Market Trends

SVN Research - Economic Update - 5.27.2022

May 27 2022

The US National All-Property Price Index, which produces a weighted measure of commercial real estate prices, rose by 17.9% over the year ending April 2022, according to MSCI Real Capital Analytics (MSCI RCA). Month-over-month, prices rose 0...

Trepp CMBS Research - Single-Asset, Single-Borrower Deals Outpace Other CMBS Transactions; Industrial & Office Lead the Way

May 26 2022

Since 2021, single-asset, single-borrower (SASB) CMBS transactions have outpaced all other CMBS transaction types in terms of both issuance volume and quantity of loans. SASB loans have always been a fixture of the CM BS market, but for years...

Marcus & Millichap - 2022 US Retail Investment Forecast

May 26 2022

New household formations and the spending power they generate are driving factors in the Index rankings for 2022. Austin’s appeal as a relocation destination is supporting one of the fastest paces of retail sales growth in the nation, earning...

Marcus & Millichap - Cleveland Metro Area Retail - 2Q22

May 25 2022

Retailers expand suburban presence, reducing vacancy. Despite health crisis shocks across the nation’s retail sector, Cleveland’s vacancy rate recaptured the 4.7 percent 2019 benchmark entering the second quarter of 2022.

RCA MSCI - US Capital Trends - US Apartment - April 2022

May 25 2022

The headline figures for apartment investment in April are a bit misleading. Deal volume was up from a year ago, but only because of the impact of portfolio activity. The story on investment activity at the bedrock of the market – individual...

RCA MSCI - US Capital Trends - US Retail - April 2022

May 25 2022

Sales involving retail properties were a bright spot for commercial real estate investment in April. Deal volume was up from a year earlier for the sector, a situation not seen for most property types.

RCA MSCI - US Capital Trends - US Big Picture - April 2022

May 25 2022

Commercial property investment in the U.S. fell relative to last year in April after 13 months of significant growth in sales volume. Some sort of pullback in growth should not come as a surprise as the market has been moving beyond the recovery...

RCA MSCI - US Capital Trends - US Industrial - April 2022

May 25 2022

Industrial investment fell relative to last year in April after 13 months of double-digit or stronger growth in sales volume. Some sort of pullback in growth would not be surprising as the market moved past the bounce back from the fear-induced...

RCA MSCI - US Capital Trends - US Hotel - April 2022

May 25 2022

Hotel investment fell relative to last year in April after 13 months of double- to quadruple-digit growth rates in sales volume. Some sort of pullback in growth should not come as a surprise as the market has been moving beyond the recovery ...

RCA MSCI - US Capital Trends - US Office - April 2022

May 25 2022

Office investment retracted in April after 13 months of double or triple-digit growth in sales volume. Some sort of pullback in growth should have been seen as the market was moving past the bounce back from the fear-induced lows of 2020.

Self-Storage Newsletter - Colliers Valuation & Advisory Services - National Self-Storage Insights | 2nd Quarter 2022

May 24 2022

The results are in, 2021 was one of the strongest years the storage industry has ever had! Over the last couple of years, we have been able to battle through the pandemic and the different variants, withstand the protests and riots, have a change...

Marcus & Millichap - U.S. Single-Tenant Net-Leased Retail National Report

May 23 2022

Economic tailwinds aid outlook for tangible retail. The single-tenant sector is at a junction as the second half of the year approaches. Despite inflation and rising fuel prices, during the early months of 2022 retail spending gains have been...

Spring 2022 Issue - Quarterly Data Review - Rising Interest Rates & Commercial Real Estate - What to Expect?

May 19 2022

On March 16, the U.S. Federal Reserve raised interest rates by a quarter-point, the first increase since 2018. The move was widely expected and had been communicated to markets well in advance.

Trepp CMBS Research - Multifamily Net Operating Income Growth Across the Country: Trepp’s Preliminary Findings

May 17 2022

Preliminary data show single-digit multifamily net operating income (NOI) growth, which may be a surprise when looking at the uptick in rent and the cost of living. The southeast and southwest regions outpaced the rest of the U.S. in terms of...

SVN Research - Economic Update 5.13.2022

May 13 2022

Consumer prices rose 8.3% year-over-year through April, according to the Bureau of Labor Statistics’ Consumer Price Index (CPI). April’s reading was the first reduction in annual inflation since August 2021, but price pressures remain near 40...

Trepp CMBS Research - Special Servicing Rate Drops in April 2022; Office Sector Posts Two-Year High

May 11 2022

The Trepp CM BS Special Servicing Rate fell 36 basis points in April to 5.30%. Six months ago, the rate was 7.17% and 12-months ago the rate was 9.02%.

Trepp CMBS Research - Trepp CMBS Delinquency Rate Continues to Fall in April 2022 Hotel Rate Again Shows Biggest Improvement

May 04 2022

The Trepp CMBS delinquency rate posted another sizable decline in April 2022, continuing a trend that started only a few months after the onset of COVID-19.

