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 […]
Month: February 2020
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 […]
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. […]
Home Improvements with the Biggest Returns in 2020
According to Remodeling Magazine’s 2020 Cost vs. Value Report, the average costs associated with different home improvement projects over the past year, along with the […]
Mortgage Rates Drop to 3-Year Lows
Fears of an economic slowdown resulting from the global spread of the coronavirus helped push down mortgage rates to 3-year lows. According to the Freddie […]
Boise, Idaho Leads the U.S. in Housing Recovery
While housing markets in California, New York and Florida have gotten the most attention in the news for their dramatic price recovery since the great […]
Short Term Rentals will Continue to Encroach on Hotel Business in 2020, Says CBRE
The U.S. Short Term Rental (STR) industry will expand to roughly 650,000 actively rented units this year, equal to 12.2% of the country’s hotel-room supply, […]
Newmark Knight Frank announces $1.85 Billion Multifamily Transaction
Newmark Knight Frank has announced the sale of Aragon Holdings, LLC’s national portfolio of apartment properties to Harbor Group International, a global real estate investment and […]