The multifamily sector saw a “typical seasonal slowdown” in the fourth quarter, reported Freddie Mac, McLean, Va.
Category: News and Trends
CREF Highlights
Commercial and multifamily developments and activities relevant to your business and our industry.
Hotels See Record Revenue–But Slowing Growth
U.S. hotel industry revenue reached a record $199 billion last year, up $9 billion from 2015, reported STR, Hendersonville, Tenn. But revenue growth fell significantly.
Yardi Matrix: Multifamily Rents Up But Growth Rate Slowing
Multifamily rents rose slightly in April, but the growth rate slid once again to a point below its long-term average, reported Yardi Matrix, Santa Barbara, Calif.
Former Real Estate Developer Trump Delivering for CRE
The Trump Administration’s early days have been quite good ones for commercial real estate, reported Cushman & Wakefield, New York.
Trepp: CMBS Delinquency Rate Increases Yet Again
The commercial mortgage-backed securities delinquency rate rose again in April as numerous loans reaching their balloon date failed to pay off, reported Trepp, New York.
Single-Tenant Net Lease Cap Rates Back to ‘Familiar Place’
Recent interest rate increases had little effect on single-tenant property cap rates, said NNNet Advisors, San Francisco.
JLL: Office Fit-Out Costs, Tenant Improvement Allowances Vary Widely
Office occupiers need to consider “fit-out” costs and tenant improvement allowances when selecting their office space–and both vary significantly from city to city–said JLL, Chicago.
Ten-X: Technology Drives Industrial Vacancy Rates To Two-Decade Low
Technological shifts in the overall economy are benefiting the industrial sector and pushing vacancy rates to their lowest levels in nearly two decades, reported Ten-X, Irvine, Calif.
Prices Show Strongest Gains Since November
Commercial valuations grew by 1 percent during April, the strongest growth seen since the November presidential election, reported Ten-X, Irvine, Calif.
