CBRE, Dallas, found that average multifamily rent growth slowed to 0.7% year-over-year in the third quarter amid an influx of deliveries of new units.
Tag: CBRE
Tech Industry Leasing More Offices, CBRE Finds
CBRE, Dallas, reported that despite challenges in the sector, the tech industry has reclaimed the largest share of U.S. office leasing in the third quarter.
CBRE Finds Office Conversions More Than Doubling
CBRE, Dallas, found nearly 100 office-conversion projects are slated to be completed in major U.S. cities this year. That’s more than double the average of 41 per year from 2016 to 2022.
Commercial/Multifamily People in the News Sept. 28, 2023
CBRE announced two personnel changes in Debt and Structured Finance.
Data Center Construction Reaches Record High, Driven by AI Growth: CBRE
Demand for data center space overshadowed economic uncertainty and concerns around power availability in the first half of 2023, according to CBRE. Construction of North American data centers reached a record high in part due to the continued growth of artificial intelligence.
Commercial and Multifamily People in the News Aug. 31, 2023
CBRE, Dallas, announced the appointment of Laura Barr as Americas Retail Leader for its Advisory & Transaction Services line of business.
CBRE Reduces Near-Term Hotel Outlook Due to Softer Summer Demand
CBRE, Dallas, reduced its forecast for hotel performance this year as weaker-than-expected summer demand resulted in a shortfall in Q2 2023 revenue per available room.
CBRE Survey Points to Expectations of Commercial Real Estate Price Stabilization
CBRE, Dallas, found in a survey that capitalization rates have begun to level off, and in a release said commercial real estate pricing appears poised to stabilize in the second half of this year.
Commercial/Multifamily People in the News Aug. 17, 2023
Berkadia welcomes new hires in Medical and Life Sciences and Hotels and Hospitality.
CBRE: Multifamily Market Continues to Stabilize
CBRE, Dallas, found the multifamily market showed signs of stabilization in the second quarter.