News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Mark Heschmeyer / CoStar / August 7, 2013
Although Cost of Borrowing May Go Up, Investor Risks Appear Low
Analysts believe it is becoming more and more likely that commercial real estate loans coming due in the next few years will face a higher rate environment. However, the strengthening economy is expected to offfset near-term investor risk.
Two notable commercial real estate developers and investors support the assessment that property fundamentals are catching up to the valuations created by strong capital flows into the property markets.
Owen D. Thomas, CEO of Boston Properties, said, “If interest rates go up it’sRead More
Randyl Drummer / CoStar / July 17, 2013
‘Across the Board Improvement’ is Prevailing Theme for CRE Pricing, Sales Volume, Fundamentals in May
Pricing of commercial real estate strengthened across the board, with pricing gains accelerating in May following a seasonal soft patch in the early months of 2013, reflecting solid market fundamentals, broadening investment activity and healthy demand for virtually all types of commercial properties, according to the latest CoStar Commercial Repeat Sale Indices (CCRSI) release.
The value-weighted U.S. Composite Index and the equal-weighted U.S. Composite IndexRead More
Randyl Drummer / CoStar / June 26, 2013
Prices Have Recovered More Rapidly than Transaction Activity, Suggesting Investors Focusing On Most Attractive Deals
A recent analysis of data from the CoStar Commercial Repeat Sale Index (CCRSI) finds that commercial real estate investment transaction activity has progressed much like the overall economy, showing steady but painfully slow improvement.
While prices have recovered from the trough of the Great Recession in all major markets except Jacksonville and Northern New Jersey since mid-2010, the current environment is definitely of the half-full/half-empty variety, withRead More
Randyl Drummer / CoStar / June 12, 2013
Pricing Improvements Signify ‘Virtuous Cycle’ Encouraging Lending, Capital Inflows
Commercial real estate prices resumed broad-based gains in April, shaking off the effects of a seasonal slowdown in the first quarter, according to the latest CoStar Commercial Repeat Sale Indices (CCRSI) release.
The equal-weighted and value-weighted U.S. Composite Indices posted solid monthly gains in April of 1.9% and 1.1%, respectively, as market fundamentals continued to improve across all the major CRE property types.
The value-weighted U.S. Composite Index, comprisedRead More
Randyl Drummer / May 15, 2013
Absorption, Vacancy Benchmarks Continue to Drift Sideways As Retailers Shake Out Closed Stores
Following a recent string of relentlessly unexciting market trends in retail real estate over the past several quarters comes this distinctly positive news for retail property owners — quoted asking rents have finally turned upward across all retail property types in the U.S. for the first time since 2008.
“This is a symbolic victory,” said CoStar real estate economist Ryan McCullough, who co-presented the First-Quarter 2013 Retail Review and Outlook with Suzanne Mulvee,Read More