Commercial and multifamily mortgage bankers closed $399.8 billion worth of loans in 2014, according to the Mortgage Bankers Association’s 2014 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.Read More
With no sign of a break in California’s four-year drought, Governor Jerry Brown on April 1 ordered a statewide reduction in water use. What does the worsening drought mean for the state’s economy, real estate, and REITs? Plus, interest rate survey results from Trepp.Read More
Walk Score, now owned by internet brokerage Redfin, has released its 2015 ranking of the most walkable U.S. cities with populations exceeding 300,000. New York, the nation’s most walkable city, has increased its lead over San Francisco, which came in second.Read More
From 2007 to 2011, jobs grew faster in many downtowns than in surrounding areas, reversing a nearly 60-year-long trend in the United States. This is according to research by City Observatory, a think tank based in Portland, Oregon.Read More
Real estate investment trusts were volatile in March. By month-end, the FTSE NAREIT All REIT Index had slightly underperformed the broader markets with a gain of 1.15 percent. Meanwhile, more companies are being urged to spin-off their real estate assets into REITs. Plus, interest rate survey results from Trepp.
According to a new report from CBRE Research, annual tenant demand, as measured by net absorption, totaled 52.7 million square feet (4.9 million sq m) in 2014—the highest annual amount since 2007.
Fueled by strong expansion among life science companies, the two major pure-play life science real estate investment trusts (REITs) are expanding their portfolios through both acquisitions and new development, with earnings that reflect the benefits of this growth. Plus, interest rate survey results from Trepp.
The Crimean Embankment, a 4.5-acre (1.8 ha) site, was fully pedestrianized just over a year ago. Not long ago, this sort of public space was hard to imagine anywhere in Moscow. Mayor Sergei Sobyanin is intent on changing this—and making over this 0.6-mile (1 km) stretch of riverfront is just the beginning.
Between 2000 and 2012, the number of jobs within the typical commute distance for residents in a major metro area fell by 7 percent, according to new research by the Brookings Institution’s Metropolitan Policy Program.
Urban sprawl costs the U.S. economy more than $1 trillion annually, according to a new study by the New Climate Economy, a global commission on the economy and climate.