Subject: Research (RES)

Commercial Real Estate Direct Staff Report Prices for commercial properties continued their skyward trajectory, climbing another 2.24 percent in September, putting them 12.44 percent higher on the year so far and 16.14 percent greater than they were a year ago, ...

As much as $5 billion of equity has been raised so far this year through the structured tax-deferred exchange market, putting it on track to top $6 billion of capital for the full year, according to Mountain Dell Consulting LLC. ...

Monthly rents at multifamily properties increased in September by $16/unit, or 1 percent from the previous month to $1,558/unit. That's the smallest monthly increase since last May, when they grew by only $12/unit, or 0.8 percent, according to Yardi Matrix.

Commercial Real Estate Direct Staff Report The volume of CMBS loans that are actively managed by special servicers declined for the 12th straight month in September to $41.04 billion, according to Trepp Inc. That amounts to 7.48 percent of the ...

Tenants signed 8.7 million square feet of leases in Manhattan in the third quarter, the largest total since the fourth quarter of 2019, according to CBRE. That was a 104 percent increase from the second quarter, but remains 5 percent ...

Rialto Capital Advisors is leading a ranking of most-active buyers of CMBS conduit B-pieces through the first nine months of the year. But KKR Real Estate Credit Opportunity Partners was the most active retainer of horizontal risk from conduit deals. ...

Commercial Real Estate Direct Staff Report The volume of commercial mortgages outstanding in the United States grew by $60.74 billion, or 1.5 percent during the second quarter, to $3.98 trillion, according to the Mortgage Bankers Association. The increase was driven ...

Municipalities issued permits for 632,000 apartment units in properties with five or more units each in August, according to data from the United States Census Bureau. That's the most for any month since June 2015. But it might not mean ...

Commercial Real Estate Direct Staff Report Commercial property prices in August increased by a record 1.55 percent, as gauged by the Real Capital Analytics Commercial Property Price Index. That's the largest one-month increase in the index since the New York ...

Commercial Real Estate Direct Staff Report The outsized losses that Fitch Ratings is projecting from three loans in the collateral pool of Benchmark Mortgage Trust, 2018-B7, have prompted it to downgrade two of the deal's principal-paying bonds and one interest-only ...