NOT FOR REPRINT
Page Printed from: globest.com/markets/northeast/?page=55
Sign In To follow
Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
This could lead to lower supply and higher rates.
There were 36.7% more homes actively for sale on a typical day in June compared with the same time in 2023.
We're seeing evidence that intrepid CRE professionals are wading into the waters of dealmaking.
Pressures have been building, one at a time, on the larger banks when it came to CRE.
But the Fed has also said it's not in a rush to make cuts.
The average results were 140 basis points worse than at the end of 2023.
Property loans based on faked financials and valuations are on the rise, say regulators and federal prosecutors.
New York City led rent growth, while negative rent growth returned to Sun Belt metros.
Cities in Arizona came in at or near the top in each category.
CRE increasingly looks to workplace performance metrics over occupancy metrics.