SVN Research - Economic Update - April 29, 2022

April 29 2022

Real GDP decreased by an annualized 1.4% during Q1 2022, down from Q4 2021’s revised figure of 6.9%. This is the first quarterly contraction in US economic growth since the early days of the COVID-19 pandemic in Q2 2020.

Marcus & Millichap Special Report - CAPITAL MARKETS: BACK TO THE FUTURE - April 2022

April 28 2022

Federal Reserve officially kicks off period of rising rates. On Wednesday, March 16, the Fed approved a 25-basis-point rate increase, the first since December 2018. While the hike was a bit of a reality check for commercial real estate owners...

The Best Job Markets Aren’t in the Biggest Cities

April 25 2022

The hottest job markets in America are in five different states, but they have a lot in common. They’re in midsize cities, all with a population under 2.3 million. They're in states with fairly low income taxes, or none at all. And their ...

Real Capital Analytics - Capital Trends - US Big Picture - Q1 2022

April 22 2022

Commercial property sales climbed at double-digit rates from a year ago in Q1’22 despite the uncertainty around war, interest rates and inflation. Closing a commercial property transaction is a process measured in months and weeks however, so...

Real Capital Analytics - Capital Trends - US Office - Q1 2022

April 22 2022

Sales volume in the office sector climbed relative to a year earlier in Q1’22 despite the interest rate spike in March. Deals in this market do not close instantly, with weeks needed for a transaction to finalize.

REAL CAPITAL ANALYTICS - CAPITAL TRENDS - US APARTMENTS - Q1 2022

April 22 2022

The interest rate spike in March had little visible impact on apartment sale activity in Q1’22, with volume up at double-digit rates from a year earlier. Transactions close over multiple weeks, so the level of activity through the end of March...

REAL CAPITAL ANALYTICS - CAPITAL TRENDS - US HOTELS - Q1 2022

April 22 2022

Hotel property sales climbed relative to a year earlier in Q1’22 despite the turmoil of war, interest rate increases and inflationary pressures. The timelines to measure the closing of hotel deals though are measured in weeks or months, so the...

REAL CAPITAL ANALYTICS - CAPITAL TRENDS - US INDUSTRIAL - Q1 2022

April 22 2022

industrial property sales were up at double-digit rates in Q1’22 despite the interest rate spike in March. Transactions often close over periods measured in months, so the level of activity through March reflects sentiment for the sector from...

REAL CAPITAL ANALYTICS - CAPITAL TRENDS - US RETAIL - Q1 2022

April 22 2022

Sales of retail properties climbed relative to a year ago in Q1’22 despite the surge in interest rates in March. Commercial property sales are slower to finalize than transactions in the bond markets, with deal closing times measured in weeks...

Trepp CRE Research - MSA Snapshot: Tracking the Impact of Population Increases and Declines on Issuance Volumes Across Major CRE Property Types

April 21 2022

Over the past five years, metropolitan statistical areas (MSAs) that experienced an increase in population also saw significant increases in CMBS loan issuance. Areas that faced population declines did not report such large issuance volumes,...

SVN Research - Economic Update - April 15, 2022

April 15 2022

Consumer prices posted an 8.5% year-over-year increase through March, its fastest annual pace since December 1981, according to the Bureau of Labor Statistics. Month-over-month, prices rose 1.2%.

Marcus & Millichap - Cleveland Multifamily Market Report - 2Q22

April 15 2022

Net absorption surpasses deliveries for a fifth straight year. Almost 2,000 households will form in Cleveland this year — the highest increase since 2013. This growth, paired with elevated home prices, will expand the local renter pool and allow...

Trepp T-ALLR Research - CRE Loan Performance at Banks: Originations Up Sharply in Q4 2021, Concerns Over Higher Interest Rates & Future of Office Market

April 14 2022

Originations of commercial real estate (CRE) mortgages rebounded again to end the year, while delinquencies continued to trend down after a moderate rise in 2020. Industrial and multifamily are leading the way for loan originations, reflecting...

Marcus & Millichap - 1H22 Manufactured Home Communities

April 11 2022

Income stability fosters residential demand. The labor market has made significant strides toward recovery since the spring of 2020, notably brightening the economic outlook in the first half of 2022.

Trepp CMBS Research - Special Servicing Rate Falls Further in March; Malls Make Up Majority of Newly Transferred Balance

April 07 2022

The Trepp CMBS Special Servicing Rate fell 42 basis points in March to 5.66%. Six months ago, the Trepp special servicing rate was 7.48%, and 12 months ago the rate was 9.42%.

Trepp CMBS Research - Trepp CMBS Delinquency Rate Continues to Fall in March 2022 – Another Big Gain for Hotel Loans

April 05 2022

The recent increase in interest rates, commodity prices, and general volatility hasn’t had any noticeable performance in the CMBS market aside from some spread widening up and down the credit stack.

SVN Research - Economic Update 4.1.202

April 01 2022

The yields on the 5-year and 30-year US treasuries inverted on March 28th for the first time since 2006, raising fears of an upcoming recession.

