After a steep decline in property prices, lower borrowing costs are drawing investors back to commercial real estate, hinting that the market may be reaching its bottom.
Commercial real estate investors believe we’re at a cycle bottom and that asset values have either already bottomed out or will before the end of 2024.
CoreLogic's latest SFR Index (SFRI) shows that the single-family rental (SFR) market is growing unevenly, with luxury rentals driving much of the growth.
India-based hotel giant Oyo is acquiring Motel 6 from Blackstone for $525 million in all cash as part of its strategy to expand in the U.S.
Fortress, Goldman Sachs, and Principal Financial are launching non-traded REITs to finance commercial property debt, with Goldman aiming to raise up to $1 billion from high-net-worth investors, according to an SEC filing.
Powell is determined to stick the landing, but the path forward is murky. Future cuts depend on incoming data, leaving the market to speculate whether more half-point cuts are on the horizon.
U.S. banks saw a sharp uptick in high-volatility commercial real estate (HVCRE) loans in Q2 2024, with a 20% increase following a four-year low in Q1.
San Francisco could extend rent control to 40% of its renters if voters approve Proposition 33 this November.
The luxury retail market in the U.S. reached $75 billion in 2023, driven by post-pandemic growth, though inflation is cooling demand.
Madison Realty Capital just closed a $2.04B real estate debt fund (the largest in the US YTD). The fund will focus on opportunistic residential, hotels, industrial, and retail properties in major metro areas.
The U.S. commercial mortgage market hit $4.7 trillion in Q2 2024, with delinquencies increasing across several key investor groups.
The gap between the Fed funds rate and the 2-year Treasury yield suggests a recession could be on the horizon.
