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New York City's Retail Sector Facing Market Headwinds in Early 2017

New York City's Retail Sector Facing Market Headwinds in Early 2017

Global real estate consultant CBRE's new released Manhattan Retail MarketView for Q-1 is now reporting that New York City retail sector fundamentals and demand drivers remain strong, yet still face market headwinds in early 2017. Read More »


Downtown Manhattan Enjoys Significant Surge of Office Leasing in Early 2017

Downtown Manhattan Enjoys Significant Surge of Office Leasing in Early 2017

According to JLL, lower Manhattan recorded more than 2.3 million square feet in leasing transactions in the first quarter of 2017. Read More »

Office Vacancies Rise Nationwide in U.S.

Office Vacancies Rise Nationwide in U.S.

According to CBRE Group, Inc., vacant space in the U.S. office market rose modestly during the first quarter of 2017 (Q1 2017) to 13.0 percent. The 10 basis points (bps) increase was attributable to increased office supply. Read More »

Commercial, Multifamily Mortgage Originations in U.S. Total $491 Billion in 2016

Commercial, Multifamily Mortgage Originations in U.S. Total $491 Billion in 2016

According to the Mortgage Bankers Association's 2016 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation, U.S. commercial and multifamily mortgage bankers closed $490.6 billion of loans in 2016. Read More »


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Global Property Spotlight

Central Florida Executive Resort-Style Residence Available

Central Florida Executive Resort-Style Residence Available

Expertly designed from the inside-out with a brilliant use of space and attention to detail in that each room shares many common features. Read More »

Last Updated April 27, 2017 9:00 AM ET

North America Commercial News Property News

With the migration of many millennials to urban environments, some commercial real estate industry observers are less than bullish when it comes to suburban office product.

According to Cushman & Wakefield, commercial tenant demand for U.S. office space continued to cool off in the first quarter of 2017. Occupancy levels remained stable, though, and rents continued to rise in most markets.

According to the Mortgage Bankers Association's latest fourth quarter 2016 Commercial-Multifamily DataBook report released this week:

demand for U.S. commercial real estate assets from High Net Worth Individuals (HNWI) -- those with more than $1 million in liquid assets -- rose in 2016 to $10.3 billion. This marks the highest level since 2013.

The rapid growth of e-commerce fulfillment networks in recent years has resulted in a steady increase in the height and volume of warehouses and distribution centers.

According to CBRE's new released Global Investor Intentions Survey for 2017, stronger economic growth, the availability of debt capital, and a more positive outlook from investors is expected to drive global capital flows in 2017.

On the heels of yesterday's decision by the Federal Reserve to raise short-term interest rates by 25-basis points, yet while expected, many in the real estate industry around the world still took notice.

According to the Mortgage Bankers Association's most recent Commercial/Multifamily Delinquency Report, delinquency rates for commercial and multifamily mortgage loans remained low in the fourth quarter of 2016.

The prospect of increased U.S. economic growth combined with less regulation, means that investor sentiment for commercial real estate investment is marginally more positive than last year.

Ten percent, or $175.9 billion, of $1.7 trillion of outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2017.

According to CommercialCafe -- a nationwide commercial real estate search website -- investment in the New York City office market dipped in 2016, as the total office sales volume in amounted to $21.1 billion.

According to the latest research from CBRE Group, Inc., capitalization rates on U.S. commercial real estate remained largely stable in the second half of 2016, as prices softened slightly.

The music streaming service will now lease 387,243 square feet of office space at the Class A, 2.3 million-square-foot commercial office building.

Commercial real estate lending volume in the U.S. finished the year on a strong note as loan closings surged in November and December 2016.

According to CBRE Group latest Manhattan Retail MarketView for fourth quarter 2016, New York City's retail market has hit a tipping point. Following a tremendous run-up in rents over the past four years, average-asking rents eased in 2016.

2017 started with only the second rise in federal interest rates since 2006 and the start of a new presidential administration that is already showing itself to be very disruptive on many fronts.

According to the newly released Last Mile / City Logistics Report from CBRE, the rapid rise of e-commerce has driven the most disruptive movement to the industrial & logistics industry, transforming the way we think about industrial real estate.

This week Freddie Mac announced the top ten lenders who transacted the most multifamily financing volume with the company in 2016. Through these and other lenders, Freddie Mac Multifamily settled a record $56.8 billion in new multifamily volume last year.


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