Category: News and Trends

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.

Commercial and multifamily developments and activities relevant to your business and our industry.

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.

Commercial real estate executives are especially bullish on industrial and multifamily assets in 2017, reported Altus Group, Toronto.

Last year saw near-record multifamily demand and strong occupancy despite rising completions, reported RealPage, Richardson, Texas. But rent growth is starting to slow.

The 2017 outlook for U.S. commercial real estate capital markets remains favorable, said CBRE, Los Angeles.

This year offers “mixed blessings” for U.S. hotels, with near-record occupancy levels projected but average daily room rates that will likely continue to level off, predicted CBRE Hotels, Atlanta.

Retail sector single-tenant net lease cap rates increased in the fourth quarter for the first time since 2013, reported Boulder Group, Northbrook, Ill.

This year offers “mixed blessings” for U.S. hotels, with near-record occupancy levels projected but average daily room rates that will likely continue to level off, predicted CBRE Hotels, Atlanta.

Although Commercial Mortgage-Backed Securities 2.0 property cash flows remain strong, participants should watch property performance in a peaking market, noted Fitch Ratings, New York.