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Home > Trade Group Sees Quarter of NYC’s Hotels Closing Permanently in Next Year
Commercial Real Estate Direct Staff Report Simon Property Group signed 900 leases totaling 3 million square feet during the first quarter, marking the mall REIT’s most active quarter since 2016 The Indianapolis company said it has another 500...
Nine office properties with 4 million square feet in Chicago's central business district traded in the first quarter for a total of $9465 million, making it the most-active quarter since the second quarter of 2018 In contrast, $8856 million of sales...
Commercial Real Estate Direct Staff Report Only 49 percent of office workers are expected to return to their Manhattan offices even after Labor Day, according to a survey of 160 major employers by the Partnership for New York City Taken between...
The volume of CMBS hotel loans in special servicing last month declined by an impressive 175 percent to $834 billion, according to Trepp Inc That's the lowest volume since before the coronavirus pandemic and helped push the overall volume in special...
Commercial Real Estate Direct Staff Report Freddie Mac originated $15 billion of multifamily loans during the first quarter, up from $14 billion during the same period a year ago But because of pay-offs, the housing-finance agency’s portfolio...
Commercial Real Estate Direct Staff Report The national hotel market continues to improve, and some metrics are handily topping levels reached in 2019 Average daily rate during the week through the end of April, for instance, was $14667, according...
Commercial Real Estate Direct Staff Report Rents at apartment properties owned by Mid-America Apartment Communities Inc, or MAA, increased by 124 percent in the first quarter That compares to the 13 percent increase in rents during the same period a...
Commercial Real Estate Direct Staff Report The volume of CMBS loans that are more than 30 days delinquent declined to $2089 billion last month, from $2163 billion in March, according to Trepp Inc That means 351 percent of the $59489 billion universe...
Starwood Capital Group last year added an industry-leading 25,707 apartment units to its portfolio That brings its portfolio to 115,056 units, making it the country's largest owner of apartment properties Its leapfrog into first place pushed...
Commercial Real Estate Direct Staff Report Ladder Capital Corp originated 19 loans totaling $677 million for its balance sheet during the first quarter At the same time, it received $350 million of loan repayments But its balance sheet still grew by...
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