U.S. commercial real estate in first-half 2017 lagged slightly compared to one year ago, reported Avison Young, Toronto.
Category: News and Trends
3Q Single-Tenant Net Lease Cap Rates Decrease
Single-tenant net lease sector cap rates decreased for the first time across all asset classes in the third quarter, reported Boulder Group, Northbrook, Ill.
Apartment Rent Growth Stable; Occupancy Remains Tight
U.S. apartment rents saw flat rent growth in September but moderate third-quarter growth, said RealPage, Richardson, Texas, and Yardi Matrix, Santa Barbara, Calif.
Stability–But Caution–in Hotel Sector
The hotel sector continues to display stability, “but with a dose of caution regarding future growth,” said US Realty Consultants, Columbus, Ohio.
September CMBS Delinquency Rate Drops Again
The commercial mortgage-backed securities delinquency rate fell again in September–the third straight month–reported Trepp LLC, New York.
Renting vs. Buying: The Roommate Factor
Trulia, San Francisco, notes it’s a better deal to buy than rent in America’s largest housing markets–and for much of that time it hasn’t been close. But does the equation change for renters who share their rent with a roommate? The answer: it depends a lot on where you live.
Office Vacancy Rate Declines Slightly, Led by Suburbs
Vacant office space declined by 10 basis points during the third quarter to 12.9 percent, reported CBRE, Los Angeles.
MBA: 2Q C/MF Mortgage Debt Rises to $3.06 Trillion
Total commercial/multifamily mortgage debt outstanding rose to $3.06 trillion at the end of the second quarter, an increase of $48.7 billion, or 1.6%, from the first quarter, the Mortgage Bankers Association reported this week.
MBANow: MBA SVP Bill Killmer on MAA Action Week
The Mortgage Bankers Association released two new MBANow videos featuring MBA Senior Vice President of Legislative and Political Affairs Bill Killmer, who discusses the MBA Mortgage Action Alliance “Action Week” (Oct. 2-6).
DLA Piper: CRE Optimism Slips
Optimism among U.S. commercial real estate executives continues to slip from its 2014 high point, DLA Piper’s 2017 State of the Market Survey reported.
