New data shows that nationwide multifamily rents increased in January, marking the first rise since August of 2022.
According to the latest Douglas Elliman report, the median rent in Manhattan reached $4,097 in January, the third-highest monthly record. This contradicts housing analysts' belief that rents might decrease this year, given the frenzy of 2022.
The CRE market is finally starting to find its footing and Green Street thinks prices could have hit rock bottom.
Some companies are shifting production and equipment to Mexico in pursuit of a manufacturing hub closer to the U.S.
Public Storage (PSA) has decided to approach shareholders directly after multiple unsuccessful attempts to secure a deal behind closed doors.
Industrial supply reached new heights in 2022 and is projected to keep growing in 2023.
One of NYC's largest commercial real estate players has taken a tumble, with property values dropping by a whopping $600M.
Workers are still returning to their workplaces, boosting office occupancy in the country’s 10 biggest metros.
LA investors are wary of the mansion tax, a measure aimed at raising $600M to $1.1B annually for housing construction and homelessness alleviation projects.
The potential bankruptcy filing by Bed Bath & Beyond Inc. could result in hundreds of empty retail stores, as the company announced plans to close an additional 90 locations.
Unfazed by the Fed’s aggressive rate hike campaign, grocery-anchored retail continued its dominance to close out a red-hot 2022.
Gambling firms want to construct a casino in Manhattan, but officials are doubtful. Developers are proposing building on sites in central Manhattan, such as Saks Fifth Avenue and Times Square, to attract tourists and wealthy clients.
