In New York and London, owners of gleaming office towers are walking away from their debt rather than pouring good money after bad. The landlords of downtown San Francisco’s largest mall have abandoned it. A new Hong Kong skyscraper is only a quarter leased...

Vacant office space is piling up in California's Silicon Valley as technology companies reassess their workspace needs, The Wall Street Journal reported. Office vacancies in San Jose, Palo Alto and Sunnyvale rose to 17% in June...

The long-anticipated wave of distressed CRE assets is closer to realization, with total distressed assets coming in at $64B during Q1 2023, Bloomberg reports, citing a new report by MSCI Real Assets...

Differences in cap rates capture the divergence that occurred between U.S. public and private real estate markets in 2022, with public real estate cap rates (REIT implied) higher than their private real estate counterparts (transaction and appraisal). As expected, the gaps between REIT implied...

US homebuilder sentiment advanced in June to an 11-month high as a limited supply of existing homes continued to spark interest in new construction...

In the last six months of 2022, visits to LA Fitness gyms in the Houston suburbs rose between 10% and 38%, according to Placer.ai.  In the 610 loop however, visits declined by 2% to 18%. COVID cases have mostly gone away, but the hybrid work model the pandemic spawned has not...

Is the sector benefitting from prohibitive housing costs or offering would-be buyers an alternative? In a year rife with challenges to all asset classes, single-family build-to-rent communities have been a case study in adaptability...

For the past few months, reality has been setting in for owners of U.S. office buildings. Many of them have debt coming due on buildings worth much less today...

A major Midwest bank with more than $200B in assets is saying no thank you to further office loans...