Market Trends

Economic Update February 2, 2021

February 02 2021

SVN explains the most recent economic update in regard to the 10 main categories and property types including GDP, Apartment Sector, Office Sector, Commercial Property Price Index, NFIB Small Business Survey, Retail Sales, NAHB Remodeling Market...

CMBS Delinquency Rate Falls for seventh straight month - All major property types improve

February 01 2021

The Trepp CMBS delinquency rate continued to retreat during the first month of the new year, though there are indications that the improvement could be showing signs of a reversal.

SVN | Research February 2021 Report

February 01 2021

With 2020 now moving further away in the rearview mirror, we can begin looking "beneath the hood" to assess both the damage and resiliency of the U.S. economy during a generationally challenging year.

Economic Update January 15, 2021

January 15 2021

SVN explains the most recent economic update in regard to the 10 main categories and property types including Interest Rates, Short-Term Energy Outlook, Construction Spending, S&P/Case-Shiller U.S. National Home Price Index, population growth...

CMBS Delinquency Rate Wraps Up 2020 On Lower Note: Retail Improves, Lodging Worsens

January 01 2021

The Trepp CMBS delinquency rate continued to recede for the last month of 2020. After two huge jumps in May and June, the rate has now declined for six consecutive months.

Economic Update December 30, 2020

December 30 2020

SVN explains the most recent economic update in regard to the 10 main categories and property types including New Stimulus Agreement, Summary of Economic Projections, Restaurant Bookings, Apartment Renter Performance, Apartment Investment Market...

SVN | Economic Update December 18, 2020

December 18 2020

SVN explains the most recent economic update in regard to the 10 main categories and property types including unemployment, job openings labor turnover survey, initial & continuing jobless claims, senior housing, self-storage, CMBS, consumer...

SVN | Economic Update December 4, 2020

December 04 2020

SVN explains the most recent economic update in regard to the 10 main categories and property types including retail, office demand forecast, hotel, life sciences, NMHC rent tracker, MBA mortgage applications, initial & continuing jobless claims...

Overall CMBS Special Servicing Rate Declines While Lodging Rate Reverses Course

December 01 2020

Following the 2020 year-to-date peak in the CMBS special servicing rate seen in September, November was the second month that registered a modest decline. The Trepp CMBS Special Servicing rate saw a reduction of 12 basis points in November coming...

Economic Forecasts for investments & developements

December 01 2020

The newspaper headlines are nearly universal, citing a "Pandemic Recession," with significant job losses, major industries-like travel and entertainment-in a tailspin, and little relief in sight. But a survey of SIORs from different parts of...

What’s Next for Hotels? Analyzing the Hard-Hit Commercial Real Estate Sector

November 15 2020

We know the phrase “hindsight is 2020” is about 20/20 vision, but the year 2020 has been anything but clear. A worldwide pandemic, tumultuous election cycle, natural disasters, and Zoom have occupied the majority of our recent memories, taking...

SVN | economic update november 13, 2020

November 13 2020

SVN explains the most recent economic update in regard to the 10 main categories, including GDP, Unemployment Rate, Job Openings Labor Turnover Survey, ULI/PwC Emerging Trends in Real Estate, Senior Loan Officer Opinion Survey, NMHC Construction...

Multifamily Investors Push Pause

November 10 2020

Despite its long run of booming sales and leading performance in occupancies and rent growth over the past decade, the multifamily sector is proving that it’s by no means bulletproof to economic headwinds. Although the pandemic has created some...

CMBS Special Servicing Rate Sees Slight Decline in October After Hitting 2020 Peak

November 01 2020

Following the 2020 year-to-date peak in Trepp’s CMBS special servicing rate seen in September, the number has since inched down in October. The Trepp CMBS Special Servicing rate saw a reduction of 20 basis points in October, coming in at 10....

SVN | economic update october 30, 2020

October 30 2020

SVN explains the most recent economic update in regard to the 10 main categories and property types, including multifamily, retail, industrial, hotel, office, multifamily permits, the beige book, retail spending, REITs, and industrial space ...

SVN | Research october 2020 report

October 22 2020

After growing concerns in February gave way to domestic hotspots in March, the full gravity of the COVID-19 pandemic hit a crescendo in April. Americans emptied restaurants, shopping malls, and Main Streets, retreating to the socially distanced...

CMBS Special Servicing Rate Sees Another Uptick in September; Records Highest Ever Lodging and Retail Rates

October 02 2020

The Trepp Special Servicing rate saw an increase of 44 basis points in September, coming in at 10.48%, compared to 10.04% in August. Like the last few months, the surge could be attributed mainly to an increase in the retail and lodging special...

svn research | economic update

October 02 2020

According to REIS, the Affordable Housing Sector has gone mostly unaffected through the pandemic as of Q2 2020. While the national vacancy rate is up by 10 bps from the same time a year ago, they ticked down by 10 bps from Q1, settling at 2....

