Colliers International, Toronto, said the U.S. office market is stabilizing following two-plus years of pandemic-driven correction, but noted “considerable debate and speculation” about its future.
Tag: Colliers International
Colliers: Interest Rate Volatility Could Hit Industrial Sector
Industrial sector cap rates have compressed to record lows in recent quarters, but Colliers International, Toronto, reported interest rate volatility has caused some investors to pause new projects and could increase cap rates.
Inflation’s Impact on Retail Real Estate
Colliers International, Toronto, said consumers are not alone in feeling elevated inflation–higher costs are problematic for retailers, too.
Colliers: Potential Inflection Point for CRE
Commercial real estate capital markets could be at an inflection point amid volatile economic conditions, said Colliers International, Toronto.
Retail Sector Benefiting from Job Growth
The retail sector could be benefiting from recent strong job growth, reported Marcus & Millichap, Calabasas, Calif.
Bright Spots Amid Offices Sectors Struggles
Office absorption remains negative even though office-using employment increased by 1.9% in the first half of the year, adding 635,000 jobs, reported Cushman & Wakefield, Chicago.
Dealmaker: Mesa West Capital Originates $85M for Minneapolis Multifamily
Mesa West Capital, Los Angeles, provided Minneapolis-based multifamily investment firm Bader Diamond Funds with $85 million to acquire Hampshire Hill, a 534-unit community in Bloomington, Minn.
Office Pipeline Evolves Post-Pandemic
The shift to remote and hybrid work is shrinking the new office supply pipeline, but many developers believe the right project in the right location still makes sense, reported Yardi Matrix, Santa Barbara, Calif.
Dealmaker: Hall Structured Finance Provides $29M To Refinance Florida Hotel
Hall Structured Finance, Dallas, closed a $29.4 million bridge loan to refinance the Serena Hotel, a Tapestry Collection Hotel by Hilton in Aventura, Fla.
Spread Between Retail, Industrial Rents Compresses
JLL, Chicago, reported the spread between retail property rents and industrial property rents is compressing as home deliveries speed up and e-commerce steals more and more market share from brick-and-mortar retailers.