North America Commercial
Real Estate News

Commercial, Multifamily Mortgage Debt in U.S. Tops $3 Trillion

Commercial, Multifamily Mortgage Debt in U.S. Tops $3 Trillion

According to the Mortgage Bankers Association, the total commercial/multifamily debt outstanding in the U.S. rose to $3.01 trillion at the end of the first quarter of 2017, the first time it has broken the $3 trillion mark. Read More »


Technology Now Used to Enhance Employee Office Experiences Worldwide

Technology Now Used to Enhance Employee Office Experiences Worldwide

Amidst rising occupancy costs, companies are tasked with creating a user experience, in part through technology, that makes employees more efficient and effective, and that makes the office the preferred place to work. Read More »

U.S. Needs 4.6 Million New Apartments by 2030

U.S. Needs 4.6 Million New Apartments by 2030

Delayed marriages, an aging population and international immigration are increasing a pressing need for new apartments in the U.S., to the tune of 4.6 million by 2030. Read More »

Investor Demand for Senior Housing Continues to Grow in U.S.

Investor Demand for Senior Housing Continues to Grow in U.S.

Investor appetite for seniors housing & care real estate continues to grow, with the majority of investors who specialize in the sector planning to increase the size of their portfolios in 2017. Read More »


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Global Property Spotlight

Golfito Marina Village & Resort - (Costa Rica)

Golfito Marina Village & Resort - (Costa Rica)

Costa Rica's Newest Luxury Superyacht Destination Now Under Construction Read More »

Last Updated June 15, 2017 9:00 AM ET

North America Commercial News Property News

According to the Mortgage Bankers Association's latest Commercial/Multifamily Delinquency Report, delinquency rates for commercial and multifamily mortgage loans in the U.S. were flat or decreased in the first quarter of 2017.

The MPI index dropped seven points to 48 in the first quarter of 2017. The MPI has not had a reading of under 50 since the fourth quarter of 2011.

Despite breathless media headlines about various big-box retailers closing stores, others in that category are opening hundreds of stores.

The financial and technology sectors are two of the main drivers fueling one of the strongest economies in the country. This has made the Texas commercial real estate market an attractive target for investors and appealing destination for young professionals.

High investor confidence, attractive equity markets and positive economic indicators have contributed to favorable commercial real estate lending market conditions in the U.S. during Q1 2017.

Office tenants are expanding their Manhattan footprint in Q1 2017. Of the 123 deals greater than 10,000 SF recorded by CBRE for Q1 2017, 72% involved an expansion component.

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.

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

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.

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.

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.


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