CMBS Delinquency Rate: Third Consecutive Month of Declines from Near All-Time High

October 01 2020

The Trepp CMBS delinquency rate saw another drop in September. After two huge jumps in May and June, the rate has now declined for three consecutive months. The September reading is 8.92%, a decline of 10 basis points from the August number....

Real capital analytics: Capital Trends US Big Picture

October 01 2020

Commercial real estate investment fell sharply in Q3’20 from the pace of activity seen a year ago. There are reasons to be optimistic, however, in that conditions do not seem to be getting worse. There are a few indicators suggesting improvement...

Self-Storage: Analyzing a “Recession-Resistant” Sector

October 01 2020

With the United States and the world economy roiled because of the pandemic, many real estate players have turned their attention towards the so-called ‘recessionresistant’ industries. One of the key markets being the selfstorage industry.

Market Report USA: Hotel Market Trends in the Covid Era

September 15 2020

Pre-Covid, the U.S. economy expanded and remained in record-setting territory for 31-½ quarters. Real GDP growth remained positive throughout 2019 due to high levels of personal consumption expenditures (PCEs) buoyed by a 50-year low unemployment...

CMBS Delinquency rate continues retreat from near all-time high

September 03 2020

The Trepp CMBS delinquency rate continued its downward trend in August after posting the largest decline in four years in July. The overall CMBS delinquency rate in August was 9.02%, a decline of 58 basis points from the July number.

The top 21 secondary msa's for commercial real estate investment

August 21 2020

The U.S. Bureau of Labor Statistics reported that the US unemployment rate reached a record high of 14.7% in April of this year. While the rate dropped to 10.2% in June, the number is still exceptionally high. On the same lines, the Commerce...

August 2020 commercial market insights

August 19 2020

As a result of the coronavirus pandemic and measures to contain it, the global economic landscape has been dramatically altered. The pandemic has hammered the economy and disrupted the sense of normalcy in all aspects of work and how people ...

Ailing malls face another threat with covid-19

August 14 2020

Foot traffic, a key indicator of mall health, has fallen 40% from January numbers. Northeast Ohio's already ailing enclosed malls are wrestling with growing problems as COVID-19 pandemic lingers, with shoppers continuing to stay away after ...

GSE lenders aid multifamily borrowers with forbearances

July 20 2020

To assist borrowers of multifamily loans who have been facing difficulties as a result of the coronavirus outbreak, agency GSE lenders have been accommodating in their approach to granting forbearances, modifications, and extension requests....

Lodging Sector Takes Hardest Hit from COVID-19; Increase in Distressed Hotels Across the U.S.

May 01 2020

Travel restrictions and social distancing guidelines on account of the pandemic have not only changed our day-to-day life but have caused meaningful financial distress across the economy.

US HOTEL OUTLOOK 4/2020

April 23 2020

Rate of new case numbers now peaking as daily new cases are confirmed, indexed from historical peak. New claims are falling and U.S. occupancy levels are stabilizing.

Commercial Real Estate Insider MARKET REPORT 2019 - 2020

April 16 2020

NAI Spring is pleased to once again present our annual Market Report recapping 2019 and forward thoughts for 2020. It was another strong year for commercial real estate in the greater Canton and Stark County area. The retail market was very ...

bank branches go newer and smaller

April 15 2020

Big banks are closing antiquated branches at a record pace, but they are also opening smaller and more-digitally-focused ones to better serve their customers, according to research from JLL’s Branch Banking 2020. After peaking at 100,000 branches...

U.S. Lodging Industry Outlook Update

April 10 2020

Background Over the course of the past 6 weeks, economies throughout the globe have ground to a halt resulting in the U.S. hospitality industry encountering a demand shock like it has never previously experienced. To understand the full impact...

Weekly Hotel Review

March 21 2020

U.S. Hotel Industry Performance for the Week of: March 15, 2020 - March 21, 2020 Volume 20, Issue W12

SPECIAL REPORT CORONAVIRUS OUTBREAK: IMPLICATIONS FOR REAL ESTATE

March 02 2020

Stock market volatility showcases real estate stability and yields. While the stock market was particularly robust last year, with the S&P 500 delivering total returns exceeding 25 percent, equities recorded a major correction that erased a ...

Federal Reserve Delivers Aggressive Monetary Policy Early in Coronavirus Outbreak

March 01 2020

Federal Reserve pulls all the levers to bridge U.S. economy through a global pandemic. The Federal Open Market Committee (FOMC) unleashed its broad and sizable arsenal this week, highlighting the impact COVID-19 will have on the national economy...

