Subject: Research (RES)

The national hotel occupancy rate skyrocketed by nearly 2 percentage points for the week through April 10, to 59.7 percent, according to STR. That's the highest level of the year. The sector has been on a weeks-long positive trend, in ...

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 13.4 percent from a year earlier, according to CBRE. That was a 5.1 percent decrease from the ...

A total of $60.5 billion of net-leased properties changed hands last year, down from $80 billion in 2019, according to CBRE. But that lower volume amounted to 14.8 percent of the $405.4 billion of total property sales completed last year ...

The U.S. Department of Housing and Urban Development funded $26.12 billion of multifamily loans last year - a whopping 67.2 percent increase from the $15.62 billion volume it recorded in 2019. The 1,499 loans it funded had a weighted average ...

Commercial Real Estate Direct Staff Report A total of 4.25 million square feet of office leases were signed in Manhattan in the first quarter, a 48.1 percent decline from the 8.19 million sf of leases inked at the same time ...

Commercial Real Estate Direct Staff Report The national hotel occupancy rate was flat at 57.9 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 ...

The volume of CMBS loans in special servicing declined yet again last month, to $51.11 billion, according to Trepp LLC. That's down 1.64 percent from the $51.96 billion of loans that were in special servicing in February. Hotel and retail ...

Commercial Real Estate Direct Staff Report Braemar Hotels & Resorts Inc., which owns 13 luxury hotels in six states, said revenue per available room last month amounted to $204, for an increase of 90 percent over last year. However, that ...

Commercial Real Estate Direct Staff Report REITs that own retail properties, which on average had collected only 68.2 percent of their rents in last year's second quarter as coronavirus-driven lockdowns were at their peak, increased their collection rates to more ...

Commercial Real Estate Direct Staff Report The CMBS delinquency picture continued to improve in March, with the volume of loans that are more than 30 days late with their payments declining by more than $1.1 billion to $35.66 billion, according ...