Tech Companies Fueling Demand for Office Space
Office leasing activity by tech companies increased by 122 percent on average in the second and third quarters from the first quarter, according to a […]
Retail & Office Space
Buildings Account for 38 Percent of Greenhouse Emissions Says UN Agency
Buildings contribute 38% of worldwide greenhouse emissions, according to a report by the United Nations Environment Programme (UNEP). Nearly one-third (28%) of emissions are the results […]
IMF Warns of CRE Risks
The International Monetary Fund (IMF) issued a report warning of the risks associated with commercial real estate assets in light of the global COVID-19 pandemic. […]
WeWork Reduces Rents Amid Ongoing Pandemic
New York-based flex-office provider WeWork has reduced rents at many of its properties amid the prolonged COVID-19 pandemic, according to an analysis by Bloomberg News. […]
Commercial and Multifamily Mortgage Delinquencies Continue to Rise
Delinquency rates for mortgages backed by commercial and multifamily properties increased for the second month in a row in December 2020, according the Mortgage Bankers […]
Annual Net Leasing Activity Plunged 68 Percent in Q2, Says CBRE
Net-leasing investment volume dropped 68.1% year-over-year to $8.1 billion in Q2, according to new research from CBRE Group. The decline for total U.S. commercial real estate over […]
Facebook and Amazon Sign Massive Office Deals Despite Pandemic
Despite work from home (WFH) protocols for their employees, tech titans are betting they will continue to need more office space in major metropolitan areas. […]
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 […]
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 […]