The pace of decline in U.S. commercial real estate prices decelerated in March, led by improvements in the industrial sector, Real Capital Analytics reported.
Tag: Green Street
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Briefs Oct. 4, 2023
News in brief from United One, MeridianLink and Green Street
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Briefs Oct. 4, 2023
News in brief from United One, MeridianLink and Green Street
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Green Street: CRE Sales Volume Down Nearly 50% Compared to Last Year
Commercial real estate sales volume is down approximately 50% compared to last year’s second quarter, according to Green Street, Newport Beach, Calif.
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May CPPI Indexes Show Large Drops From 2022
MSCI, New York, reported its RCA CPPI index dropped 11.2% year-over-year and 1.2% from April, as commercial property pricing for all major sectors continued to post annual declines in May.
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Commercial Property Prices Down 15% From Last Year
Green Street, Newport Beach, Calif., reported its Commercial Property Price Index decreased 0.2% in March and has fallen by 15% since property prices peaked a year ago.
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Commercial Property Prices Down 7% From Year Ago
The commercial property pricing decline steepened in February, pulled down by a sharp fall in the apartment sector, reported MSCI, New York.
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U.S. Commercial Property Prices Tumble
U.S. commercial property prices fell in January at an annual pace of decline not seen since late 2010, reported Real Capital Analytics, New York.
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Green Street: Commercial Real Estate Fundamentals Healthy
Green Street, Newport Beach, Calif., reported commercial real estate fundamentals mostly proved healthy last year–except for the office sector–and will likely remain so through 2023.
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Commercial Property Prices Fall
Real Capital Analytics, New York, reported U.S. commercial property prices fell in December as growth seen across the property sectors earlier in 2022 dissipated.