DECEMBER 21, 2019

Top Stories

Office

The Nine Most Resilient U.S. Office Markets

By Patricia Kirk, Contributing Writer

Based on insight supplied by Richard Barkham, of CBRE, as well as Alan Pontius, senior vice president/national director with Marcus & Millichap, and Greg Kraut, managing partner with KPG Funds, a real estate private equity platform, NREI has selected the following office markets as the most likely to show resilience in the event of a recession or a downturn.

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Finance & Investment

Life Companies Aim to Maintain Their Lending Levels in 2020

By Beth Mattson-Teig, Contributing Writer

Life insurance companies are holding their own in the competitive commercial real estate lending market and exhibiting a growing appetite for multifamily loan originations.

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Office

What Do Office REIT Executives Think About Co-Working’s Future?

By John Egan, Contributing Writer

WeWork certainly made waves this year when the co-working giant fired its CEO, laid off 2,400 employees, yanked its much-anticipated IPO and drastically reduced its valuation. But for office REITs, the debacle hardly made a ripple—a calmness expected to extend into 2020.

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Analysis

Multifamily

Average New Apartment Size Shrinks in East and West Coast Cities

By Bendix Anderson, Contributing Writer

The new apartments now opening tend to have fewer bedrooms spread over fewer square feet of space than just a decade ago. “They are getting smaller,” says Caitlin Walter, vice president of research for the National Multifamily Housing Council (NMHC). “Part of that is where apartments are getting built.”

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Alternative Properties

Limited-Service Hotels Dominate Hospitality Construction Pipeline

By Sebastian Obando, Staff Writer

Developers continue building limited-service hotels in top markets, according to industry sources. “They are among the most profitable of the [hospitality] property types,” says Anne R. Lloyd-Jones, managing director in the New York office of HVS, a global hospitality consulting firm.

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Gallery

Finance & Investment

The Top Countries Investing in U.S. Real Estate in 2019

By NREI Staff

In terms of who is buying, Canadian investors remain the most active cross-border buyers in the U.S. Canadian entities accounted for more than 40 percent of total foreign investment in the U.S. in the quarter. In contrast, capital from China has decreased compared to 2017, when such investores "represented an outsized presence in the U.S.," according to RCA. "Among Asian sources, capital from Singapore, Japan, Hong Kong and South Korea is coming into the U.S. at higher levels than from mainland China." The following gallery includes the top 20 countries listed in RCA's report.

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Commentary

Property Management

Why You Should Consider Conducting a Cost Segregation Study on Your Property

By Theresa M. Samples

If you haven’t considered a cost segregation study on your property, there is good probability that you haven’t claimed the appropriate amount of depreciation, meaning that you could have missed out on tax deductions in the form of additional depreciation expenses earlier in the life of the property.

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Podcast

Finance & Investment

NREI's Common Area, Episode 24

By NREI Staff

In this episode of Common Area podcast, David Bodamer talks about his trip to Toronto, where he attended the Global Property Market conference and the annual Toronto Real Estate Forum. David discusses what he learned about Canadian commercial real estate trends and how the status of the U.S. economy and commercial real estate market is influencing investor decisions in Canada.

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NREI Wire

U.S. Consumption, Incomes Pick Up in Sign of Holiday Cheer

Bloomberg

Consumer purchases rose by 0.3 percent in November.

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