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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.
May was the second straight month of rent increases after 11 straight decreases.
Chinese investment in U.S. real estate was the trigger point.
It exited 47.2% of locations and reduced future rent expenses by more than 50%.
For investors, understanding these trends can provide significant advantages.
A new SEC case is an example of an unfortunate trend.
Tenants love the idea but the real estate industry is up in arms.
Inks 10-year deal to manage 240K SF of offices in Tower 49.
And that's at best. It's still possible that there could be no cuts.
It's another bit of bad news when considering if an expected wave of CRE problems is an overhyped myth or a realistic prediction.
39% of the CMBS loans mature in the Q1 became delinquent and failed to pay off or get extended.