Category: News and Trends

Many believe that Baby Boomers downsizing from single-family homes drive the current apartment boom. But Fannie Mae, Washington, D.C., said Millennials, not Boomers, power the surge.

Employment fundamentals that drive demand for commercial real estate space remain sound, reported Cushman & Wakefield, New York.

Multifamily rents posted a solid increase in February as the average national rate rose $7 to a record $1,175, reported Yardi Matrix, Englewood, Colo.

The U.S. lodging industry could achieve record occupancy level this year, but an increasing number of local markets reflect growing competition, said CBRE Hotels, Atlanta.

Commercial property price indexes diverged in early 2016 as Moody’s and Real Capital Analytics observed price declines while Green Street Advisors and CoStar saw slight price increases.

Real estate investment trusts ended February with relatively flat performance following some ups and downs, reported Trepp, New York. 

More than half the corporate executives surveyed favor talent availability over real estate cost as their top strategic consideration when making real estate location decisions, reported CBRE Group, Los Angeles.

Commercial valuations decreased 26 basis points in February, led by office price drops, said Ten-X, Irvine, Calif.

Homeownership: the American Dream. A vision created in the post-World War II boom, when returning military from the “Greatest Generation” began populating Levittowns and suburbs all over the country. 

Commercial and multifamily real estate activity generally improved since early January, the Federal Reserve reported yesterday in its Beige Book.