Category: News and Trends

Though April did not add much to U.S. payrolls, the labor market remains in sound condition and could benefit offices and apartments, said Marcus & Millichap, Calabasas, Calif.

Commercial banks continue to add multifamily mortgages to their balance sheets at a strong clip.

U.S. hotel industry revenue topped $189 billion in 2015, up nearly $14 billion from 2014, reported STR, Hendersonville, Tenn.

The office market slowed slightly in early 2016. But as financial markets stabilized later in the first quarter, office-using job growth accelerated, which could signal stronger tenant demand to come, analysts said.

Commercial real estate construction contracted slightly during the first quarter compared to the previous three quarters but remains healthy, reported Reis, New York.

After seven years of a strong bull market, some commercial real estate executives express caution about what lies ahead, reported law firm DLA Piper, New York.

The commercial mortgage-backed securities delinquency rate held steady in April, increasing just one basis point to 4.23 percent, reported Trepp, New York.

Seaborne cargo delivery shifted further east in the past year as East Coast seaports gained against West Coast ports, reported CBRE, Los Angeles.

First quarter global investment volumes fell 14 percent year-over-year to $133 billion, reported JLL, Chicago.

Commercial real estate borrowing and lending started 2016 similarly to 2015. First-quarter commercial and multifamily mortgage loan originations overall were essentially flat compared to the same period last year and–in line with the seasonality of the market–38 percent lower than fourth-quarter 2015, MBA’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations said.