CBRE, Dallas, released a new report finding average mortgage payments are 38% higher than average apartment rents as of year-end.
Tag: CBRE
CBRE: North American Data Center Pricing, Supply Remain Strong in Primary Markets
CBRE, Dallas, found the primary market supply for data centers in North America grew 26% year-over-year in 2023.
CBRE Forecasts Hotel RevPAR Growth, Fueled by Higher Rates, Stronger Demand
CBRE Hotels is forecasting hotel revenue per available room will continue to grow steadily this year, driven by improving group business, inbound international travel and traditional transient business demand.
Dealmaker: CBRE Secures $35M for BTR Community in Peoria, Ariz.
CBRE, Dallas, secured a $35.25 million construction loan for Bella Olivia, a build-to-rent community in Peoria, Ariz.
CBRE’s Investor Intentions Survey Shows Improved Sentiment
CBRE, Dallas, released its 2024 U.S. Investor Intentions Survey finding that investor sentiment has greatly improved, but concerns such as higher-for-longer interest rates, tight credit conditions and differing buyer and seller expectations still weigh on the industry.
Fewer Mega Industrial Leases Signed in 2023, CBRE Finds
CBRE, Dallas, found that there were fewer industrial leases of 1 million square feet or more in 2023 compared with 2022. Of the top 100 industrial leases signed last year, 43 were for at least 1 million square feet, compared with 63 in 2022.
Dealmaker: Mesa West Capital Provides $54M Construction Loan in South Brunswick, N.J.
Mesa West Capital, New York, provided Bridge Industrial a $53.5 million construction loan for Bridge Point 999, a new 292,000-square-foot industrial building in South Brunswick, N.J.
CBRE: Affordable Housing Investment Down From 2021, but Still Strong
CBRE, Dallas, found affordable housing investment trends over the past few years have tracked some aspects of the overall multifamily market.
CBRE Predicts Likely Upturn in Commercial Real Estate Investment in Second-Half 2024
CBRE, Dallas, released its U.S. Real Estate Market Outlook 2024, predicting that commercial real estate investment activity likely will begin to pick up in the second half of next year.
Urban Institute: How Housing Counselors Are Navigating Challenges
The Urban Institute, Washington, D.C., released research on the experiences of HUD-certified housing counselors who mobilized to serve renting families during the pandemic and their reflections on the evolving needs of renters post-pandemic.