Green Street, Newport Beach, Calif., reported its Commercial Property Price Index increased 1.6% in August. The index–a measure of pricing for institutional-quality properties–is up 3.3% this year.
Tag: Green Street
Commercial Property Prices Dip
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.
Briefs Oct. 4, 2023
News in brief from United One, MeridianLink and Green Street
Briefs Oct. 4, 2023
News in brief from United One, MeridianLink and Green Street
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.
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.
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.
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.
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.
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.