Category: News and Trends

Conservatism has swept over the real estate investment trust sector, reported Fitch Ratings, New York.

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BGC Partners, London, agreed to acquire Berkeley Point Financial LLC, New York, for $875 million.

Manhattan offices saw a “soft” second quarter as office leasing velocity fell 32 percent year-over-year, reported Avison Young, Toronto.

Commercial real estate executives’ sentiments dipped slightly compared to six months ago, reported RCLCO, Los Angeles.

Despite a “sluggish” start to the year, private-label commercial mortgage-backed securities volume finished the first half at $34.4 billion–up 27.8 percent year-over-year, reported Kroll Bond Rating Agency, New York.

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.

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.