Property Metrics
National Vacancies
Forecasts show that, in the second quarter of 2018, net absorptions are expected to decrease in every region, with the most significant change expected to come from the Northeast, followed by the South with 13.8 percent.
Top 5 Retail Space and Office Building Sales
PropertyShark compiled the top 5 sales in office and retail for August 2017 in New York City.
Development
Month-over-month, the percentage of industrial properties under construction decreased by 20.2 percent, followed by an 8.1 percent decrease for retail properties.
CMBS Delinquencies
With historic flooding from Hurricane Harvey to Harris County (Houston and its surrounding suburbs) we reviewed the S&P Global Delinquent exposure.
National Vacancies
Year-over-year, vacancy rates for retail markets decreased in almost all the regions, with the largest change coming from the Midwest, from 6 percent to 5.6 percent in the second quarter of 2017.
Investment Activity Picks Up in 2Q
Total investment volume increased from $101.2 billion in the first quarter to $103.8 billion in the second quarter, according to Real Capital Analytics data.
Total Delinquencies Drop in August
The overall delinquency rate for CMBS fell to 9.33 percent ($14.1 billion) in August, according to S&P Global Ratings data.
National Vacancies
Net absorptions for office markets decreased during the second quarter of 2017, compared to the same quarter of 2016, in all regions.
CMBS Delinquencies
The total delinquent balance fell for multifamily ($-38m, $484.1m), lodging (-$134m, $1.2b), office (-$122m, total $5.3b), industrial (-$59m, $1b), and rose for retail ($61m, $5.6b).