North America Commercial Real Estate News
North America Commercial
Commercial Property Cap Rate Expansion Likely to Continue in 2023
According to a new CBRE survey, U.S. capitalization rate expansion is likely to continue in the short-term for most real estate asset types, but could peak later this year and should decrease in 2024 as the end of the Federal Reserve's rate-hiking cycle is anticipated.
Data Center Leasing Activity Explodes in Tri-State Area by 70 Percent in 2022
According to a new report from CBRE, activity from financial services companies drove data center leasing in the New York Tri-State region in 2022. The region recorded 18.1 MW of data center space leased in 2022, more than 70% increase compared to 2021.
Multifamily Oversupply in U.S. Expected To Be Short-Lived
According to the latest research from CBRE, while the delivery of a near-record 716,000 new multifamily housing units in the U.S. over the next two years will create a short-term oversupply, the new supply is needed to keep long-term fundamentals healthy in the sector.
Rural Land in U.S. to Experience Mild Corrections in 2023
Based on a new survey by National Land Realty, many property agents see 2023 becoming a year of stabilization and limited depreciation of land prices, yet only a very small number of agents [7.54%] foresee a depreciation of more than 5%.
North America Commercial Property News
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