Industry News- Page 13 of 58

Industry News

June 26, 2023

Silicon Valley, Calif., Office Vacancy Surging

Vacant office space is piling up in California's Silicon Valley as technology companies reassess their workspace needs, The Wall Street Journal reported. Office vacancies in San Jose, Palo Alto and Sunnyvale rose to 17% in June...

June 25, 2023

Wave Of Distressed CRE Loans Reaches $64B, With Retail, Office Hardest Hit

The long-anticipated wave of distressed CRE assets is closer to realization, with total distressed assets coming in at $64B during Q1 2023, Bloomberg reports, citing a new report by MSCI Real Assets...

June 23, 2023

Real Estate Cap Rates and the Slow Wheels of Progress

Differences in cap rates capture the divergence that occurred between U.S. public and private real estate markets in 2022, with public real estate cap rates (REIT implied) higher than their private real estate counterparts (transaction and appraisal). As expected, the gaps between REIT implied...

June 21, 2023

US Homebuilder Sentiment Increases to Almost One-Year High

US homebuilder sentiment advanced in June to an 11-month high as a limited supply of existing homes continued to spark interest in new construction...

June 20, 2023

Are hybrid work schedules increasing traffic at suburban open-air centers?

In the last six months of 2022, visits to LA Fitness gyms in the Houston suburbs rose between 10% and 38%, according to Placer.ai. In the 610 loop however, visits declined by 2% to 18%. COVID cases have mostly gone away, but the hybrid work model the pandemic spawned has not...