Subject: Research (RES)

The national office market recorded positive absorption in last year's final two quarters, a turnaround from the previous 12 quarters of negative absorption. But that wasn't enough to offset the first half's negative showing.

Commercial Real Estate Direct Staff Report The average monthly cost to rent an apartment unit during the fourth quarter was $1,182 less than the average cost of owning a home, according to Newmark. The brokerage noted that the median mortgage ...

The volume of CMBS loans that are more than 30 days late with their payments declined in February by 5.18% from January, to $42.76 billion, marking the largest percentage drop in CMBS delinquency since 2022. The driver: office and retail ...

Commercial Real Estate Direct Staff Report The construction pipeline for data centers in the country's primary markets declined last year by 5.6% from 2024 to 5,994.4 megawatts of power capacity at the end of last year, according to CBRE. That ...

Lending under the U.S. Department of Housing and Urban Development's various multifamily and healthcare property programs increased by more than half during its last fiscal year to $15.76 billion.

Last year marked the second in a row in which the sales volume of apartment properties increased. Signs indicate that volumes should continue increasing.

Vornado Realty Trust Inc. leased 3.7 million square feet of office space at its Manhattan properties last year, marking its best year in more than a decade. In 2024, it leased 2.65 million sf.

Commercial Real Estate Direct Staff Report Last year, Colorado House Bill 25-1090: Protections Against Deceptive Pricing Practices, was signed into law. The legislation, which went into effect at the start of January, requires businesses to present consumers with a product's ...

Commercial Real Estate Direct Staff Report The Mortgage Bankers Association expects total commercial mortgage originations to jump by another 27.1% this year, to $805.4 billion. Last year's volume spiked by 27.2% from 2024 to $644.7 billion, with $330.6 billion of ...

A total of 38 CMBS loans with a balance of $2.27 billion transferred to special servicers in January. At the same time, special servicers worked out or otherwise resolved 44 loans with a balance of $2.01 billion.