61% of buyers are looking for discounts from pre-pandemic prices and only 9% of sellers willing to offer such discounts.
According to the Mortgage Bankers Association's latest monthly MBA CREF Loan Performance Survey, U.S. delinquency rates for mortgages backed by commercial and multifamily properties declined in September 2020.
According to the Mortgage Bankers Association's latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report, the level of commercial/multifamily mortgage debt outstanding rose by $43.6 billion (1.2 percent) in the second quarter of 2020.
Net-lease investment in the U.S. fell significantly in Q2 2020, but comprised the highest share of total volume on record amid a sharp decline in commercial real estate investment activity.
Delinquency rates of mortgages backed by commercial and multifamily properties reveal the various impacts the COVID-19 pandemic has had on different types of commercial real estate.
The North American data center sector was resilient in the first half of 2020 as many businesses implemented hybrid IT infrastructure to improve their remote work capabilities.
Office building owners provided more free rent and larger tenant-improvement allowances in the second quarter to secure new office leases and renewals amid a general slowdown in leasing activity.
According to a new report from the American Institute of Architects (AIA), architectural billings nationwide failed to show any progress during July 2020, and business conditions continued to be soft at firms.
According to the latest Multifamily Market Survey (MMS) released this week by the National Association of Home Builders (NAHB), confidence in the market for new multifamily housing increased in the second quarter, however, it still remains in negative territory.
According to the latest Global Flexible Office Sentiment Survey by Workthere, Savills' dedicated flexible office advisory service, revealed growing concern in the short term for the flexible office sector among providers in North America over the next three months.
According to a new report by CBRE, office momentum in the U.S. slowed in the second quarter of 2020 for technology companies' leasing of commercial space, though a few markets posted sizable gains in activity.
Decreased liquid bulk, dry bulk, containerized cargo and nearly five million fewer cruise passengers have created significant financial and economic havoc for Florida's seaports in 2020.
Much weaker commercial real estate investment volumes in the second quarter of 2020 reflect the impact of lockdown measures and border controls enacted to combat the COVID-19 crisis.
According to New York-based Rudder Property Group's biannual office condominium report for the first half of 2020, Manhattan office condo sales significantly declined in the first half of 2020, as sales prices dipped.
Global property consultant CBRE is reporting that the amount of office space offered for sublease in the 10 largest U.S. office markets has increased by 12 percent since the COVID-19 pandemic forced a shutdown of local economies in March 2020.
New York City's retail sector experienced significant deceleration in leasing activity in the first half of 2020 intensified by the COVID-19 pandemic, and ongoing social protests.
The level of commercial/multifamily mortgage debt outstanding rose by $61.0 billion in the first quarter of 2020.