Rent collections at professionally managed apartment properties finished last month at a 946 percent rate, according to the National Multifamily Housing Council’s Rent Payment Tracker That’s a 04 percentage-point drop from the 95 percent...
Just as the uncertainty about how different property types would fare has faded as the pandemic passes, questions about the post-pandemic impacts on different property sectors are already beginning to be answered as the economy...
Employees are slowly returning to the office However, many companies already have instituted a hybrid work model, which could have a lasting affect on the United States office...
Many hotels have either yet to reopen or are just reopening Yet capital, be it equity or debt, to buy or recapitalize properties is plentiful Loan spreads have tightened by 150 basis points or more over the past 30-45...
Commercial Real Estate Direct Staff Report The vacancy rate for the nation’s professionally managed apartment units increased last year to 53 percent – its highest level since 2011 – from 47 percent in 2019, according to...
Vacancies rose and rental rates dropped in cities like New York, Chicago and Los Angeles Meanwhile, occupancies and rents were on the rise in southern US cities, like Atlanta and Tampa,...
The national hotel occupancy rate climbed to 66 percent for the week through June 12, according to STR That’s a marked increase from the previous week’s 619 percent rate and puts it just shy of the 661 percent level recorded for all of...
Developers are increasing the size of apartment units in more than one-third of the country’s markets by an average of 48 square feet, according to analysis by RentCafe One-bedroom units that are under construction in 33 of the 92 markets...
Monthly rents for apartments nationwide increased in May by $12/unit from the month before, to $1,428/unit, according to Yardi Matrix That marks the largest one-month increase in rents since at least 2007 The largest one-month increase before May...
Commercial Real Estate Direct Staff Report Tenants at Manhattan office buildings added 800,000 square feet of sublease space to the market last month, the lowest monthly volume since May 2020, according to CBRE The company also found that 2 million...
