NEW YORK CITY-The Morgan Stanley REIT Index continues outperforming the Dow, the S&P 500 and the Nasdaq. And, for the first time in nearly three years, the assets from dedicated real estate mutual funds totaled more than $11 billion.
NEW YORK CITY-The Morgan Stanley REIT Index continues outperforming the Dow, the S&P 500 and the Nasdaq. And, for the first time in nearly three years, the assets from dedicated real estate mutual funds totaled more than $11 billion.
WASHINGTON, DC-The drop is the first since 1Q 2000, when the delinquency rate was at 3.74%. By the end of the year it had climbed to 4.5% but now has dipped to 4.37%.
WASHINGTON, DC-The drop is the first since 1Q 2000, when the delinquency rate was at 3.74%. By the end of the year it had climbed to 4.5% but now has dipped to 4.37%.
NEW YORK CITY-A half block away from Grand Central Station, the 22-story office building will undergo major renovations that are expected to result in substantial increases in revenue as leases expire. Rents are now less than $30 per sf, well below average.
NEW YORK CITY-Funding for the transaction involving Ritz-Carlton hotels included $400 million from an international consortium of banks, $300 from Millennium as well as $100-million funding guarantee from Marriott International.
NEW YORK CITY-Most of the space involved class B properties with Downtown experiencing the largest return, accounting for 1.5 million sf of the 3.34 million sf net absorption this year.
NEW YORK CITY-Most of the space involved class B properties with Downtown experiencing the largest return, accounting for 1.5 million sf of the 3.34 million sf net absorption this year.
NEW YORK CITY-The Dow is up by 2% for the year, the S&P 500 is off by more than 5% and the Nasdaq has dropped by over 14%. The Morgan Stanley Real Estate Index, however, is up 4.3% for the year, down just 2.13 points from its all-time high last week.
NEW YORK CITY-The Dow is up by 2% for the year, the S&P 500 is off by more than 5% and the Nasdaq has dropped by over 14%. The Morgan Stanley Real Estate Index, however, is up 4.3% for the year, down just 2.13 points from its all-time high last week.