Commercial Real Estate Direct Staff Report SL Green Realty Corp signed 33 leases for 196,421 square feet in Manhattan during the fourth quarter, down sharply from the 52 leases totaling 573,806 sf during the same period a year ago But the New York...
Commercial Real Estate Direct Staff Report Downtown Chicago’s office vacancy rate jumped to 207 percent at the end of 2022, putting it at its highest level ever, according to Colliers It was up from 203 percent in the third quarter and 179...
Commercial Real Estate Direct Staff Report Fannie Mae last year funded $69 billion of financing for apartment properties, just less than the nearly $70 billion it had originated in 2021 and far less than its $78 billion lending cap The...
Commercial Real Estate Direct Staff Report The $15987 million CMBS loan against the 988,646-square-foot office building at 301 South College St in Charlotte, NC, has transferred to special servicing because it’s expected to default at its May...
Asking capitalization rates for net-leased properties in the retail, office and industrial sectors have now increased for three consecutive quarters to an average 652 percent in the fourth quarter, according to the Boulder Group...
Commercial property sales last year declined by 15 percent from 2021's record level, to $72981 billion, according to MSCI Real Assets Last year's volume is the second-highest on record Prices, meanwhile, have begun to soften, while capitalization...
Commercial Real Estate Direct Staff Report Capitalization rates for relatively small commercial properties – those with up to 50,000 square feet each – increased in the fourth quarter for three of the four major property types tracked by...
Commercial Real Estate Direct Staff Report Macerich Co has negotiated another three-year term extension of the $300 million mortgage against the Santa Monica Place shopping mall in Santa Monica, Calif The loan, securitized through Wells Fargo...
The transition to the post-pandemic era of commercial real estate is coming in waves It's a good bet that once market participants see stability in both interest and capitalization rates, they’ll be ready to say, “the past is the past,” and...
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.
Subscribe to our Weekly Newsletter!
