Category: News and Trends

The office market slowed slightly in early 2016. But as financial markets stabilized later in the first quarter, office-using job growth accelerated, which could signal stronger tenant demand to come, analysts said.

Commercial real estate construction contracted slightly during the first quarter compared to the previous three quarters but remains healthy, reported Reis, New York.

After seven years of a strong bull market, some commercial real estate executives express caution about what lies ahead, reported law firm DLA Piper, New York.

The commercial mortgage-backed securities delinquency rate held steady in April, increasing just one basis point to 4.23 percent, reported Trepp, New York.

Seaborne cargo delivery shifted further east in the past year as East Coast seaports gained against West Coast ports, reported CBRE, Los Angeles.

First quarter global investment volumes fell 14 percent year-over-year to $133 billion, reported JLL, Chicago.

Commercial real estate borrowing and lending started 2016 similarly to 2015. First-quarter commercial and multifamily mortgage loan originations overall were essentially flat compared to the same period last year and–in line with the seasonality of the market–38 percent lower than fourth-quarter 2015, MBA’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations said.

Commercial valuations increased 0.6 percent month-over-month in April, bringing them back above their year-end 2015 levels, reported Ten-X, Irvine, Calif.

After delivering a “dynamic” year in 2015, Boston’s office market slowed in early 2016, though its industrial sector continued to thrive, Transwestern reported.

Institutional-quality real estate returned 2.21 percent in the first quarter, down from 2.91 percent in the fourth quarter, the National Council of Real Estate Investment Fiduciaries said.