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  • newOffice-Using Tenants Look Past the Pandemic
    If it seems as though you’ve been reading more stories about office leasing deals on Connect recently, it’s not a figment of anyone’s imagination. VTS reports a 21% month-over-month increase in demand for office space in core markets for Januar…
    - 1 min ago 26 Feb 21, 6:37pm -
  • newCMBS Delinquencies Retreat, But the Crystal Ball is Cloudy
    Although it’s too soon to predict exactly what the anticipated wave of distressed commercial real estate loans will look like, what the market has seen to date has looked very different from the distress cycle of the Global Financial Crisis. Howeve…
    - 17 mins ago 26 Feb 21, 6:21pm -
  • newMulti-Use Logistics Properties: They’re Old. They’re Small. They’re Highly Sought After
    With investment sales of industrial properties predictably having rung up one of the highest tallies among property sectors in 2020, it’s legitimate to ask whether there’s anything new under the sun. JLL Capital Markets has found one sub-class th…
    - 29 mins ago 26 Feb 21, 6:09pm -
  • newRebound in Construction Activity Will Lag Broader Economy
    The Marcum Commercial Construction Index for the fourth quarter of 2020 reports that the industry has reasons for both optimism and pessimism as it recovers from the recession caused by COVID-19.  Total construction employment has rebounded since…
    - 41 mins ago 26 Feb 21, 5:57pm -
  • newCommercial Property Pricing Gains Climb Back to Near-2019 Levels
    Real Capital Analytics’ US National All-Property Index rose 6.9% year-over-year in January, climbing back to near the growth rates seen for much of 2019, prior to the pandemic. The index of pricing increases rose 1.2% in January from December, near…
    - 14 hours ago 26 Feb 21, 5:07am -
  • newBentallGreenOak Adds Carlyle’s Metropolitan Real Estate to Platform
    BentallGreenOak has agreed to acquire Metropolitan Real Estate Equity from The Carlyle Group. Terms weren’t disclosed. The deal adds Metropolitan’s integrated primary, secondary and co-investment real estate platform, with more than US$2.4 billio…
    - 14 hours ago 26 Feb 21, 5:06am -
  • newIRR Sees Downtown Chicago Apartment Market Turning the Corner
    Chicago’s downtown apartment market, which saw occupancies decline in the pandemic, is on the mend, Integra Realty Resources (IRR) says in a new report. Thanks in part to reduced pricing, “building owners are reporting very strong leasing activit…
    - 14 hours ago 26 Feb 21, 5:06am -
  • newCBRE Completes Quartet of Leases at 55 Broadway
    CBRE recently completed four offices leases at 55 Broadway totaling 40,944 square feet, including two new leases, an expansion, and a renewal. The CBRE team led by Brad Gerla along with Jonathan Cope, Caroline Merck and Craig Motola represented the…
    - 14 hours ago 26 Feb 21, 5:06am -
  • newAffordable Housing Firm Hires Scott Nakaatari as VP
    Alliant Strategic Development (ASD) recently hired Scott Nakaatari as vice president of development for Low Income Housing Tax Credit (LIHTC) initiatives. Nakaatari has more than a decade of LIHTC development, financing and project management experie…
    - 14 hours ago 26 Feb 21, 5:05am -
  • newERCOT Continues to Take the Brunt of Power Backlash
    Texas Gov. Greg Abbott has largely blamed the recent power outages on Electric Reliability Council of Texas (ERCOT) and called for investigations. But some say the issues go beyond ERCOT, including power plants that were knocked offline by the extrem…
    - 14 hours ago 26 Feb 21, 5:05am -
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