Commercial Briefs

New hotel construction continued at a “rapid” pace in California and Chicago has the greenest commercial real estate in the nation. Details below.

Federal Reserve: CRE Activity ‘Flat to Expanding’

Economic activity expanded “slightly to moderately” in June while commercial real estate activity was flat to expanding in most areas, the Federal Reserve Board’s Beige Book reported yesterday.

New Renters Paying More Than Renewing Tenants

Apartment rents have increased across the country, but market-rate rents for new renters increased more than rents for renewing tenants, reported Zillow, Seattle.

New Renters Paying More Than Renewing Tenants

Apartment rents have increased across the country, but market-rate rents for new renters increased more than rents for renewing tenants, reported Zillow, Seattle.

CMBS Lenders Cast a Wider Net

Commercial mortgage-backed securities lenders are shifting their attention–and their capital–to some alternative U.S. markets, reported Trepp, New York.

Lackluster Second-Quarter Office Performance

The office market continued its “lackluster” pace in the second quarter–recording the lowest quarterly net absorption in three years–said Reis Senior Economist Barbara Byrne Denham.