Trepp CRE Research - Interest Rates and Commercial Real Estate - What to Expect?

March 31 2022

On March 16th, 2022, the U.S. Federal Reserve (Fed) raised interest rates by a quarter-point, the first increase since 2018 and likely not the last increase this year. The move was widely expected and had been communicated to markets well in...

SVN Research - Asset Class Report 2022 - Retail

March 25 2022

THE RETAIL SECTOR was already steeped in transformational shakeout prior to the pandemic, rightsizing to how shopping is done in an increasingly digital economy. In what has already been a decade-long process, most analysts thought it would ...

SVN Research - Asset Class Report 2022 - Industrial

March 25 2022

“All good things must come to an end,” said nobody in the Industrial sector in 2021. As the US economy continues to modernize and consumer behavior evolves, the Industrial sector has stood as a winner at every step along the way.

SVN Research - Asset Class Report 2022 - Multifamily

March 25 2022

Aside from “location, location, location,” the most cliché phrase in real estate may be “people will always need somewhere to live.” Its overuse is a symptom of its accuracy. The Multifamily sector had every excuse available to post a down year...

SVN Research - Asset Class Report 2022 - Office

March 25 2022

As the pandemic sent corporate America from boardrooms to bedrooms in 2020, long-held assumptions about productivity are now rightfully up for debate. On one side of the spectrum are those that argue that office spaces facilitate an agglomeration...

Marcus & Millichap - 2022 US Industrial Investment Forecast

March 23 2022

Southern California markets lead in the Index as Los Angeles, Orange County and Riverside-San Bernardino claim the first, second and fifth ranks respectively. A prodigious amount of imports, which must then be distributed both locally and across...

Marcus & Millichap - Special Report - Seniors Housing and Skilled Nursing

March 23 2022

Across the final six months of last year, more than 30,000 seniors housing units were absorbed, according to NIC Map® Data Service. This was a very impressive rebound after roughly 44,000 units were relinquished on a net basis during the four...

Lodging Analytics Research & Consulting - 1Q-2022 Market Intelligence Reports Release Presentation

March 22 2022

LARC believes its forecast accuracy should be transparent and offer a means for clients to alter inputs to key drivers, should they have differing assumptions.

Marcus & Millichap - 2022 North American Hospitality - National Investment Forecast

March 21 2022

Despite the substantial pandemic-driven disruptions of 2020, gross domestic product made a full recovery by the end of 2021. The economy is expected to grow by another 3 percent to 4 percent this year. More than $5 trillion of accumulated savings...

SVN Research - Economic Update 3.18.2022

March 18 2022

For the first time since 2018, The Federal Reserve’s policy-setting committee raised interest rates as they pivot away from recovery-focused accommodations towards a more aggressive fight against persistent domestic inflation.

Marcus & Millichap - Special Report - Implications of the invasion of Ukraine on commercial real estate

March 11 2022

The humanitarian, social and political crisis unfolding in Ukraine has begun to deliver some economic fallout in both global and United States markets. Oil prices have surged, the stock market moved into correction territory and a flight-to-...

Marcus & Millichap - 2022 U.S. Self-Storage Investment Forecast

March 09 2022

Self-storage operators saw record performance over the last two years as lifestyles adapted to the pandemic . To help investors adapt to and capitalize on the unprecedented climate, the 2022 Self-Storage Investment Forecast offers deep insight...

Trepp CMBS Research - Special Servicing Rate Falls in February; Office Sector Prevalent in New Transfers

March 08 2022

The Trepp CMBS Special Servicing Rate fell 25 basis points in February to 6.08%. Six months ago, the Special Servicing rate was 7.79%, and 12-months ago the rate was 9.60%.

Trepp CMBS - Delinquency Rate Cracks 4% Level, Hitting Another New Post-Pandemic Low in February 2022

March 04 2022

The Trepp CMBS delinquency rate continued its impressive decline in February 2022. The rate has now fallen in 19 of the last 20 months with only a brief uptick in late 2021.

Marcus & Millichap - 2022 US Office Investment Forecast Report

March 02 2022

Major markets in Texas and Florida claim many of the top spots in this year’s Index, led by Austin (#1) with strong residential appeal drawing employers. Raleigh (#4), Salt Lake City (#6), Nashville (#7) and Phoenix (#10) also rank highly for...

SVN Research - Economic Update 2.25.2022

February 25 2022

According to Real Capital Analytics’ Senior Director of EMEA Analytics, Tom Leahy, the spiraling conflict in Ukraine will most likely only have indirect effects on global commercial real estate conditions.

Real Capital Analytics - US Capital Trends - Big Picture, Retail, Industrial, Hotel, Apartment & Office

February 24 2022

Investment activity grew at a low double-digit pace in January after a blistering pace of deal activity in December. This change is not a sign of a market shutting down, in fact price growth continues to accelerate. The leading sectors for deal...

