U.S. hotel performance should start to accelerate soon despite a sluggish summer and third quarter, according to CBRE, Dallas.
Tag: CBRE
Commercial and Multifamily People in the News Nov. 14, 2024
Industry personnel news from JLL, CBRE and Merchants Bank.
CBRE: Strong Office Conversion Pipeline Will Boost Downtowns
CBRE, Dallas, said office conversions have had a great 2024, with 73 completed and another 30 scheduled for delivery by year-end–the most since the firm began tracking conversion projects eight years ago.
CBRE: Multifamily Market Sees Vacancy Rate Decline
CBRE, Dallas, reported the U.S. multifamily market’s vacancy rate fell in the third quarter for the first time in more than two years, with renter demand outpacing new supply deliveries.
Commercial and Multifamily People in the News Oct. 24, 2024
Industry personnel news in the commercial and multifamily sector from KBRA and CBRE.
Commercial/Multifamily Briefs, Oct. 17, 2024
Commercial and multifamily industry news from CBRE, HUD and Fannie Mae.
Commercial and Multifamily People in the News Sept. 19, 2024
Industry personnel news from Merchants Bancorp, CBRE, JLL and Peachtree Group.
CBRE: Office Lease Concessions Decline for First Time in 4 Years
The value of office-leasing concessions – including months of free rent – began to decline in the first half of this year and may be near a peak, according to a new report from CBRE, Dallas.
CBRE: North American Data Center Vacancy Rates at Record Low Despite Booming Supply
CBRE, Dallas, found North American data center supply grew strongly in the first half of 2024, but availability continued to tighten as demand related to cloud computing and artificial intelligence more than offset the new supply.
More Companies Shifting Office Strategies, CBRE Finds
More companies are shifting their office portfolio strategy toward expansion after focusing on contraction since the pandemic, according to a new CBRE survey.