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Home > Apartment Sector Sees Negative Unit Absorption in 1Q
Commercial Real Estate Direct Staff Report Apartment operating expenses in January had increased by 71 percent from a year ago, according to Yardi Matrix The Santa Barbara, Calif, software and data company said the increase, to $8,950/unit annually...
Figma has agreed to renew its lease for 97,606 square feet of office space at 760 Market St in San Francisco JLL Capital Markets brokered the lease on behalf of the product design and development platform company, while Newmark represented the owner...
Capital-raising for real estate funds during the first quarter remained lackluster, according to Preqin, with only $285 billion of capital raised on behalf of 59 funds that closed during the period That compares with 116 funds that had closed after...
Commercial Real Estate Direct Staff Report Fannie Mae funded $101 billion of multifamily loans during the first quarter, just shy of the $102 billion it funded during the same period a year ago and $112 billion during the fourth quarter The...
The volume of delinquency in the CMBS universe ballooned by 74 percent last month to $2971 billion, according to Trepp Inc, putting that metric at a level not seen since late 2021 as the market was recovering from the Covid lockdowns The office...
Commercial Real Estate Direct Staff Report Owners of office properties in Manhattan, continuing to face lackluster tenant demand for space, had increased the amount of tenant-improvement allowances they offer at both trophy and class-A buildings...
Apartment tenants spent more of their incomes to rent their units this year, with those who choose to rent, but could afford to buy their homes if they wanted to, getting hit hardest The overall rent-to-income ratio increased in March by 20 basis...
Commercial Real Estate Direct Staff Report American Eagle will vacate the 192,322 square feet it occupies at 393-401 Fifth Ave in midtown Manhattan as part of a broader consolidation As reported, the retailer had signed a lease for 338,035 sf at 63...
Commercial Real Estate Direct Staff Report Highwoods Properties Inc had signed 97 office leases for 922,000 square feet during the first quarter, a significant increase from the 520,000 sf of deals inked during the same period a year ago and 698,000...
The Real Deal Bristol Myers Squibb is planning to vacate Woodside Technology Park, a 256,000-square-foot office campus in Redwood City, Calif The New York drug manufacturer’s lease for the entire property is set to mature in March 2027 It...
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© 2023 Commercial Real Estate Direct All rights reserved..
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