Trepp CRE Research - Despite Declining Retail Distress, Market Remains Cautious in 2022

February 22 2022

The retail market has been overwhelmed with massive disruption to the global supply chain caused by COVID-19. These disruption resulted in shortages of key components of manufacturing, ordering backlogs, and delays, all of which materialized...

Lodging Rebounded Ahead of 2022: Will Positive Delinquency, Issuance and Valuation Trends Continue?

February 17 2022

No commercial real estate (CRE) property type was as hard hit by the coronavirus pandemic as hotels. The sector is reliant on people’s ability to travel freely, and that was limited, and in some cases reduced to zero.

SVN Research - Economic Update 2.11.2022

February 11 2022

After a large swath of investors sat on the sidelines in 2020, last year proved to be the most active year for commercial real estate sales on record. According to Real Capital Analytics, $808.7 billion of U.S. CRE assets changed hands in 2021—...

Trepp CMBS Research - Special Servicing Rate Falls in January 2022 As Large Lodging Loans Cure

February 09 2022

The Trepp CMBS Special Servicing Rate fell 42 basis points in January to 6.33%. One year ago, the US special servicing rate was 9.71%.

January Job Creation Highlights Recovery in Key Commercial Property Types

February 09 2022

Employers tackling labor shortage in new year. The job market continued to recover in the opening month of 2022 as 467,000 jobs were created. While unemployment also rose, the labor force participation rate improved by 30 basis points to 62....

Lee & Associates - Industrial Market Overview - Q4 2021

February 07 2022

Cleveland's Industrial Market remained strong and stable during the 4th Quarter of 2021. The market's vacancy rate increased slightly to 5.0% due to the 1.37 million square feet of product that was delivered.

Lee & Associates - Office Market Overview - Q4 2021

February 07 2022

As the COVID 19 Pandemic drags on due to the Omicron Variant, the Cleveland Office Markets continue to lag behind in activity, occupancy, and rental rates. Much of the market's struggles are tied to tenants delaying decisions and limited office...

Trepp CMBS Research - Delinquency Rate Hits New Post-Pandemic Low in January 2022

February 04 2022

The Trepp CMBS delinquency rate resumed its decline in January 2022 after a one-month pause in December 2021. In December, the rate increased for the first time since June 2020. Prior to the rise, the rate had fallen for 17 consecutive months...

Marcus & Millichap - Research Brief - Housing Market January 2022

February 01 2022

Mortgage rates surge to a pandemic-era high. Following a steady but mild ascent at the end of last year, the growth trajectory of the 30-year mortgage rate became much more extreme in January.

Trepp CMBS Research - CMBS Issuance Explodes in 2021, Hits Levels Not Seen in 14 Years

February 01 2022

The private-label CMBS market came back to life with a vengeance in 2021. Total domestic issuance reached $109.12 billion, a whopping 95% more than was issued in the pandemic-interrupted prior year.

SVN Research - Economic Update 1.28.2022

January 28 2022

Real GDP, which measures inflation-adjusted economic growth, increased at an annualized rate of 6.9% in Q4 2021, according to the advanced estimate released by the Bureau of Economic Analysis on January 27th. Q4’s reading is 4.6% above the Q3...

Trepp Research - Benchmarking Cap Rates and Prepayment Penalties in the Multifamily Sector

January 25 2022

A total of 2,398 Freddie Mac, Fannie Mae, CMBS, and CRE CLOs multifamily loans in Trepp’s dataset were paid off prior to their maturity date.

SVN Research - Ecomonic Update 1.21.2022

January 21 2022

The Consumer Price Index (CPI) rose by 7.0% year-over-year in December, its highest increase in almost four decades. CPI climbed by 0.5% month over-month in December on a seasonally adjusted basis, 30 basis points lower than November’s 0.8% ...

Trepp - Bank CRE Loan Performance: Originations Up, Delinquencies Down but Still Signs of Pandemic in Q3 2021

January 19 2022

Originations of commercial real estate (CRE) mortgages rebounded in the third quarter, while delinquencies continue to trend down after a moderate rise in 2020. At a high level, conditions seem good in commercial real estate lending, however...

Marcus & Millichap - 2022 Multifamily - National Investment Forecast

January 19 2022

Nation-leading rates of job creation and household formation place Orlando and Las Vegas at the top of the U.S. National Multifamily Index for 2022. Robust in-migration also positions other major Southwest and Florida metros near the top of ...

Trepp CMBS - Another Month of Falling Special Servicing Rates Despite a Notable Uptick in Office Loan Transfers

January 10 2022

The Trepp CMBS Special Servicing Rate fell 20 basis points in December to 6.75% despite an uptick in the number of office loans sent to the special servicer.

Trepp CMBS Research - Rare Uptick in CMBS Delinquency Rate to Close 2021, New Office Delinquencies Push Rate Higher

January 05 2022

The Trepp CMBS delinquency rate increased for the first time in 18 months in December 2021. After two huge increases in May and June 2020, the rate fell for 17 consecutive months.

