CRE Business

Investors would welcome more consistent reporting of climate risk information. But commercial real estate companies affected by the rule are concerned about the added cost and strain on resources in additional reporting.

Tenants paid a median of $3,644 on new leases signed in March, the most in three decades of data-keeping by Miller Samuel and Douglas Elliman.

Although some pressures remain, with vacancy rates starting to fall and other fundamentals stabilizing, seniors housing developers are looking to push new projects forward.

Weekday rail ridership on average since mid-February has remained above 50% from where it was before the pandemic began, the agency said Wednesday.

While most private equity-backed car wash operators have aggressive acquisition goals, their expansion plans also involve the development of tens of thousands of locations.

The company will partner with the real estate software maker Yardi Systems Inc. to develop WeWork Workplace, a tool that will let companies manage their employees and their office space.

Skyrocketing rents are continuing to drive interest from investors of all types towards multifamily properties across the country.

Rents in the area have surged more than 30 percent over the past year.

With asset managers projecting annual total returns north of 7.0 percent through 2026, pension funds remain bullish on commercial real estate.