CBRE Launches its Own Co-Working Brand
CBRE, the world’s largest real estate services firm, is jumping into the growing business of flexible workspace, according to an article in the Real Deal. […]
The Average Home Buyers Need 7.2 Years to Save a Down Payment
Using the national median incomes and home values of today, buyers these days need an extra year and a half, for 7.2 years total, to […]
U.S. Housing Supply Posts First Annual Gain in 3 Years
For the first time in nearly three years, the number of homes for sale increased year over year, albeit slightly, up 0.2 percent from last […]
Annual Multifamily Permitting Activity Drops 9.3% Says CBRE
Global real estate consultant CBRE is reporting this week a 9.3% drop in permitting activity in U.S. for multifamily units last month is a favorable […]
Three More Metrics Point to a Softening Housing Market
A couple of months ago, we pointed out bearish news in the housing market as represented by a rising number of price cuts as well […]
U.S. Office Market Remained Strong in Q3 Says Cushman and Wakefield
Demand for US office space continued to be strong in Q3 of 2018 with stable leasing volumes, rising asking rents, and solid absorption, according to […]
Jones Lang LaSalle Acquires ValuD Consulting
Global real estate company Jones Lang LaSalle (JLL) announced on October 3 an agreement to acquire ValuD Consulting, a leading provider of IBM software integration […]
Hyatt Acquires Two Roads Hospitality Group for $480 Million
Hyatt Hotels Corp. on Monday announced its intent to acquire boutique hotel company Two Roads Hospitality for a base price of $480 million, reported the San Francisco Chronicle. […]
Vacancy Rates at U.S. Malls Reach a 7-Year High
Vacancy rates in enclosed regional malls jumped to 9.1% in Q3 2018, the highest rate since Q4 2011, according to real estate research firm Reis […]
Swedish Company Creates the First Carbon-Positive Data Center
EcoDataCenter, a Swedish company dedicated to building energy-efficient data centers, created its first ever carbon-positive data center, which integrates with the surrounding energy ecosystem to reuse […]