Research

As millennials flock to live and play in Brooklyn and Long Island City, Queens, work space is also driving leasing activity, according to CBRE's latest office market reports.

Newark, NJ is also emerging as a technology hub. CBRE reports that total tech occupations grew 9.7% from 2013 to 2018 in the City of Newark.

The average US multifamily rent increased by $12 to $1,465 in June, according toYardi-Matrix.

It is important to diversify across sectors and geographies to mitigate specific risks, PGIM Real Estate says in its Global Outlook.

Risk aversion is driving demand for this asset category, whose hallmark is the long-term nature of the leases and the credit underpinning the tenants, CBRE's Will Pike said.

Of the total second quarter leasing activity, more than 4.5 million square feet—or two-third of all deals— took place in Central New Jersey.

A new study shows that four in five CRE developers prefer working with banks that offer non-recourse repayment options,

Investors are diversifying their portfolios by adding affordable properties to the mix, says Berkadia's Ernie Katai.