New York City
Real Estate News

Commercial, Multifamily Borrowing Up 1 Percent Annually in U.S.

Commercial, Multifamily Borrowing Up 1 Percent Annually in U.S.

First quarter 2018 commercial and multifamily mortgage loan originations increased one percent compared to the same period last year and, in line with the seasonality of market, first quarter originations were thirty-three percent lower than the fourth quarter of 2017. Read More »


Coffee Shops, Restaurants Lead International Retail Market Expansions

Coffee Shops, Restaurants Lead International Retail Market Expansions

Restaurants and coffee-shop chains increased their lead as the most active retail category for international expansion, capitalizing on a global effort by landlords. Read More »

New York City's 270 Park Avenue to Become Tallest Building Ever Demolished

New York City's 270 Park Avenue to Become Tallest Building Ever Demolished

270 Park Avenue in New York City will become the tallest building ever conventionally demolished, as well as the first building over 200 meters in height to be peacefully razed. Read More »

Despite U.S. Financial Markets Volatility, Commercial Lending Remains Robust

Despite U.S. Financial Markets Volatility, Commercial Lending Remains Robust

U.S. commercial real estate lending markets remained strong in Q1 2018 despite recent financial market volatility, with healthy loan production volumes and favorable credit spreads. Read More »


Click here to search for International Property Listings in New York City.

Global Property Spotlight

Cap Maison Resort - (St. Lucia, West Indies)

Cap Maison Resort - (St. Lucia, West Indies)

On the Caribbean island of St.Lucia, known worldwide for its natural beauty, Cap Maison is in a truly breathtaking location in one of St.Lucia's most desirable areas. Read More »

Last Updated May 21, 2018 8:51 AM ET

New York City Property News

A strong rising demand for U.S. net-lease real estate led to $57.8 billion in investment volume in 2017 -- the second-highest annual total since CBRE began tracking 2002.

Major metropolitan office markets across the globe are seeing a significant increase in the adoption of "green" building certification programs.

With 25,192 closed residential sales across New York State in the first quarter of 2018, the housing market posted a strong start to 2018, even as it fell short of 2017's record.

Sales of newly built, single-family homes rose 4.0 percent in March 2018 to a seasonally adjusted annual rate of 694,000 units after an upwardly revised February 2018 report.

U.S. commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017.

Over 64 million Americans live in multigenerational households, which is based on a report by the Pew Research Center, Washington, D.C.

Leasing activity totaled 6.39 million sq. ft. in Q1 2018, 6% below its five-year quarterly average. The availability rate was 11.8%, up 30 basis points (bps) from Q4 2017, and 20 bps from a year ago.

According to Zillow, U.S. home values have been appreciating more per working hour than local minimum wage pays in about half of the nation's 50 largest cities.

According to recent data from the Census Bureau, millennials are increasingly entering the housing market as first-time buyers, as the U.S. housing industry celebrates New Homes Month in April 2018.

According to the Mortgage Bankers Association, the following firms were the top commercial and multifamily mortgage originators in the U.S. during 2017:

The level of commercial and multifamily mortgage debt outstanding in the U.S. at the end of 2017 was $3.18 trillion, $200.3 billion higher than at the end of 2016, or an increase of 6.7 percent.

According to CBRE, while commercial real estate investors generally take a positive view on co-working, maintaining a balance of traditional and co-working space in a building is critical when it comes to creating long-term capital value.

According to the Mortgage Bankers Association's Commercial & Multifamily Delinquency Report, delinquency rates for commercial and multifamily mortgage loans were relatively flat in the fourth quarter of 2017.

Median home prices in U.S. zip codes in the highest 20 percent for environmental hazard risk appreciated at a faster pace than the overall U.S housing market over the past year.

According to global real estate advisor CBRE, the impact on U.S. commercial real estate investment activity from the recent rise in the 10-year Treasury will be minimal in the short-term.

According to global property advisor CBRE, the recent rise in inflation and higher interest rates is expected to put upward pressure on U.S. capitalization rates in 2018.

New York City's residential real estate market rounded out a year of healthy home sales activity with a record $50 billion in transactions completed in 2017.

According to global real estate consultant JLL, property investors worldwide continued to demonstrate their confidence in global real estate markets throughout 2017, with investment in the final quarter hitting its highest level in three years.


Page
×
WORLD PROPERTY JOURNAL
 
Free News Alerts
 

Sign up now to receive the latest local & global real estate news in your inbox.

GO