Research Center
CMBS Delinquencies
Delinquencies continued to drop year-over-year as of June 2017, except for the lodging sector, which increased by $1 million.
National Vacancies
Vacancy rates year-over-year decreased in all regions, with the largest change coming from the Northeast, which tightened to 4.9 percent from 5.8 percent in the first quarter of 2017.
REIT Dividend Yields
The hotel sector posted the highest one-year average dividend yield among the group, at 5.3 percent, outperforming the broader SNL U.S. REIT Equity Index by 1.5 percentage points.
Top 5 Retail Space and Office Building Sales
PropertyShark compiled the top 5 sales in office and retail for June 2017 in New York City.
Industrial Demand
Compared to April 2016, new orders increased for all industries except for Furniture and Related Products, which went down by 2.1 percent.
Development
Compared to May 2017, the percentage of industrial properties under construction decreased by 11.9 percent, followed by a decrease of 7 percent for office construction.
CRE Transaction Volume and Percent Change
The volume has ranged over the past 10 years from $13.2 billion in the first quarter of 2009 to $160.2 billion in the fourth quarter of 2015.
West Sees Largest Investment Decline in 1Q
All regions of the U.S. saw a decline in commercial real estate investment for the first quarter of the year, according to Real Capital Analytics data, with the West and Southwest seeing the greatest decreases in transaction volume.
Delinquencies on the Rise in June
The total number of delinquencies has continued to climb since the beginning of the year, hitting $15.2 billion as of June 2017, according to S&P Global data.
Direct Private Real Estate Returns
In 2016, direct private real estate returned 7.4 percent but across major metropolitan markets there was considerable variation due to differences in local market conditions.