Commercial real estate asset prices grew in July, Real Capital Analytics, Green Street Advisors and CoStar said in separate reports.
Category: News and Trends
CBRE: Asian CRE Investment Gains Momentum
Asian outbound commercial real estate investment posted significant year-on-year gains in first-half 2017, reported CBRE, Los Angeles.
Commercial/Multifamily Briefs
Online real estate marketplace Ten-X Commercial partnered with CRE direct lender Money360 to offer financing for properties available for sale.
Construction Delays Supporting Multifamily Rents
Average multifamily monthly rents were largely flat in August amid slowing new property completions, said YardiMatrix, Santa Barbara, Calif.
Forecasts See Modest Hotel Market Growth
The U.S. hotel industry should see continued “modest” growth through 2018, said separate reports from STR and Fitch Ratings.
MBA Urges Senate to Move on HUD Nominees
The Mortgage Bankers Association urged Senate leadership to act on key pending nominations at HUD, saying the department needs experienced leaders in place without delay.
Multifamily Rent Growth Softens As Deliveries Peak
Apartment rent growth across the country softened through first-half 2017 as quarterly deliveries get set to peak this quarter, JLL and Real Capital Analytics said.
Marcus & Millichap/NREI: CRE Investor Sentiment Slips
Commercial real estate investor sentiment is cooling gradually, the Marcus & Millichap/NREI Investor Sentiment Survey found.
Commercial/Multifamily Briefs
Cushman & Wakefield acquired 20 VIC Management Inc., a Canadian commercial real estate management firm servicing pension funds, private equity firms and high-net-worth investors.
Aging Population Boosting Demand for Medical Office Buildings
An aging population is boosting demand for medical office properties, reported CBRE, Los Angeles.