Globest Sectors

The overbuilt and bustling CBDs leave little room for new construction, consequently, investors are shifting focus towards the suburbs, where vacant land is still available and the potential for large-scale development remains.

Leasing activity in the Greenspoint market, considered a good location with amenities, continues to be steady as the Houston economy strengthens following the recent downturn in the oil industry.

RentCafe says that the fastest year-over-year growth stems from small and medium-sized cities, while a well-filled delivery pipeline will temper future gains overall.

In all, Altisource Residential has acquired more than 7,500 single-family rentals from Amherst Holdings, at a total purchase price north of $1 billion.

VICI Properties also entered into a definitive agreement with Caesars to sell approximately 18.4 acres of undeveloped land located behind the LINQ Hotel & Casino and Harrah's Las Vegas for $73.6 million.

Westport Properties is investing in infrastructure and a community park to win community support for a self-storage development in Compton.

The Los Angeles market doesn't make the list for the top market in the country for office development, and it could say a lot about the local economy and office market.

The building's co-owners Beacon and MetLife stress the desirability of Midtown Manhattan.