North America Commercial Real Estate News
North America Commercial
U.S. Office Landlords Tenant Concessions Decline for First Time in 4 Years
According to a new report from CBRE, the value of office-leasing concessions - like months of free rent - began to decline in the first half of 2024 in America, and may be near a peak.
U.S. Commercial Mortgage Originations Spike 27 Percent in Q2 Over Q1
The Mortgage Bankers Association's latest Quarterly Survey reports a 3 percent increase in U.S. commercial and multifamily mortgage loan originations in the second quarter of 2024 compared to the same period last year, and a significant 27 percent jump from the first quarter of 2024.
Delinquency Rates for U.S. Commercial Property Loans Downticks in Q2
According to the Mortgage Bankers Association's latest commercial real estate finance (CREF) Loan Performance Survey, U.S. delinquency rates for mortgages backed by commercial properties declined slightly during the second quarter of 2024.
Megawarehouse Lease Deals in U.S. Increase in 2024
According to a new report from CBRE, leasing of megawarehouses of 1 million sq. ft. or larger increased in the first half of this year as a wave of new construction completions led to a decline in lease rates for the category.
North America Commercial Property News
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