Subject: Research (RES)

A total of $68.44 billion of commercial properties changed hands during the third quarter, according to Real Capital Analytics. That's a 57 percent decline from the $161 billion of sales recorded during the same period a year earlier. But it's ...

Commercial Real Estate Direct Staff Report A total of 16.1 million square feet of office leases were signed in Manhattan during the first three quarters of 2020, a 42.1 percent decline from the 27.8 million sf during the same period ...

Shopping malls continue to face challenges, but well-capitalized sponsors increasingly have been able to negotiate modifications for loans against properties that had performed strongly before the coronavirus pandemic.

Commercial Real Estate Direct Staff Report Owners of apartment properties lost an estimated $9.2 billion of revenue from missed rental payments in the third quarter, according to a study by the Mortgage Bankers Association. That was up slightly from the ...

Commercial Real Estate Direct Staff Report The average asking rent for ground-floor retail spaces in Manhattan declined in the third quarter by 12.8 percent when compared with last year, to $659/sf, according to CBRE. That represented a 4.2 percent decline ...

Crain's New York Business The vacancy rate for Manhattan apartment properties last month increased to 6 percent, according to a report from Douglas Elliman. That's up from 2 percent last September and 5.1 percent in August. Meanwhile, the average monthly ...

The volume of CMBS loans in special servicing increased by 3.9 percent last month, to 1,885 loans with a balance of $56.37 billion from $54.25 billion in August, according to Trepp LLC. That amounts to 10.48 percent of the $537.67 ...

Commercial Real Estate Direct Staff Report The volume of Freddie Mac apartment loans that have terminated their forbearance agreements, by paying off any amounts due, last month exceeded the volume of loans requesting forbearance. As a result, the total volume ...

Commercial Real Estate Direct Staff Report Prices for commercial properties increased marginally last month, according to Real Capital Analytics' Commercial Property Pricing Index, halting what had become a four-month decline in pricing. Prices, as gauged by the national all-property index, ...

Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency as of the end of last month classified 4,964 CMBS loans with a balance of $92.93 billion, or 27.35 percent of the non-defeased loans in the CMBS 2.0 universe, as ...