Subject: Research (RES)

A record 495 million square feet of industrial space was delivered throughout the country last year, according to Cushman & Wakefield. That's a whopping 39 percent more than the previous record of 355.8 million sf of deliveries, which took place ...

Commercial Real Estate Direct Staff Report The CMBS delinquency numbers for January improved slightly from the month before, with the total volume of loans that are more than 30 days late with their payments declining by 2.84 percent to $18.15 ...

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 ...

Commercial Real Estate Direct Staff Report Downtown Chicago's office vacancy rate jumped to 20.7 percent at the end of 2022, putting it at its highest level ever, according to Colliers. It was up from 20.3 percent in the third quarter ...

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 housing-finance ...

Nearly $109 billion of floating-rate CMBS loans mature this year, according to analysis by Kroll Bond Rating Agency. While more than 90 percent of that volume is eligible to be extended, those loans generally are required to have interest-rate caps ...

Asking capitalization rates for net-leased properties in the retail, office and industrial sectors have now increased for three consecutive quarters to an average 6.52 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 $729.81 billion, according to MSCI Real Assets. Last year's volume is the second-highest on record. Prices, meanwhile, have begun to soften, while capitalization rates have started ...

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 Boxwood Means ...

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,” ...