Category: News and Trends

Vacant office space held steady at 13 percent during the second quarter, but concession and tenant improvement packages continue to rise as landlords pursue new tenants, CBRE and JLL reported.

Vacant office space held steady at 13 percent during the second quarter, but concession and tenant improvement packages continue to rise as landlords pursue new tenants, CBRE and JLL reported.

Single-tenant net lease sector cap rates increased across all asset classes in the second quarter, reported Boulder Group, Northbrook, Ill.

Only 25 percent of CRE executives said their firms incorporate property tax management into their investment strategy, which increases underperformance risk at both asset and portfolio levels, said Altus Group LTD, Toronto.

The Mortgage Bankers Association released a new MBANow video featuring MBA members who discuss their experiences on Capitol Hill at the recent MBA National Advocacy Conference.

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

New commercial real estate construction activity should improve “moderately” in 2017 and 2018, although at a slower pace than in recent years, said Fitch Ratings, New York.

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.

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