SVN Research - Economic Update 1-3-2022

January 03 2022

National home price growth has receded from its peak but continues to be strong, registering a 19.1% year-over-year increase in October, the latest month of data available from the S&P CoreLogic CaseShiller Home Price Index. Annual increases...

SVN Research - Through The (Murky) Looking Glass

December 28 2021

Commercial real estate weathered a difficult year in the wake of the COVID-19 pandemic. Physical distancing changed the way we inhabit and interact with physical space, and the cumulative effects of the virus have made demand for many types ...

SVN Research - Economic Update 12.17.2021

December 17 2021

The Consumer Price Index increased by 6.8% year-over-year through November 2021, the largest annual increase since June 1982. Prices climbed on a seasonally adjusted 0.8% month-over-month, 10 basis points lower than October’s increase.

Colliers - Self Storage Newsletter Q3

December 09 2021

The demand for self-storage properties in the Northeast remains strong, as the level of competition and players entering the market continues to grow.

Trepp - Special Servicing Rate Drops in November Despite Largest Newly Transferred Balance in 2021

December 08 2021

The Trepp CMBS Special Servicing Rate fell 22 basis points in November to 6.95%. In November 2020, the rate was as high as 10.15%, but the market has continued to adapt to a COVID-impacted economy.

Trepp - CMBS Delinquency Rate on the Decline Again in November 2021

December 07 2021

The Trepp CMBS delinquency rate dropped again in November, although the rate of decline slowed. Lodging and retail loans saw the biggest improvements in the delinquency rate.

SVN Research - Economic Update

December 03 2021

Markets were roiled late last week in reaction to the World Health Organization’s announcement of a newly discovered COVID-19 strain in South Africa. Dubbed the “Omicron variant,” public health officials signaled their concerns about its potential...

Trepp - Special Servicing Rate Improves as Lodging, Office & Retail See Large Cures

November 09 2021

The Trepp CMBS Special Servicing Rate fell 31 basis points in October to 7.17%, from 7.48% the month prior. This is the thirteenth consecutive month that the special servicing rate has declined.

Spotlight on Heavy Hitters in the Office Tenant Market, Starting with PwC and WeWork

November 05 2021

At the start of the pandemic, economic restrictions and stay-at-home orders made it easy to identify that lodging and retail would be troubled property types that could re-bound upon a return to normalcy. A year and a half later, this thesis...

Marcus & Millichap - Hospitality Special Report 4Q/21

November 05 2021

Summer vacations jump-started recovery. The U.S. lodging sector entered the autumn season having made up substantial ground during the spring and summer months. Loosened capacity restrictions, vaccine availability and pent-up travel demand led...

Trepp - CMBS Delinquency Rate Tumbles in October: Biggest Decline Since Early 2021, Headline Rate Falls Below 5%

November 03 2021

The Trepp CMBS delinquency rate declined sharply again in October 2021. The latest results reveal that the overall headline number fell below 5% with big drops in the lodging and retail segments. The October decline was the largest since February...

Colliers 21Q3 Cleveland, Ohio - Industrial

November 01 2021

The Cleveland/Akron industrial market has continued growth and as consumer demand increases, vacancy rates are trending down.

SVN Research - Economic Update 10.29.2021

October 29 2021

Economic growth slowed in the third quarter, settling at an annualized growth rate of 2.0% after an increase of 6.7% in the second quarter. Thursday’s advanced estimates come in below most economists’ forecasts. The latest Wall Street Journal...

Quarterly Data Review: Trepp & CRE Direct

October 27 2021

Commercial real estate professionals are more optimistic about the industry's prospects than not.

Capital Trends US Big Picture

October 20 2021

Never before have commercial property sales through the first three quarters of the year surpassed $450b but sales for the year to date in 2021 have totaled $461.3b. This surge to new highs is driven by different sectors than in the past.

Capital Trends US Apartment

October 20 2021

The apartment sector could go through one of the worst fourth quarter periods in history and still deliver record deal volume for 2021. Deal volume has totaled $178.5b through the first three quarters of 2021, which would be a near-record level...

Capital Trends US Industrial

October 20 2021

The industrial market has never been stronger. Sales for the first three quarters of 2021 have totaled $94.8b, a figure that is higher than for any comparable first three quarters of a year over time. The demand for long duration assets with...

Capital Trends US Office

October 20 2021

Total office investment shook off the challenges of the pandemic in Q3’21 and returned to a pace on par with Q3’19 levels. The headline figures, though, are somewhat misleading given a shift to more suburban activity.

Capital Trends US Retail

October 20 2021

Deal volume for the retail sector bounced back in Q3’21, with triple-digit growth rates from a year ago. The sector is not out of the woods however. Without the benefit of a one-time event surrounding the merger of two major retail property ...

Capital Trends US Hotel

October 20 2021

Deal volume for hotels bounced back more sharply than any other sector in Q3’21, with the highest triple-digit growth rates relative to a year ago. The high growth rate is more of a story of the rebound to normality rather than a shift to new...

