Commercial Property Cap Rate Expansion Likely to Continue in 2023 According to a new CBRE survey, U.S. capitalization rate expansion is likely to continue in the short-term for most real estate asset types, but could peak later this year and should decrease in 2024 as the end of the Federal Reserve’s rate-hiking cycle is anticipated. […]
Companies still have way too much office space, and they can’t sell it A few things we know about corporate real estate: it’s a focus of cost-cutting for companies, but it’s also probably the last asset you want to sell now in a soft market. How soft? According to Elizabeth Ptacek, senior director of market analytics at […]
US Markets Continue Their Price Discovery Journey Colliers sees the global real estate market “taking hold” by mid-2023. Inflation and higher interest rates are among the factors that will continue to weigh on investor decision making in 2023 as the US market continues a journey of price discovery, according to the latest Colliers Global Investor […]
Capital Timing Helps Construction Overcome Rising Interest Rates Construction starts underway with capital arranged at rates lower than today. Promising data reported recently by the Dodge Construction Network suggested optimism despite the headwinds of higher interest rates, construction costs and inflation. Industry analysts, however, suggest those numbers are more a result of savvy financing and loans […]
What a recession could mean for commercial real estate With high inflation and rising interest rates dominating the news cycle, the potential for a recession is top of mind for commercial real estate. Morrison Foerster’s 44th Economic/Real Estate Poll June–August 20221 found 68% of respondents across the industry believe the U.S. is already in a recession or will be in one […]
In what began as a trend limited to major “24-hour” cities, secondary and tertiary markets are now facing a glut of available sublease space. The availability of sublease space is growing in smaller US metros, according to a new analysis from Trepp. “From the beginning of the COVID-19 pandemic, the debate was fierce between those […]