CBRE, Dallas, announced the sale of Kimberly Place in Danbury, Conn., and One Leonard in Norwalk, Conn., for $39.8 million.
Tag: CBRE

Dealmaker: Mesa West Capital Supplies $44M for Los Angeles Area Apartment Community
Mesa West Capital, Los Angeles, provided Alliance Residential and PCCP with $43.5 million to refinance Broadstone Los Feliz, a 134-unit multifamily community in Los Angeles.

CBRE: Declining Single-Family Affordability Bolsters Multifamily Demand
High mortgage rates and elevated home prices have pushed homeownership further out of reach for an additional 1.8 million U.S. renter households, according to a new analysis from CBRE, Dallas.

CBRE: Companies Add AI Expertise Amid Slower Tech Talent Growth
Overall tech job growth has slowed, but the adoption of artificial intelligence has increased demand for AI-specialty tech talent, according to CBRE’s annual North America Scoring Tech Talent report.

CBRE: Employers Closer to Meeting Goals on In-Office Work
CBRE, Dallas, released its Americas Office Occupier Sentiment Survey, finding that employees and employers are closest to being on the same page about in-office work since the onset of the COVID-19 pandemic.

Commercial Real Estate Lending Rebound Continues, CBRE Finds
Commercial real estate lending continued to rebound in the second quarter, though caution persists due to government policy and economic uncertainty impacting Treasury yields, according to CBRE, Dallas.

Data Center Construction Hits New Heights, CBRE Reports
Demand from hyperscalers and cloud service providers continue to boost the data center market, CBRE reported.

CBRE: ‘Fragile’ Job Outlook for Life Sciences Jobs
U.S. life sciences employment has wavered between small gains and declines since 2022 as the sector grappled with capital constraints and layoffs, leaving its growth prospects fragile this year, according to a new report from CBRE.

CBRE Reports Office Conversions, Demolitions Will Exceed New Construction in 2025–Aiding Office Market Recovery
More office space will be removed from the U.S. market this year than added to it for the first time since at least 2018, which indicates the market is stabilizing, according to CBRE, Dallas.

CBRE Forecasts Modest Hotel RevPAR Growth
CBRE, Dallas, forecasts that hotel revenue per available room will grow modestly this year, driven in part by the continued outperformance of urban locations.