Commercial

When it comes to property taxes in commercial real estate world, New York City is the reigning champ
When it comes to property taxes in commercial real estate world, New York City is the reigning champ. According to a new analysis released by COMMERCIALCafé, 19 of the 20 highest taxpaying buildings are found in the Big Apple.   Leading the list with an astonishing $71 million property tax bill is... Keep Reading....
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... more
Last year saw $490.6 billion in commercial and multifamily mortgages, according to new data from the Mortgage Bankers Association (MBA)
Last year saw $490.6 billion in commercial and multifamily mortgages, according to new data from the Mortgage Bankers Association (MBA).   Multifamily properties recorded the highest origination volume at $214.1 billion, followed by office buildings, retail properties, hotel/motel, industrial and... more
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) reached the 5.31 percent level in February
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) reached the 5.31 percent level in February, an increase of 13 basis points (bps) from the previous month, according to data from Trepp LLC. This marked the highest reading since August 2015.... more
Legalized marijuana has created an extraordinary level of new activity in Denver’s commercial property market
Legalized marijuana has created an extraordinary level of new activity in Denver’s commercial property market.   The New York Times, citing a CBRE Research report, has found that 36 percent of Denver’s new industrial tenants between 2009 and 2014 were marijuana businesses. In 2015, nearly four... more