Category: News and Trends

Commercial real estate assets prices rose slightly in February. But analysts said moderating space absorption and slowing transaction volume indicate the commercial real estate cycle is maturing.

The apartment vacancy rate climbed 0.1 percent to 4.7 percent in the first quarter while net absorption and new completions fell to the lowest quarterly levels in three years, reported Reis, New York.

In past real estate cycles, developers have overbuilt just as the economy slowed down, leading to a glut of space. But Cushman & Wakefield Principal Economist Ken McCarthy predicts history will not repeat itself this time.

Single-tenant net lease sector cap rates remained relatively stable in the first quarter across the retail, office and industrial sectors, reported Boulder Group, Northbrook, Ill.

StepStone Real Estate acquired Courtland Partners Ltd. and the firms are now fully integrated. The firms announced a merger agreement in December.

Commercial real estate and real estate finance markets were steady during the fourth quarter, the Mortgage Bankers Association Fourth-Quarter 2017 Commercial/Multifamily DataBook reported.

Commercial and multifamily developments and activities from MBA relevant to your business and our industry.

Commercial/multifamily mortgage debt outstanding at the end of 2017 rose by 6.7 percent to $3.18 trillion, $200.3 billion higher than a year ago, the Mortgage Bankers Association reported.

With the outlook for job creation and overall economic growth rising, demand drivers supporting hotels remain positive, reported Marcus & Millichap, Calabasas, Calif.

No state has an adequate supply of housing for the lowest-income renters, The National Low-Income Housing Coalition reported.