet of leasing last year, marking the office REIT’s best year since 2019 The Atlanta company has benefited from the corporate migration to the...
The nine major apartment-owning REITs were challenged to push rents higher last year, as new leases generally were signed at prices lower than existing...
The national office market recorded positive absorption in last year's final two quarters, a turnaround from the previous 12 quarters of negative absorption But that wasn't enough to offset the first half's negative showing...
Commercial Real Estate Direct Staff Report The average monthly cost to rent an apartment unit during the fourth quarter was $1,182 less than the average cost of owning a home, according to Newmark The brokerage noted that the median mortgage payment...
The volume of CMBS loans that are more than 30 days late with their payments declined in February by 518% from January, to $4276 billion, marking the largest percentage drop in CMBS delinquency since 2022 The driver: office and retail loan...
Commercial Real Estate Direct Staff Report The construction pipeline for data centers in the country’s primary markets declined last year by 56% from 2024 to 5,9944 megawatts of power capacity at the end of last year, according to CBRE That...
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.