A Steady March Toward Record CMBS Issuance in Q3 2021

October 14 2021

Private label commercial mortgage-backed securities (CMBS) and CRE CLO issuance maintained its torrid pace in the third quarter of 2021, generating $36 billion total volume, pushing the year-to-date levels over $100 billion.

Office Tenants in the Drivers Seat: A Tour of CMBS Loans with Expiring Leases

October 13 2021

Since the beginning of the COVID-19 pandemic, the general discourse surrounding the office sector has been polarizing. Once thought to be an inefficient afterthought to in-person workspaces, work from home was thrust on the business world, where...

Trepp - Special Servicing Rate Falls for Twelfth Consecutive Month, One Year of Declines

October 06 2021

The Trepp CMBS Special Servicing Rate fell 30 basis points in September, coming in at 7.48%. This month’s drop marks one year of consistent declines in the special servicing rate, following the initial rise due to the economic impact of COVID...

SVN Research - Economic Update 10.01.2021

October 04 2021

According to the Real Capital Analytics commercial property price index (CPPI), asset prices accelerated through August, growing an average of 1.5% from a month earlier. Moreover, the national all-property type CPPI is up a robust 13.5% year...

Trepp - CMBS Delinquency Rate Drops Sharply in September 2021: All Property Types Improve, Retail Falls Below 10%

October 04 2021

The Trepp CMBS delinquency rate declined sharply in September with the latest number being a little over half the level seen at the peak of the COVID-19 pandemic.

MARCUS & MILLICHAP - 3Q CLEVELAND RETAIL MARKET REPORT

September 27 2021

Return of positive absorption tied to single-tenant demand. Cleveland’s retail sector demonstrated its first signs of recovery in the second quarter of 2021 as 200,000 square feet of space was absorbed.

Bank CRE Loan Performance, Q2 2021 Not Bad, But Maybe Not That Great Either

September 24 2021

Overall commercial real estate (CRE) delinquency rates are declining after a modest rise in 2020, but individual property sectors – like the hardest-hit, lodging and retail – are experiencing much higher delinquency rates as a result of the ...

Trepp - Lodging And Retail Spur Continued Improvement in Special Servicing Rate

September 09 2021

The Trepp CMBS Special Servicing Rate fell 35 basis points in August coming in at 7.79%.This is the eleventh consecutive month the rate has declined. According to August remittance data, four of the five major property types saw decreases in...

Lee & Associates - THE CHANGING NATURE OF INDUSTRIAL DEMAND

September 09 2021

The U.S. warehouse market is booming like the red-hot housing sector, as companies compete for scarce distribution space to meet surging e-commerce demand. The competition is driving up industrial rents as retailers and logistics providers race...

Marcus & Millichap - 3Q Cleveland Multifamily Market Report

September 03 2021

Vacancy hovers below similar-size markets. Attracted to the metro’s discounted housing costs, a collection of individuals and households relocated to Cleveland during the health crisis, bolstering local demand for available apartments. According...

Trepp - CMBS Delinquency Rate Posts Largest Decline in Six Months in August 2021

September 02 2021

The Trepp CMBS delinquency rate declined sharply in August 2021, posting the largest drop in six months. The August number represented a sizable decline after several months of mostly modest improvements.

Marcus & Millichap - September 2021 Special Report - Self Storage

September 02 2021

Self-storage sector outperforming. Although not exempt to the challenges posed by the health crisis, self-storage properties have demonstrated remarkable resilience over the past 18 months. Prior to 2020 the sector was contending with the detrimental...

Trepp - 2021 CRE Sentiment Survey

August 26 2021

Concerns over economic conditions, the Delta variant, and inflation continue to weigh on commercial real estate market participants. But are there any blind spots that investors should be watching for? In a pivot from assessing recent market...

Real Capital Analytics - Capital Trends - US Hotel

August 24 2021

The theme for 2021 was supposed to be “Hot Vax Summer” as people got out on vacations and embarked on an exuberant return to normality. The delta variant of Covid-19 had other plans, but despite the challenges, deal volume for the hotel sector...

Real Capital Analytics - Capital Trends - US Retail

August 24 2021

The sale of retail properties was up at a double-digit rate in July, but even with what would usually be impressive growth, volume was muted relative to normal trends. This muted volume also put the growth rate for retail property sales below...

Real Capital Analytics - Capital Trends - US Industrial

August 24 2021

Industrial property sales climbed in July, but the growth was slightly less broad-based than it had been in recent months. Portfolio sales played an important part in the growth in deal activity for the month, though even without these megadeals...

Real Capital Analytics - Capital Trends - US Apartment

August 24 2021

Apartment deal activity in July was above normal levels for this time of the year. There was a rebound in volume in the month for assets that had fallen out of favor early in the Covid-19 pandemic, but all subtypes were up from a year earlier...

Real Capital Analytics - Capital Trends - US Office

August 24 2021

Office investment activity in July rose from a year ago and is back to normal levels. This normality in the headline figures is, however, masking the types of office investments being pursued. There is much more suburban office investment than...