Service Teants now outnumber retail tenants in the u.s.

February 19 2020

The number of service tenants grew by 109,975 or 10 percent, from 2012 to 2017. See how that growth breaks down, at right. To feed growing demand, the number of service tenant establishments in the U.S. climbed by 20.5 percent between 2002 and...

National Construction Outlook 2020

February 04 2020

Dodge Data & Analytics sees U.S. economy, construction market at 'tipping point'

Colliers International self storage newsletter addressing covid-19

January 10 2020

One of the main questions that has been posed to appraisers in the self-storage industry is how the COVID-19 virus has affected market value. Real estate is an investment type that historically takes a longer period of time to be impacted in relation...

CMBS Special Servicing Rate Continues To Decline

January 10 2020

The Trepp Special Servicing rate came in at 2.92% in December, a decline of eight basis points from the previous month. All property types excluding lodging, which saw a paltry increase of one basis point, witnessed a decline in their special...

CMBS Delinquency Rate Ends 2019 Flat

January 04 2020

The Trepp overall CMBS delinquency Rate remained unchanged in December, ending a five-month stretch of reductions in the delinquency rate. The December reading is 2.34%, the same we recorded in November for which the rate was a post-financial...

Self-Storage Newsletter

December 12 2019

Colliers International Valuation & Advisory Services National Self-Storage Insights | 4th Quarter 2019

Office Market Update Q3

December 10 2019

As reported recently by the Federal Reserve, economic activity remained steady in the Cleveland Market and the Fourth District (including Ohio, western Pennsylvania, eastern Kentucky and northern West Virginia) during the third quarter of 2019...

CMBS Delinquency Rate Maintains Downward Trend

December 05 2019

The Trepp CMBS Delinquency Rate fell sharply in November, as the index hit another post-crisis low. The November reading is 2.34%, a month-over-month drop of 13 basis points. The delinquency rate is down 99 basis points year over year. The delinquency...

Market View Industrial End of Year 2019

November 15 2019

Reichle Klein Group’s endyear 2019 Toledo, Ohio, region industrial-space market survey has been completed and finds the industrial space market in the region continuing to perform at a remarkably high level.

What Factors Have Driven Multifamily NOI Growth?

November 10 2019

As the affordability of single-family homes continues to decline and shifts in preferences for renting over homeownership increases, multifamily CMBS remains to be one of the CRE sectors showcasing the strongest growth in recent years. Particular...

Capital Trends - US Big Picture

November 09 2019

Big numbers are needed in December to push 2019 deal volume ahead of the pace set in 2018. Given the falling deal activity of October and November, an additional $100b of acquisitions would be needed in December just to hit the total activity...

Yardi Matrix - National Office report

November 06 2019

The average U.S. office asking rate increased 2.0% year-over-year in October to $37.73. The average national vacancy rate increased 40 basis points from the previous month, to 13.7%. Markets where year-over-year listing rate growth was the highest...

Cleveland Office Advisory Meeting Q1 2019

April 10 2019

Another Cycle High for GDP in the Cleveland Office market and strong growth in payrolls are a few of the market trends reported by CoStar team for the first quarter of 2019.

Cleveland Industrial Advisory Meetings Q 2019

April 01 2019

CoStar report explains a list of positive absorption properties as well as negative absorption properties within Cleveland. Along with that, they explain the industrial construction status, whether under construction or proposed.

Commercial Real Estate Insider Market Report Spring 2019

March 11 2019

As expected, 2018 proved to be another strong year across all sectors of commercial real estate. Class “A” office space remained at a premium, and industrial vacancies hit record lows. Retail began to see a much-needed boost as investors and...

National Self Storage Insights

March 10 2019

Colliers International Valuation & Advisory Services (CIVAS) is a leading provider of real estate valuation and consulting services that plays a pivotal role in today’s business climate. An accurate and well supported opinion of property value...

18 COMMERCIAL REAL ESTATE TRENDS TO DOMINATE IN 2019

December 26 2018

Goodbye 2018, hello 2019! As the new year approaches, Bisnow spoke with several industry execs, researchers and economists to uncover the major trends expected to dominate the commercial real estate industry in the coming year. From the rise...

CBRE Marketview Akron Office, H2 2018

December 01 2018

The Akron market ended 2018 with a total net absorption of 114,936, the second highest yearend total in the last five years due to a major announcement by Babcock & Wilcox (see next bullet point). Increased activity has had positive effects ...

Industrial Investor Sentiment Report – October 2018

October 15 2018

October 10, 2018 Real Capital Markets (RCM) joined with the Society of Industrial and Office Realtors (SIOR) for the second year to gauge how the industrial market is faring from an investment standpoint. This study was compiled through a survey...