According to CBRE's annual Tech-30 report, the tech industry's share of U.S. office-leasing activity slipped in the first half of 2022 to its lowest share in five years.
According to CBRE's Manhattan Figures Q4 2022 report, concerns over an economic recession affected Manhattan's office leasing market as tenants slowed decisions on their real estate requirements at year end. During the fourth quarter, office leasing totaled 4.42 million sq. ft., 27% below the five-year quarterly average of 6.01 million sq. ft.
According to the findings of CBRE's latest U.S. Investor Intentions Survey, commercial real estate investors in the U.S. favor opportunistic strategies and are showing a preference for secondary markets in 2023 amid concerns about higher interest rates and tighter financial market conditions.
According to the Mortgage Bankers Association, total commercial and multifamily mortgage borrowing and lending in the U.S. is expected to fall to $700 billion this year, which is a 5 percent decline from an expected 2022 total of $740 billion.