Lodging Econometrics, Portsmouth, N.H., reported the U.S. hotel construction pipeline grew 2 percent compared to a year ago.
Category: News and Trends
Rising Construction Tide Lifts Office-To-Lab Conversions
CBRE, Dallas, reported a sharp increase in construction of life sciences labs includes big gains in a premium category: conversions of office buildings to labs.
Office Pipeline Evolves Post-Pandemic
The shift to remote and hybrid work is shrinking the new office supply pipeline, but many developers believe the right project in the right location still makes sense, reported Yardi Matrix, Santa Barbara, Calif.
International Investors Target Smaller U.S. Cities
International investors feel increasingly optimistic about U.S. commercial real estate, sparking increased interest in secondary and tertiary markets, said the Association of Foreign Investment in Real Estate, Washington, D.C.
Small-Cap CRE Prices ‘Rationally Tracking’ Fundamentals
Small-cap commercial real estate prices have accelerated at an unprecedented rate but are not overinflated, reported Boxwood Means LLC, Stamford, Conn.
A Look at Lodging with JLL Senior Vice President Christopher Exler
Christopher Exler is Senior Vice President with JLL’s Miami Hotel and Hospitality team, responsible for shaping and executing disposal and origination strategies. He specializes in maintaining investor relationships, monitoring international capital flows, investment advisory and managing the marketing and due diligence process.
Dealmaker: Mesa West Capital Originates $85M for Minneapolis Multifamily
Mesa West Capital, Los Angeles, provided Minneapolis-based multifamily investment firm Bader Diamond Funds with $85 million to acquire Hampshire Hill, a Bloomington, Minn., apartment community.
Healthy Forecast for Commercial Real Estate
Commercial real estate can anticipate post-pandemic growth rooted in strong regional markets and steady commercial and multifamily lending, the Urban Land Institute said.
Personnel News From Slatt Capital, JLL, NorthMarq
Slatt Capital announced Elizabeth Burnett joined its leadership team as Managing Director of Loan Servicing.
STR: Hotel Construction Pipeline Shrinks but Planning Activity Increases
STR, Hendersonville, Tenn., reported hotel rooms under construction fell from one year ago, but noted properties in the planning stage increased significantly.