Commercial

The development, construction and ongoing operations within commercial real estate supported 6.25 million American jobs and pumped $861 billion into U.S. GDP during 2016
The development, construction and ongoing operations within commercial real estate supported 6.25 million American jobs and pumped $861 billion into U.S. GDP during 2016, according to the annual study “Economic Impacts of Commercial Real Estate,” published by the NAIOP Research Foundation.   Last... Keep Reading....
The level of commercial/multifamily mortgage debt outstanding increased by $46 billion in the fourth quarter of 2016
The level of commercial/multifamily mortgage debt outstanding increased by $46 billion in the fourth quarter of 2016, a 1.6 percent increase from the third quarter and a 5.8 year-over-year increase, according to the new data from the Mortgage Bankers Association (MBA).   Total commercial/... more
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.31 percent in February
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.31 percent in February, an increase of 13 basis points from the previous month, according to data from Trepp LLC. The rate is now 116 basis points higher than the year-ago level of 4... more
The lodging sector within the commercial real estate industry enjoyed a performance peak in 2016 and is on track for another halcyon year, according to the recently released March 2017 Hotel Horizons forecast report from CBRE Hotels’ Americas Research.   The new report found rooms revenue (RevPAR... more
The National Association of Realtors (NAR) is predicting a stable near-term commercial real estate environment, according to its latest quarterly forecast for this sector.   NAR foresees office vacancy rates dropping by 1.1 percent to 12.1 percent over the coming year, while the vacancy rate for... more