Industry News

Commercial Real Estate Has an Equity Problem

Article by:  Tracy Loh and Andre Perry The same racial disparities that plague the housing market also affect the values of storefronts and offices. Read the full article:  https://bloom.bg/3ojslDb

Multifamily Continues to Lead NYC Investment Sales Growth

Article by:  Mark Hallum Investment sales dollar volume so far this year remained steadily above the first half of 2021, now at $22 billion across all sectors in New York City. Read the full article:  https://bit.ly/3cuOETE

Office Traffic Momentum Builds in Q2

Article by:  Paul Bergeron Compared to last year, office buildings are bustling. Visits were up in major cities: New York City (54.4% increase), Chicago (38.3%), San Francisco (84.6%) and Boston (31.2%), which indicates that the office return is still underway. Read the full article:  https://bit.ly/3v4r0nA

Grocery-Anchored Centers a ‘Bright Spot’ in Gloomy Retail

Article by:  Paul Bergeron “Given rent structures that can offer shelter against inflationary conditions as we are currently experiencing, goods that are necessities in all market environments, and some institutional preference for hard assets during these uncertain times, well located grocer-anchor centers with good tenant mixes continue to attract investment demand and capital.” Read the…read more

Inside the Recent Pause in Industrial Sales

Article by:  Erika Morphy Reshoring, for example, is causing more companies to invest in the US with a diversified portfolio of manufacturing. “It will increase the demand for industrial sites and that, along with companies’ desire to maintain more inventory as well as the continuous growth of e-commerce will all serve the long term.” Read…read more

2022-2023 Top Ten Issues Affecting Real Estate

Article by:  The Counselors of Real Estate The Counselors of Real Estate has identified the current and emerging issues expected to have the most significant impact on all sectors of real estate. Read the full article:  https://bit.ly/3Oir8Xc

CRE Property Prices Down 4.9% From Recent Highs

Article by:  Erik Sherman The index—a “time series of unleveraged U.S. commercial property values that captures the prices at which commercial real estate transactions are currently being negotiated and contracted”—dropped by 3.7% between May and June. The total drop from a high in March has been 4.9%. Read the full article:  https://bit.ly/3RBxtjg

Top 20 Most Competitive U.S. Apartment Markets

Article by:  WMRE Staff Competition might be easing just a bit in the U.S. housing market as mortgage rates decline, but that hasn’t taken any pressure off the apartment rental market. Read the full article:  https://bit.ly/3ccB0nW