Real Capital Analytics - Capital Trends - US Big Picture

August 24 2021

Capital flows into commercial real estate have more than just rebounded from the lows seen in 2020. Sales in July were above normal levels for this time of year. Everything is not as it was, however, with some property sectors doing much of ...

2021 Quarter 2 Cleveland Industrial Market Report

August 16 2021

2021 Quarter 2 Cleveland Industrial Market Report

2021 Quarter 2 Cleveland Multifamily Market Report

August 16 2021

2021 Quarter 2 Cleveland Multifamily Market Report

2021 Quarter 2 Cleveland Office Market Report

August 16 2021

2021 Quarter 2 Cleveland Office Market Report

2021 Quarter 2 Cleveland Retail Market Report

August 16 2021

2021 Quarter 2 Cleveland Retail Market Report

Colliers - Akron, Ohio Office Market - Quarter 2

August 13 2021

The Akron office market recorded its fifth consecutive quarter of negative net absorption during Q2, which totaled 32,458 SF, bringing the total loss over that timeframe to a little more than 324,000 SF.

Trepp - Ranking the Top Secondary Metro Areas for Commercial Real Estate Investment

August 12 2021

Nearly 17 months since the start of the coronavirus pandemic, the world is still working on a recovery. While the initial impact of the pandemic was especially severe in top-tier metropolitan areas, many secondary markets saw a similar fate....

Trepp - CMBS Special Servicing Rate Drops Despite Retail Increase; Lodging Rate Maintains Improvement

August 10 2021

The Trepp CMBS Special Servicing Rate dropped for the tenth consecutive month in July, coming in at 8.14% – a 10 basis point decline from the month prior. While the drop indicates continued signs of recovery, this is the smallest drop since ...

Trepp - CMBS Delinquency Rate Continues to Grind Lower in July 2021

August 05 2021

The Trepp CMBS delinquency rate fell again in July 2021, but the rate of decline has leveled off considerably from the improvements the market was seeing six months ago.

Trepp - Ranking the Top Secondary Metro Areas for Commercial Real Estate Investment in 2021

August 04 2021

Nearly 17 months since the start of the coronavirus pandemic, the world is still working on a recovery. While the initial impact of the pandemic was especially severe in top-tier metropolitan areas, many secondary markets saw a similar fate....

Lee & Associates - Quarter 2 Economic Reports

August 02 2021

The U.S. economy rose at an annual rate of 6.5% in the second quarter, slightly more than in Q1 but disappointing to economists expecting even healthier growth. Nevertheless, it was a clear signal that U.S. growth has broken free of the pandemic’s...

SVN Research - Economic Update 8.2.2021

August 02 2021

GDP grew at a 6.5% seasonally adjusted annualized rate (SAAR) during Q2 2021, according to advance estimates from the Commerce Department. The growth is an improvement from the previous quarter’s 6.3% SAAR, but it still underperformed expectations...

Trepp - CMBS First Half 2021 Recap: Strong Overall Issuance but Why Is the Conduit Market Lagging?

July 22 2021

A strong first half in the CMBS market delivered a robust $67 billion in private-label issuance. Commercial real estate collateralized loan obligations (CRE CLOs) topped $20 billion, a full-year record after only six months. Single-asset single...

Akron Office Outlook Quarter 2 - 2021

July 20 2021

Akron’s office leasing activity has remained relatively suppressed since the start of 2021 as companies embrace flexible work schedules for their employees and delay long term real estate decisions.

Trepp Report - Full Accounting of COVID-19 Crisis Shows Extent of Pain for Hotels, Malls

July 14 2021

While there has been much discussion on the broadranging effect the coronavirus pandemic has had on global economies within such a short period, commercial real estate (CRE) market participants have been looking for meaningful data as a gauge...

Trepp CMBS Research - Lodging and Retail Help Sustain Improvement in CMBS Special Servicing Rate in June 2021

July 08 2021

The Trepp CMBS Special Servicing Rate maintained its strong downward movement in June, helped by the US economy continuing to make progress towards a full reopening. The overall reading dropped by 41 basis points to 8.24% last month, making ...

Trepp CMBS Research - CMBS Delinquency Rate Extends Downward Streak by the Narrowest of Margins in June 2021

July 01 2021

With the improvement in broader US economic indicators slowing down in the second quarter of the year, the same trend was observed in the commercial real estate segment. The Trepp CMBS delinquency rate continued to decline in June 2021, but...

SVN Research - Economic Update 6.30.2021

June 30 2021

U.S. companies are increasingly looking to lure workers back to the office, with many now setting Labor Day as the deadline for their employees to return to the office. While many employers have lauded remote work as a success, increasingly...

The Mid-Year 2021 Magazine - Will The COVID-19 Vaccine Restore the Commercial Real Estate Market?

June 22 2021

Financial researchers are fond of using baseball metaphors, telling us in what inning we are during each crisis and rally. We're more inclined to follow the wisdom of Yogi Berra. The Yankees Hall-of-Fame catcher is said to have once claimed...

