Capital Markets

The vacancy rate has climbed to 9.4% in the market and the sublease supply has increased to three or four times the pre-pandemic norm as tenants shed office space.

Retail rents in all 17 New York City retail corridors have decreased since 2019, ranging from 1% to 25%.

Most metros are seeing "bleak" fundamentals in apartments, office and retail, according to a new Moody's Analytics.

Currently, there are $3.1 billion of ARAs outstanding among 442 loans.

Apartment occupancy and rents will return to pre-pandemic levels by the end of this year, leading into 2022.

In 2020, senior housing occupancy fell nearly 7% to 80.7% due to COVID-19 outbreaks.

The two firms acquired the 54-portfolio portfolio, which is located in 28 core US industrial markets, in a 50/50 joint venture.

While all property values were down last year by 8%, this was not the drastic ending that many feared, according to Peter Rothemund, managing director at Green Street.