Michelle Matteson

Dialing Down

(CMBS delinquencies by property type; $ in billions)

Downtrend

National cap rate performance based on properties and portfolios of $2.5 million and greater

The Circle of (Real Estate) Life

(total all-property returns, 2014 performances vs. five-year annualized)

New York City Spotlight: City Lights

(top 10 commercial sales recorded in May 2015)

Office-ially Up

(change in U.S. commercial real estate under construction)

Inching Forward

(value of manufacturers’ new orders; not seasonally adjusted; $ in millions)

Slow Growth

(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)

Pretty Picture

(U.S. office market conditions*)

Forward Momentum

Commercial/multifamily mortgage bankers originations index