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By Paul Bubny | August 20, 2023The last few weeks, I’ve been saying, ‘holy mackerel, they’re coming out of the woodwork.'Kevin Gannon, chief executive of Robert A. Stanger & Co.
It’s big news when a major developer launches a large-scale construction project, and apparently even bigger news when it suspends work. The t...Read more
By Paul Bubny | August 13, 2023The delinquency rate for office-backed CMBS has increased more than 350 basis points since the end of 2022.Trepp
Regional news that also found a national audience dominated the past week’s five most-read stories. The top Connect CRE story of the week ending Au...Read more
By Paul Bubny | July 30, 2023It’s important to realize that this current cycle is more of a temporary downturn that we can work out of over the next 18 to 24 months versus an underlying financial crisis.Tina Lichens, senior vice president of broker operations, LightBox
It’s been said that an impressive percentage increase from a low basis looks more dramatic than it actually is, and maybe ...Read more
By Paul Bubny | August 28, 2023
Recent economic data has pointed to a stronger economy than previously expected, yet the current business cycle contours still signal an eventual dow...Read more
By Paul Bubny | August 21, 2023
We have reported the topline results of The Real Estate Roundtable’s latest quarterly Sentiment Index, which reflects the attitude o...Read more
By Paul Bubny | August 14, 2023
WeWork’s latest quarterly earnings report, issued last week, included a phrase that sent shock waves through the office sector. ...Read more
By Paul Bubny | August 22, 2022
On a real estate development project, the developer may not be the one doing all the work but is the one who’s ultimately responsible for making sure that all of it gets done. The scale of the project may be as small as a single-family home or as massive as Hudson Yards in New York City, yet the role of the developer is the same: planning, financing and execution. That in turn entails selecting and hiring the team that will bring the project to fruition.
Beco...
By Paul Bubny | July 22, 2022
Economists largely expect the U.S. to rebound in Q2 as some of the factors holding back growth early in the year—including supply-chain issues stemming from Russia’s invasion of Ukraine—subside, according to CNBC.
Q1’s decline was the worst for GDP performance since the 31.2% drop seen in Q2 2020, CNBC reported. Real GDP decreased at an annual rate of 1.5% in the first quarter of 2022, according to the Commerce Department’s Bureau of Economic Analysi...
By Amy Wolff Sorter | July 22, 2022
The U.S. apartment sector isn’t showing any signs of slowing down. According to Yardi Matrix’s April 2022 “National Multifamily Report,” year-over-year rent growth continues to climb, while occupancy remains in the “full” category at above 96%.
Related news: Read more Yardi Matrix report coverage.
The report stated that asking rent increased by $15 in April to another record-breaking high of $1,659 per unit; year-over-year growth was 14.3%....