Lenders and borrowers in New York City must be cautious of a requirement that can add significant time and costs to development projects.

CHICAGO—Developers will add just another 1.3 million square feet of new space to the inventory, mostly in the suburbs, one of the lowest amounts in 11 years.

SAN DIEGO—A number of factors come into play to adjust hotel cap rates, including wild cards like 1031 exchanges and foreign buyers whose expectations differ from other buyers, CBRE's Bob Kaplan tells GlobeSt.com.