CBRE, Dallas, said it expects U.S. construction costs to jump 14.1 percent year-over-year by year-end due to pressures including labor shortages, inflation, supply chain disruptions, pandemic reverberations and the war in Ukraine.
Tag: CBRE
2Q Commercial Real Estate Lending Eases
CBRE, Dallas, said commercial real estate lending activity is easing amid heightened market volatility from rising inflation and interest rates.
CBRE: Office Lease Rates Highlight Flight-to-Quality Trend
CBRE, Dallas, said office rental trends indicate a “flight to quality” playing out across 12 major U.S. markets as companies adapt their workplaces for hybrid work.
Dealmaker: CBRE Sells Upper West Side Apartment for $415M
CBRE, Dallas, arranged the $415 million sale of 160 Riverside Boulevard on Manhattan’s Upper West Side to New York-based apartment investor A&E Real Estate.
CBRE: Tight Labor Market, Remote Work Changing Growth Patterns
The U.S. added 136,000 new high-tech jobs last year in hubs including the Bay Area, New York and Seattle as well as Nashville, Cleveland and other smaller markets, reported CBRE, Dallas.
Life Sciences Job Growth Spreads To Smaller Markets
CBRE, Dallas, said the fast-growing life sciences real estate sector now extends beyond coastal research hubs for which it is mostly known.
CBRE: Hotel Market Sees 2023 Full Recovery
CBRE, Dallas, raised its hotel performance forecast based on first-quarter strength, slow construction activity, higher inflation and continued optimism about employment and economic growth.
Dealmaker: CBRE Arranges $105M for Florida Resorts
CBRE, Dallas, arranged a $105 million loan that refinanced the relaunched Bellwether and Beachcomber Resorts in St. Pete Beach, Fla.
Record-Breaking Start for U.S. Multifamily Market
CBRE, Dallas, reported the multifamily sector saw strong momentum in early 2022, with robust demographic trends underpinning record leasing activity, rent growth and investment.
CBRE: Most Companies Anticipate ‘Reshaping’ Their Offices for Hybrid Work
CBRE, Dallas, said most office-using companies are developing long-term plans to expand or contract their office space now that employees are returning at least part-time after two years of mostly remote work.