CBRE, Dallas, said renewals claimed more large office leases last year than in 2019, indicating many companies are postponing relocations and other real estate changes until they get clarity on the economic recovery and pandemic response.
Category: News and Trends
LBA Ware: 4Q Loan Compensation Jumps by More than 100%
LBA Ware, Macon, Ga., said strong volume and additional headcount resulted in total loan compensation paid out in the fourth quarter jumped by more than 100% from a year ago.
Jobless Claims Show Incremental Improvement
Initial claims for unemployment insurance fell to 847,000 for the week ending Jan. 23, the Labor Department reported yesterday, a reminder that numbers will continue to remain elevated until a comprehensive pandemic response takes hold.
4th Quarter GDP Slows after Explosive 3Q Rebound
Gross domestic product increased at an annual rate of 4 percent in the fourth quarter, according to the “advance” estimate released yesterday by the Bureau of Economic Analysis.
December New Home Sales Post Modest Increase
New home sales rose by 1.6 percent in December—slightly less than consensus expectations, HUD and the Census Bureau reported yesterday.
Dealmaker: George Smith Partners Secures $32M in Los Angeles
George Smith Partners, Los Angeles, arranged $31.8 million for two Los Angeles properties, a flex/R&D industrial asset and a two-story retail plaza.
STR, TE Again Downgrade Hotel Forecast
STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., once again slightly downgraded their forecast for the U.S. hotel sector.
Key Takeaways From MBA’s Hospitality Trends in a Pandemic
Hospitality experts recently discussed their outlooks given challenges in the broader economy and continued soft room demand and business travel.
The CMBS Market During a Pandemic: Q&A with Dechert’s Richard Jones
MBA NewsLink interviewed Dechert Partner Richard Jones. Jones focuses his practice on sophisticated capital markets and mortgage finance transactions. He leads Dechert’s commercial mortgage-back securities team and serves as co-chair of the firm’s global finance group.
Seth Appleton: Five Key Themes from the MISMO Winter Summit and What We’re Doing to Address Them
As I reflect on my first MISMO event, the recent MISMO Winter Summit, I was struck by several key themes that emerged from the more than 220 industry participants who collaborated and shared their expertise across four days of coffee talks, panel discussions and workgroup meetings.