Office

Credit checks aren't enough. The risks are much broader.

Climate change is a risk, and "companies are becoming concerned that large swaths of the US could be uninsurable in the future."

Multifamily absorption in the last four quarters was below the pre-pandemic levels, in the range of 60,000-70,000 units. In the meantime, rents rose year-over-year at a slower pace, according to a new analysis from the National Association of Realtors.

Riverwalk Golf Course to be redeveloped into 4,300 apartment units, 1M SF of offices.

Vacancies top 20% for first time, YTD negative absorption approaches 1M SF.

At $1,407 per SF, the 58-story tower may be the most expensive ever in NYC.

The 166-acre project will include industrial, office, retail space and spec buildings.

Absorption was up in Q3, but leasing down as available sublease space surged to 2.5M.