Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.
By Paul Bubny | March 10, 2024The average cap rate increased from 6.4% to 7% in the second half of 2023. CBRE
The futures of some institutionally owned San Francisco properties were subjects of interest to Connect CRE readers this past week. One story among t...Read more
By Paul Bubny | March 03, 2024The people who approved this deal are standing by the company, they’re putting new money into the company and they’re eliminating more than half of the obligations that we had.Mark E. Rose, Avison Young
The past week was a week of large-scale, decisive action, at least according to the stories Connect CRE readers favored. Drawing an especially sizabl...Read more
By Paul Bubny | February 25, 2024 The RCA CPPI National All-Property Index fell 4.7% year-over-year in January, down from an 11% annual decline last July and August.MSCI Real Assets
A theme underlying the top Connect CRE stories for the past week is that the near-term outlook is always in flux, and the prevailing wisdom may not c...Read more
By Paul Bubny | February 18, 2024I think everybody forgot that the pathway to normalcy could be potentially paved with a few speed bumps. And I think what we got yesterday was a speed bump.Kris Mikkelsen, EVP of investment sales, Walker & Dunlop
The months-long stream of dismal headlines regarding the office sector was interrupted this past week by a positive report from VTS which found that ...Read more
By Paul Bubny | February 11, 2024A record 416,500 apartment units were delivered in 2023. CBRE
No matter where they may be in the U.S., Connect CRE readers have their eyes on the Sun Belt. That’s the conclusion to be drawn from the roster of ...Read more
By Paul Bubny | February 05, 2024With significant capital on the sidelines, our expectation is that the combination of rate cuts and pricing resets for all asset classes will fuel significant activity later this year.Harry Klaff, U.S. president, Avison Young
Outlook stories for the year ahead led the rankings of the most-read stories on Connect CRE for the week ending Feb. 3. Topping the list was a story ...Read more
By Paul Bubny | January 28, 20242023 is likely to go into the record books as the slowest year for commercial real estate borrowing and lending in roughly a decade.Jamie Woodwell, head of commercial real estate research, Mortgage Bankers Association
The old maxim that real estate is a regional business remains true to this day, but news of regional interest can also resonate with audiences outsid...Read more
By Paul Bubny | January 21, 2024We believe the current downturn will provide many opportunities to lend to and acquire office debt and invest in buildings at a low basis.Chad Carpenter, CEO, Reven Office REIT
The office sector dominated the headlines in Connect CRE this past week. A story from our Weekender newsletter that also went out in a standalone mai...Read more
By Paul Bubny | January 14, 2024$3.1 trillion of CRE assets globally will have maturing debt by the end of 2025. JLL
The quarterly appearance of Linneman Associates founder Peter Linneman on the Walker Webcast is always well attended and Connect CRE’s coverage of ...Read more
By Paul Bubny | January 07, 2024The Fed keeps saying ‘2%, 2%, 2%’ like it was handed down from Mount Sinai. It’s a made-up number. It’s not derived from a study of what’s optimal.Peter Linneman, founder, Linneman Associates
This weekend, we’re reviewing news of the past year, rather than the past week. Four of the five most-read Connect CRE stories of 2023 were regiona...Read more
By Paul Bubny | December 24, 2023The FDIC recognizes that financial institutions play a critical role in the economic vitality of the communities they serve by providing credit for businesses, often for CRE purposes, including real estate development. However, concentrations in CRE lending add dimensions of risk that warrant attention.Doreen Eberly, director, Division of Risk Management Supervision, FDIC
The week before Christmas is generally considered a slow week for news, but that wasn’t the case this past week in the commercial real es...Read more
By Paul Bubny | December 18, 2023High interest rates, rapidly increasing insurance costs, skyrocketing state and local taxes are all coming together to make it difficult to build new housing despite the clear need for more housing of all types in communities throughout the country.Sharon Wilson Géno, President, National Multifamily Housing Council
That clattering noise across the commercial real estate industry last week was the sound of other shoes dropping. Connect CRE’s five most-read stor...Read more
By Paul Bubny | December 08, 2023Debt service to income ratio of U.S. households is expected to increase to 11.7% by 2025 from 9.9% in 2022. Fitch Ratings
A breaking news story, a multi-billion-dollar fundraise, news from the nation’s capital and a pair of California reports comprised the five most-re...Read more
By Paul Bubny | December 03, 2023The economy is now slowing from the otherwise robust first estimate of third-quarter growth.Doug Duncan, chief economist, Fannie Mae
A pair of forecast stories, a successful fundraise, development plans and a good-sized acquisition comprised the five most-read stories on Connect CR...Read more
By Paul Bubny | November 19, 2023Credit is gradually loosening, cap rates are resetting higher and the Fed’s rate hiking campaign may be near the end, which collectively could pave the way for an uptick in deal volume in the second half of next year.James Millon, CBRE’s U.S. President of Debt & Structured Finance
The old saying goes that everything’s bigger in Texas, and apparently that extends to multifamily projects. Connect CRE’s five most-read stories ...Read more
By Paul Bubny | November 12, 2023The longer-term prospects for our business are good as long as we remain innovative and sensitive to affordability.Stuart Miller, Executive Chairman & Co-CEO, Lennar Corp.
The possibility of a bankruptcy filing by WeWork had been in the air for the past several weeks, with the Wall Street Journal reporting tha...Read more
By Paul Bubny | November 05, 2023Home prices rose 2.6% year-over-year in August, compared to 1% Y-O-Y in July.S&P Dow Jones Indices
Two breaking news stories and a surprising turn of events in broker-client relations dominated the most-read Connect CRE stories for the week ending ...Read more
By Paul Bubny | October 29, 2023As rents ease and both home prices and mortgage rates continue to climb, it’s become more economical to rent than to buy in nearly all major markets.Danielle Hale, chief economist at Realtor.com
Good news for renters, not-so-good news for landlords. Aparment Rents Decline for Fifth Consecutive Month was the headline of the most-read...Read more
By Paul Bubny | October 22, 2023The logjam in the commercial real estate markets that began last summer has remained firmly in place.Jamie Woodwell, Head of Commercial Real Estate Research, Mortgage Bankers Association
There’s the short-term interest rate as determined by the Federal Reserve, and there are interest rates in general, which have also been rising. It...Read more
By Paul Bubny | October 15, 2023If interest rates were determinant of inflation, please explain to me how for eight years through the 2010s, the short-term rate was zero and we did not have runaway inflation.Peter Linneman, founder, Linneman Associates
What the Federal Reserve chooses to do next was a recurring concern among the most-read stories on Connect CRE for the week ending Oct. 14. Three out...Read more
