Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. She has an academic background in Journalism and Irish Studies. Evelyn has been covering the CRE industry since 2017.
The U.S. office vacancy rate reached 17.5% at the end of August, rising 260 basis points over year-ago figures.
Loans on 18.1% of Class B assets — encompassing 594.2 million square feet — will reach maturity by the end of 2026.
As capital has become scarcer and more expensive, industrial construction starts and sales have slowed down in 2023.
A clear marketing strategy and monitoring channels can result in quality leads, maximum occupancy rates and high return on investments.
The sales volume dropped significantly compared to the $55 billion recorded during the same period last year.
Adaptive Reuse is Trending Upward: Despite Recent Slowdown in Office Conversions, 120,000 Apartments Underway
Last year, the number of office conversions experienced a 15% slowdown, resulting in just 3,390 apartments.
From January to June of this year, office properties have been trading at an average price of $199 per square foot.
Relying on multiple commission split plans can be an effective strategy for recruiting and retaining top agents.
New starts continued to moderate across top industrial markets in the U.S., with few exceptions, such as Phoenix and Dallas.
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