Globest Sectors

Following a dramatic dip in condominium sales from March through June 2020, the September volume increase was concentrated in transactions ranging from $800,000 to $1.4 million, according to a Polaris Pacific report.

Santa Monica and Glendale are roughly the same age and in similar growth phases, but they have taken a different approach to development.

Greystone tapped Freddie Mac for the refinancing of the 306-unit apartment.

With financing in place, construction will now begin on the 1.4 million-square-foot development that will encompass a full block and reach 27 stories.

In June Simon Property Group announced it was terminating its merger agreement with Taubman Centers because it had experienced a material adverse event with the coronavirus.

Co-living rents and occupancy have declined during the pandemic, but the market is poised to rebound in the long run.

Year-to-date investment in the sector plummeted 48% in the industry.

CBRE's chief global economist expects the roll-out of a Coronavirus vaccine, a new President and general optimism to fuel the start of the recovery.