Article by: Joseph Gordon Converting office buildings to life sciences is expensive and difficult. But investors in the Bay Area are warming up to these deals anyway as the battle to meet tenant demand reaches fever pitch. Read the full article: https://bit.ly/3Gn74jW
Article by: Lynn Pollack Vacancy rates are still ticking up in New York and San Francisco despite a recovery in utilization rates. Read the full article: https://bit.ly/3wTGfAI
Article by: Lynn Pollack But while rents ticked up by 14% last year, rent growth increased even more. Multifamily rent growth has clocked in above the long-term average for the last half-decade, except for during COVID-19 lockdowns. Meanwhile, the average price per unit climbed 21.6 percent in 2021, the biggest one-year jump in recent memory.…read more
Article by: David Nusbaum U.S. commercial real estate investment volume increased 55.6 percent year over year in the first quarter of 2022 reaching $170.8 billion. Read the full article: https://bit.ly/39QoxoQ
Article by: Erik Sherman While industrial and multifamily sectors quickly soared after the onset of the pandemic, not all did. Office was hurt and is still limping. Certain types of retail held its own, like those anchored by a grocery store; many didn’t. But reports about the two different sectors come to the same conclusion:…read more
Article by: Lynn Pollack The amount of capital in the market, better yields elsewhere and even demographics matter. Read the full article: https://bit.ly/3yWh3LF
Article by: Dees Stribling Lenders may tinker at the edges of their underwriting standards as interest rates climb or the economy weakens, but the demand for multifamily products is too strong to pull back, even as talk of a valuation bubble circulates in the sector. Read the full article: https://bit.ly/3PO1R9o
Article by: Ariana Fine Commercial and multifamily mortgage loan originations increased 72% in the first quarter of 2022 compared to the same period last year. Read the full article: https://bit.ly/3wBBLyO
Article by: Paul Bergeron The self-storage sector has shown to be an extremely recession resilient asset class, along with seeing unprecedented growth since the onset of the pandemic. Read the full article: https://bit.ly/3sMjHQf
Article by: Konrad Putzier Office space is hitting the market as landlords grapple with low demand, lease expirations. Read the full article: https://on.wsj.com/3sJiHMr