Commercial Real Estate Direct Staff Report Chatham Lodging Trust’s revenue per available room in the fourth quarter was $4730, a 179 percent decrease from $5760 in the third quarter and a 604 percent drop from $11940 a year earlier Dennis...
Commercial Real Estate Direct Staff Report The amount of office space that’s on the sublease market in Chicago’s central business district has reached 55 million square feet, surpassing the 42 million sf that was available during the...
Commercial Real Estate Direct Staff Report The volume of CMBS loans that are delinquent declined again in January by nearly 3 percent, to $4102 billion from $4218 billion in December, according to Trepp LLC That marked the seventh straight month...
The 100 largest office leases signed last year averaged 290,000 square feet, according to CBRE That was down 313 percent from the 422,000 sf average a year earlier, and could be an indication that office tenants are looking to shrink their...
Commercial Real Estate Direct Staff Report A total of $17 billion of apartment properties changed hands in New York City during the fourth quarter, according to Ariel Property Advisors That was down 292 percent from the same period a year ago, but a...
Parkview Financial, a Los Angeles alternative lender that specializes in providing construction financing for a variety of property types, funded a record $600 million of loans in 2020 It expects at least a similar volume this year, given the robust...
Demand by prospective tenants for office space in certain major markets plunged last year, as a result of lockdowns stemming from the coronavirus pandemic The seven major markets tracked by VTS, a New York company that markets leasing management...
Property owners, investors and lenders have been challenged determining property values, particularly for hotels and retail assets...
The delinquency rate for CMBS hotel loans during the pandemic peaked at 2346 percent in June That compares to the 1946 percent rate recorded in November 2010, more than a year after the Global Financial...
Capitalization rates, or the initial yields that investors require from triple-net leased properties, last year declined to historic lows as interest rates remained low and investors pushed up prices for the safest properties Cap rates have, in...
