Plus: MSCI reports a steep 72% year-over-year drop in apartment sales for October, marking 14 months of continuous decline.
Plus: Signature Bank's $33 billion loan bid ends with little interest in $15 billion of rent-stabilized housing loans.
Plus: Chicago’s hospitality sector saw a huge occupancy boost in Q3, and is gearing up for an even better holiday season.
Plus: Nextdoor claims JLL failed to verify square footage to get a larger commission.
Plus: Goldman Sachs broke ground on a $500M office campus in DFW
Plus: Colliers' latest US Office report reveals that the national office vacancy rate has exceeded the peak seen during the Global Financial Crisis.
Plus: The office sector is witnessing a paradigm shift, with heightened vacancy rates across metropolitan areas.
Plus: Thesis Driven explores how short-term rentals in multifamily buildings can enhance NOI.
Plus: Signature Bank's $33B CRE loan book is up for auction with bids projected to be 15-40% below the original face value.
Plus: PE firm TPG is snapping up single-family homes in Florida to rent them out daily as an alternative to hotels and Airbnb.
Plus: Logistics space won’t stay affordable for long—experts expect new construction will stop, increasing rental rates.
With the 10-year Treasury yields hitting new heights, CBRE's projections suggest a cooling period for real estate values in 2024