While the co-working sector is still expected to expand in coming years, some market observers have slashed their growth estimates.
The average cap rate for office buildings in Sun Belt markets is 260 basis points above core market rates.
In spite of a slight slowdown in business travel, room rates and RevPAR continue to grow.
Shorter leases, smaller store formats and new types of tenants were the topics of discussion on day three of the annual conference.
The ski slope at the American Dream mall opened on December 5. It’s the first indoor ski slope in North America.
In November, Manhattan apartment units leased at a median rent of $3,502—just $19 short of the previous record high.
Retail industry insiders anticipate that investment sales in the sector will go up in 2020.
As retailers file for bankruptcy, they also move out of warehouses and distribution facilities.
Amazon, Facebook and Google are all expanding in New York City.
Occupancy rate for assisted living properties has ticked up from recent lows.