Commercial real estate investment activity could rebound in 2017, reaching nearly $700 billion from $650 billion in 2016, reported JLL, Chicago.
Category: News and Trends
Transwestern: Change in the Air
The U.S. could see faster economic growth this year than it has experienced in several years–which would affect different commercial real estate sectors differently–said Transwestern, Houston.
Calkain: Single-Tenant Net Lease Cap Rates Increase
Single-tenant net lease cap rates increased 18 basis points in the fourth quarter–the first increase since fourth-quarter 2015–reported Calkain Cos., Herndon, Va.
Hotel Lender 2017 Outlook ‘Cautious’
Most hotel lenders have a “cautious” outlook for the hotel lending environment in 2017, reported STR, Hendersonville, Tenn.
JLL: Data Center Expansion Could ‘Soar’ in 2017
With data consumption skyrocketing, some major cloud providers anticipate the need to triple their data center infrastructure by 2020, reported JLL, Chicago.
PREA: Global Allocations to Real Estate Likely to Rise in 2017
Global institutional investors expect their commercial real estate investment allocations to rise, reported the Pension Real Estate Association, Hartford, Conn.
Avison Young: CRE Cycle Could Reach ‘Extra Innings’
Some analysts have said commercial real estate is showing signs of being late in the game. But Avison Young Chair and CEO Mark Rose said the game could go into extra innings.
Federal Reserve: Economy Expands While CRE Remains Stable
The U.S. economy expanded “modestly” between mid-November and early January, while commercial real estate activity remained stable, the Federal Reserve Beige Book reported.
CREF Highlights
Commercial and multifamily developments and activities relevant to your business and our industry.
Fitch: CMBS Delinquencies Dropped 21% in 2016
The commercial mortgage-backed securities delinquency rate closed out 2016 down 21 percent by balance from year-end 2015, but late-pays could reverse course in 2017, reported Fitch Ratings, New York.
