Commercial Real Estate Prices Rise Again

Real Capital Analytics, New York, reported all four major commercial real estate types posted double-digit annual price growth in August.

Commercial/Multifamily Briefs from Green Street, Freddie Mac

Green Street, Newport Beach, Calif., added U.S. Sales Comps to its web-based intelligence and analytics platform. Green Street’s U.S. Sales Comps provides accurate and comprehensive coverage of transactions valued at $5 million and up, plus proprietary macro, sector and market analytics.

Quote

“With the economy on stable ground and many property investors paying interest at 2 percent per year or less, further price gains are almost a certainty.”
–Peter Rothemund, Managing Director at Green Street.

1Q Distressed CRE Debt Drops

More U.S. commercial real estate distress was worked out than arose in the first quarter, sector analysts reported.

CRE Property Prices Climbing Again

Commercial property price appreciation is comparable to that seen before the country’s initial Coronavirus lockdown last year, reported Real Capital Analytics, New York.

Retail, Office Prices Drop as Apartment, Industrial Gain

Real Capital Analytics, New York, reported commercial real estate price growth increased at a 1.4 percent annualized pace in September as gains in apartment and industrial sector prices offset declines in retail and office price.