The national hotel occupancy rate skyrocketed by nearly 2 percentage points for the week through April 10, to 597 percent, according to STR That’s the highest level of the year The sector has been on a weeks-long positive trend, in terms of...
IPI Partners, a Chicago real estate investment manager focused on the digital real estate sector, has raised $38 billion of equity commitments for its second fund The vehicle, IPI Partners II, is pursuing data centers, communications towers and...
The structured tax-deferred exchange market, which in 2020 saw $344 billion of capital raised, is having an apparent banner follow-up year so far A total of $13 billion was raised by 33 sponsors during the first quarter, according to Mountain Dell...
Commercial Real Estate Direct Staff Report The average asking rent for ground-floor retail space in Manhattan was $618/sf in the first quarter, down 134 percent from a year earlier, according to CBRE That was a 51 percent decrease from the fourth...
A total of $605 billion of net-leased properties changed hands last year, down from $80 billion in 2019, according to CBRE But that lower volume amounted to 148 percent of the $4054 billion of total property sales completed last year – a...
The US Department of Housing and Urban Development funded $2612 billion of multifamily loans last year - a whopping 672 percent increase from the $1562 billion volume it recorded in 2019 The 1,499 loans it funded had a weighted average coupon of...
Commercial Real Estate Direct Staff Report A total of 425 million square feet of office leases were signed in Manhattan in the first quarter, a 481 percent decline from the 819 million sf of leases inked at the same time last year, according to CBRE...
Commercial Real Estate Direct Staff Report The national hotel occupancy rate was flat at 579 percent for the week ending April 3, according to STR It marks the fourth straight week in which occupancy has topped 50 percent, but is 1 percentage point...
MCR Hotels, which owns 100 properties with more than 13,000 rooms in 30 states, is in the market to raise $450 million of equity investments for its second investment fund It's a follow-up to a vehicle that had raised $300 million in 2018 and...
The volume of CMBS loans in special servicing declined yet again last month, to $5111 billion, according to Trepp LLC That's down 164 percent from the $5196 billion of loans that were in special servicing in February Hotel and retail loans continue...
