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Strong Job Growth in U.S. Driving Up Office Asking Rents

Strong Job Growth in U.S. Driving Up Office Asking Rents

According to Transwestern's second-quarter 2018 national office market report, continued improvement in the U.S. office sector was due in large part to a strong jobs market with remarkably low overall unemployment of 3.9 percent, and a 1.6 percent annual growth rate in office-using employment. Read More »


Luxury Home Price Appreciation Slows in U.S.

Luxury Home Price Appreciation Slows in U.S.

According to Redfin, luxury home prices in the U.S. rose 5.2 percent year over year to an average of $1.9 million in the second quarter of 2018. This is lower growth than in the first quarter, when prices were up 7.3 percent. Read More »

U.S. Commercial Real Estate Lending Remains Robust in 2018

U.S. Commercial Real Estate Lending Remains Robust in 2018

According to a new report by global real estate consultant CBRE, the U.S. commercial real estate lending market remains robust in 2018, despite financial market volatility and heightened trade tensions. Read More »

Manhattan Landlords Reduce Retail Rents in 2018

Manhattan Landlords Reduce Retail Rents in 2018

According to CBRE's Q2, 2018 Manhattan Retail Market Report, New York City's retail market continues to evolve as the fundamental demand drivers remain healthy. Read More »


Global Property Spotlight

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise. Read More »

Last Updated August 15, 2018 9:00 AM ET

New York City Property News

According to CBRE's latest Manhattan Office MarketViews report for the second quarter of 2018, office leasing activity totaled 8.96 million sq. ft. in Q2 2018 and that year-to-date leasing activity totaled 15.36 million sq. ft., 12% higher than the same period last year.

According to a new report from the Mortgage Bankers Association, U.S. mortgage credit availability increased in June 2018. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.

According to U.S. brokerage firm Redfin, few homebuyers are halting their searches in the wake of rising mortgage rates.

JLL is reporting this week that Asia Pacific's mature economies such as Singapore, Hong Kong and Japan have a significant opportunity to advance real estate transparency through proptech adoption.

The level of commercial and multifamily mortgage debt outstanding in the U.S. increased by $44.3 billion.

Delinquency rates for U.S. commercial and multifamily mortgage loans were relatively flat in the first quarter of 2018.

This past week the Council on Tall Buildings and Urban Habitat announced the winners of the 16th Annual CTBUH Awards Program, which competed for winning distinctions at the 2018 Tall + Urban Innovation Conference.

According to AAA, more than 41.5 million Americans will travel this 2018 Memorial Day weekend, nearly 5 percent more than last year and the most in more than a dozen years.

According to Redfin, in the first three months of 2018, Denver posted a "net outflow" of Redfin users for the first time, meaning that more Denver-based Redfin users were searching for homes in other metro areas than Redfin users elsewhere looking to move in.

Residential rents are falling due to a rapid increase in rental development in 2018. With a new cycle peak for inventory, rents there, as in much of the nation, will likely maintain a trend of moderation.

According to a new CBRE report, coworking companies and other third-party flexible space operators now occupy 9.2 million sq. ft. in the Manhattan office market.

According to the Real Estate Board of New York's latest bi-annually Manhattan Retail Report, Manhattan's retail market correction continued this spring with per square foot ground floor retail average asking rents declining year-over-year in 9 of the 17 high-profile corridors.

First quarter 2018 commercial and multifamily mortgage loan originations increased one percent compared to the same period last year and, in line with the seasonality of market.

Restaurants and coffee-shop chains increased their lead as the most active retail category for international expansion, capitalizing on a global effort by landlords.

270 Park Avenue in New York City will become the tallest building ever conventionally demolished, as well as the first building over 200 meters in height to be peacefully razed.

U.S. commercial real estate lending markets remained strong in Q1 2018 despite recent financial market volatility, with healthy loan production volumes and favorable credit spreads.

A strong rising demand for U.S. net-lease real estate led to $57.8 billion in investment volume in 2017 -- the second-highest annual total since CBRE began tracking 2002.

Major metropolitan office markets across the globe are seeing a significant increase in the adoption of "green" building certification programs.


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