CRE: More Vacancies and Sublease Space and Greater Mortgage Delinquencies
The stubborn persistence of COVID-19 and the resultant Work From Home (WFH) practices are causing a growing number of companies to reduce their real estate […]
Commercial
Key Indicators Point to Growing Pessimism in Parts of the CRE Market
Two recent reports are pointing to increased pessimism in parts of the CRE market, especially in the office, retail and hospitality sectors. The pair of […]
Coronavirus Real Estate Update #4: The Pain Starts Spreading
Local directives of Shelter-In-Place, Social Distancing and the mass closure of a vast array of businesses (restaurants, bars, malls, theatres, etc.) has resulted in 16 […]
Coronavirus to Accelerate Commercial Real Estate Trends, Says NAIOP
NAIOP, the Commercial Real Estate Development Association, issued a report forecasting that the coronavirus outbreak will accelerate trends that had been forming in commercial real […]
WeWork: From Bad to Worst
Reports have surfaced that SoftBank may walk away from the US$3 billion tender offer it committed to co-working startup WeWork following its aborted IPO plans. According to […]
CBRE Leads Global Real Estate Investment Sales
Los Angeles-based CBRE has been named 2019’s global leader for commercial real estate investment sales, according to a report by Real Capital Analytics. RCA said […]
New Report Identifies the Most Active Data Center Markets
Based on CBRE’s latest U.S. Data Center Trends Report, driven by demand from large enterprise and cloud users, U.S. data center leasing and construction completions […]
California Lawmaker Tries to Repeal Prop 13 Caps on Commercial Properties
California Attorney General Xavier Becerra is pushing a ballot measure that would amend the State’s Constitutional protection (aka Proposition 13) which caps increases in property […]
CoStar Acquires RentPath for $588 Million
CoStar Group has acquired troubled apartment listing firm RentPath for $588 million, according to a press release. CoStar’s all-cash deal will take RentPath out of […]
U.S. Industrial Market Gained 3 Billion Square Feet Since 2010
According to Transwestern’s latest national report on the U.S. industrial sector, between the first quarter of 2010 and the fourth quarter of 2019, the U.S. […]