Mortgage delinquency rates, which have been a bellwether of distress in the commercial real estate sector during the pandemic, are continuing to improve. One area of concern, however, is that elevated levels of delinquencies in the lodging and retail sectors are expected to linger as troubled loans slowly work toward resolutions, with some defaults expected.           All […]

For 75 years, the Army-Navy store in downtown Greenville had occupied a 6,000-square-foot space on South Main Street. The business announced plans in early 2021 to relocate to Laurens Road, after selling the location it had long occupied for a reported $1.34 million. While the new owner clearly has plans for the space after paying […]

Ten years into this expansion cycle and properties are continuing to post impressive price growth. Property price growth rose 1.1 percent in May from April, the biggest monthly increase since early 2015, according to the latest U.S. National All-Property Index tracked by research firm Real Capital Analytics (RCA). Year-over-year pricing growth jumped to 7.2 percent. […]

Have you ever come across a roadblock, turned to take an alternative route and found yourself up against another obstacle? During Saskatoon’s construction season (basically anytime not designated Winter), it can be frustrating trying to find a route without some hurdle. Likewise, commercial real estate buyers and sellers can potentially encounter endless roadblocks during the […]

(Bloomberg)—Brookfield Asset Management Inc. is exploring a sale of real estate company Simply Self Storage, which could fetch about $1.3 billion, according to people with knowledge of the matter. The alternative asset manager, working with advisers, has fielded interest from prospective suitors, said the people, who requested anonymity because the discussions are private. A Brookfield […]

A robust pipeline of new apartments planned prior to the COVID-19 pandemic has continued to deliver projects throughout 2020. To attract tenants to properties at a time when many Americans are facing economic uncertainty and others are considering whether to leave cities and move to the suburbs, owners are now offering generous concessions, including months […]

As COVID-19 continues to disrupt the economy, now could be a great time to make opportunistic commercial real estate investments in the Phoenix Metropolitan area. With the unpredictable nature of the market, those with cash have an upper hand. Furthermore, those with strong credit can finance with interest rates that are two and four percent […]

Within the next week, David Marino will list nearly 300,000 square feet of sublease office space in Sorrento Mesa that current tenants no longer need. For Marino, a principal at the Hughes Marino commercial real estate brokerage firm that specializes in representing tenants, these subleases are an early wave of what he expects to be […]

As the impact from the measures to stem the spread of COVID-19 takes hold of irtually every sector of the U.S. economy, real estate economists are revisiting their predictions for 2020 made at the beginning of the year. Just over two months ago, industry economists were saying 2020 activity should largely mirror the level seen […]

A common worry in 2019 was the specter of “the next recession.” Economists spent the better part of the year warning us about how we’re overdue for a crash and from the New York Times to the Wall Street Journal, media outlets ran stories and opinions about the next downturn—what would signal it, when it […]