- Property Report
Vacancies are climbing and rents are sinking amid a stalled return-to-office rate.
Vacancies are climbing and rents are sinking amid a stalled return-to-office rate.
In a sign that the office market slump is moving into a new phase, property owners are starting to unload troubled office buildings at fire-sale prices.
Many companies have settled into a hybrid work strategy that shows little sign of fading, putting pressure on cities that are suffering from declining real-estate values.
Nearly $88 billion in securitized mortgages are estimated to be at risk of default, with 42% tied to apartment buildings.
Average office usage rates remain only around half of where they stood before the pandemic in many major cities, but a challenging time for urban downtowns presents opportunities in some other locations.
Bay Area and Los Angeles officials renewed pandemic-era rent laws in cities with high housing costs. Landlords say the laws shield delinquent tenants.
Home builders are enjoying stronger-than-expected business this spring, capitalizing on the recent fall in mortgage rates.
Vacancies at lab buildings rise amid a surge in supply and decline in available funding for life-sciences companies.
Brookfield DTLA is struggling to make mortgage payments as vacancies and rising interest rates disrupt the cityโs commercial real-estate market.
The sublease inventory in Sunbelt hubs is rising while rent increases are slowing.
Cash flow from a portfolio of apartments isnโt enough to cover the cost of all the debt, a report said.
Demand for big-box space in open-air shopping centers remains strong, and many new tenants will pay higher rents, real-estate executives say.
Landlords are contending with a cyclical market downturn and with secular changes in the way people work and live.
Many insurers have slowed or stopped making office loans as billionsโ worth of such debt comes due this year.
Miami home-price growth slowed but continued its climb in the first quarter, fueled by persistent demand even as higher mortgage rates pull down housing prices elsewhere.
The plan would convert 10 floors of vacant office space above the NBC โTodayโ show studios into the Little Nell Hotel.
The U.S. multifamily housing sector is feeling the heat as interest rates rise and rent growth slows.
A new deal, which excludes New York City hotels, boosts some wages to $31 an hour over the life of the contract.
Interest-rate increases and banking turmoil push down demand for multifamily buildings.
After the Surfside condo collapse, Miami-Dade County is offering some residents loans to make structural improvements.
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