Showtime or Curtain Call for Movie Theaters? Screening the CMBS Exposure

June 17 2021

The last year was not one to forget for the movie theater industry. Most notably, theaters have been subject to not only social mitigation policies that completely halted movie going during the pandemic, but also now face increased competition...

U.S. Hotel Market Trends During an Abnormal Economic Recovery

June 15 2021

The U.S. is experiencing an economic recovery unlike any other in recent memory and the news is not all good. Yes, the economy is expanding on the strength of increased spending. And yes, the Fed’s massive monetary stimulus has alleviated the...

SVN Research - Economic Update 6.11.2021

June 11 2021

According to the Bureau of Labor Statistics, consumer prices rose by a seasonally adjusted 0.6% in May from the month prior. While the month-over month reading was lower than April’s growth rate (0.8% MoM), May’s 5.0% year-over-year change in...

Multifamily Occupancy Update: Key Markets See Sizable Loans Post Large Declines

June 10 2021

Back in April, Trepp reported that we had started to see signs of "fraying" in the apartment segment in some major U.S. markets. To be sure, we noted that the apartment commercial real estate segment in no way paralleled the hotel or retail...

Special Servicing Rate Maintains Strong Downward Momentum Led by Notable Lodging Improvement

June 07 2021

Helped by an improving economic outlook from easing lockdown restrictions across the US, the Trepp CMBS Special Servicing Rate continued to trend lower in May 2021. The overall reading fell 38 basis points to 8.65% in May, making it the eighth...

CRE's Next Test – The Return to the Office; Major MSAs Show Occupancy Declines

June 04 2021

With the US on track to fully reopen in the coming months and firms scrambling to figure out how to bring employees back to the physical workplace, the office segment seems to be the wild card for everyone in commercial real estate (CRE). The...

June 2021 Report What To Expect When You Are Expecting Inflation

June 04 2021

It wasn’t too long ago that persistently low inflation was keeping Federal Reserve officials up at night. Now, in a year where everything has changed, so too has the reason for Jerome Powell’s insomnia. Prices are rising, and in many corners...

CMBS Delinquency Rate Drops for Eleventh Straight Month

June 01 2021

The Trepp CMBS delinquency rate continued to decline in May with the rate posting its biggest drop in three months.

SVN Economic Update May 28, 2021

May 28 2021

SVN explains the most recent economic update in regard to the 10 main categories and property types including hiring slowdown theories, restaurant bookings, inflation expectations, construction labor, NAHB/Wells Fargo housing market index, permits...

Economic Update - May 14, 2021

May 14 2021

SVN explains the most recent economic update in regard to the 10 main categories and property types including GDP, Lumber & Wood Prices, Central Banks, ISM PMI, Proposed Real Estate Tax Changes, Early Findings on Opportunity Zones, Employment...

Economic Update - April 30, 2021

April 30 2021

SVN explains the most recent economic update in regard to the 10 main categories and property types including COVID cases & vaccinations, apartment sector, office sector, industrial sector, retail sector, beige book, NFIB small business survey...

Marcum-Hofstra CEO Survey

April 15 2021

COVID-19: Long-term changes and vaccination policies preparing for a $15/hour minimum wage.

Economic Update April 2, 2021

April 02 2021

SVN explains the most recent economic update in regard to the 10 main categories and property types including new business applications, manufacturing business outlook survey, restaurant bookings, TSA checkpoint throughput, SOFR/LIBOR, single...

CMBS Delinquency Rate Edges Lower for Ninth Straight Month

April 01 2021

Following an impressive decline in February, the Trepp CMBS delinquency rate once again continued its downward trajectory in March. The rate has now declined for nine consecutive months after seeing two huge increases after the height of the...

Economic Update March 19, 2021

March 19 2021

SVN explains the most recent economic update in regard to the 10 main categories property types including American Rescue Plan, Beige Book Summary-Economic Activity, Job Growth, Unemployment Rate, Retail Sales, Consumer Sentiment, Mortgage Rates...

Economic Update March 5, 2021

March 05 2021

SVN explains the most recent economic update in regard to the 10 main categories property types including Minimum Wage, Bank Lending Performance, Initial & Continuing Claims, Temporary vs. Permanent Unemployment, S&P/Case-Shiller U.S. National...

February Sees Fifth Monthly Decline in Overall CMBS Special Servicing Rate

March 01 2021

In February, the Trepp CMBS Special Servicing rate saw a reduction of 12 basis points, coming in at 9.60%, in comparison to 9.72% in January. This marks the fifth consecutive monthly decline in special servicing rates.

Monthly Industry Benchmarks

March 01 2021

ICSC’s Monthly Industry Benchmark report provides the most up-to-date information on the state of the retail and real estate industry.

Economic Update February 19, 2021

February 19 2021

SVN explains the most recent economic update in regard to the 10 main categories property types including Industrial Sector, Retail Sector, Single-Family Rentals, Work From Home, Labor Market, Job Openings and Labor Turnover Survey, From the...

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...