Report Paints a Grim Forecast for U.S. Hotels
Global real estate giant CBRE released an updated 2020 forecast Tuesday in light of the COVID-19 pandemic, projecting a 37 percent decline in U.S. revenue […]
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 […]
Coronavirus Update #1: Foreclosures Halted, Refinance Rush, New Tax Deadline
The unprecedented consquences of the global spread of coronavirus is rapidly changing the economic landscape, including the impact on real estate and finance. Evictions and […]
Coronavirus is Starting to Impact Home Buying Behavior
According to a new report by the National Association of Realtors, nearly 1 in 4 U.S. home sellers nationwide are changing how their home is […]
Fears of Coronavirus Drive 30-Year Fixed Rates Down to an 8-Year Low
Fears of an economic slowdown drove down mortgage rates to an average of 3.23 percent, substantially lower than the average of 4.47 percent on February […]
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 […]
Phoenix Leads the Nation in Residential Rent Growth
Driven by continued economic growth, low unemployment rates and a shortage of housing stock in many of the nation’s top urban areas, single-family rents grew […]