New York City
Office Tower Housing Part of Manhattan’s Famed Saks Flagship Seeks Residential ConversionThe building has struggled to compete with more modern buildings, owner Cohen Brothers said in a filing.
Savills Taps Janet Woods as New North American PresidentThe global brokerage promoted the 30-year industry veteran to lead the company's North American branch.
Luxury New York Condo Tower Hits 50% Sold MarkThe project is billed as the tallest building on Manhattan’s Upper West Side.
JLL To Acquire Data Center Technical Advisory FirmThe Chicago-based brokerage giant is adding New York’s SKAE Power Solutions as data storage needs expand rapidly.
Global Wellness Real Estate Spending To Reach Nearly $1 Trillion by 2028, Study SaysThe growth has outpaced overall construction investment over the past five years as health concerns drive demand for properties.
CoStar Insight
Venture Capital Investment Ticks Downward in New YorkFollowing two record years of activity, the venture capital market is on pace for its third consecutive annual decline, according to data released in the latest PitchBook-NVCA Vent...US New Hotel Construction Pipeline Projects Surge 10% Year-Over-Year At the end of April, more than 6,300 new hotels were in the U.S. construction pipeline, a 10% increase from the same time last year. The pipeline includes hotel projects that hav...
New York To Redevelop Brooklyn Marine TerminalGovernment officials are planning a combination of a modern port and a mixed-use community hub.
Newmark Brokers Take Top Award in New YorkA law firm relocation won the dealmakers a coveted honor from the Real Estate Board of New York.
More News
One of Phoenix Area’s Latest Office Developments Lands Major LeaseWillScot Mobile Mini Holdings signed a long-term deal for a relocated headquarters space in Scottsdale, Arizona.
Homebuilder Confidence Drops for First Time Since NovemberHigh mortgage rates are pushing potential homebuyers back to the sidelines.
Two Illinois Firms Partner on Operations as Multifamily Sector Braces for Wave of AcquisitionsMarquette Cos. and Orion Residential will look to save costs while seeking investment opportunities in the Sun Belt.
Another Macy’s Location, This One in Atlanta, Identified in Chain’s Purge of Underperforming StoresMacy’s to unload store at Atlanta-area mall in quest to generate revenue from property sales.
The Container Store Begins 'Strategic' Process That Could Lead to Selling the CompanyThe decision to seek alternatives comes as The Container Store has been trading below $1 for the past 30 days, no longer making it in compliance with the New York Stock Exchange.
Earnings
Hotel REIT Execs Expect Deals Pace To Pick UpHotel real estate investment trust executives said during their recent earnings calls they expect more deals in the second half of this year, driven by owners feeling financial stress and investors with built-up capital.Thailand’s Minor International To Continue Hotel Expansion Across EuropeYuan Fang, senior vice president of development for Europe and the Americas at Minor International, said the firm is committed to sustainable and meaningful growth across Europe.
Red Lobster Abruptly Shuts Roughly 100 Restaurants NationwideAn all-you-can-eat shrimp backfire preceded the chain reportedly considering bankruptcy protection. See the list of locations the chain said are closed.
JLL Hired To Market Los Angeles Gas Company TowerThe downtown property is among other facing office market struggles.
Daily Roundup
Walmart Shifts Most Remote Staff to On-Site Work, Office Attendance Edges Higher, Construction Costs RiseHere’s what you need to know to start your day.Biden Increases Tariffs on Chinese Imports for Computer Chips, Electric VehiclesBillions of federal dollars meant to bolster US production to be put to the test.
Hotel Owners Say Local Politics Supersede Supply-Demand Dynamics in Investment DecisionsWhile supply-demand dynamics still matter when judging a market for investment, hotel executives say they're paying more attention to local politics.
Daily Roundup
Inflation Expectations Rise, Court Halts Cap on Credit Card Fees, Port Cargo Traffic Gains MomentumHere’s what you need to know to start your day.Here's How the Largest Commercial Property Brokerages Engage in 'Quiet Cutting'Selective cost reductions are helping drive improved results for large firms.
CBRE Grabs Savills Industrial Team in HoustonGrant Hortenstine leads the foursome making the move to the world's largest brokerage.
Henderson Park Buys Arizona Biltmore for $705 MillionLondon-based Henderson Park bought the 705-key Arizona Biltmore, LXR Hotels & Resorts, from BRE Hotels & Resorts in a deal priced at $1 million per key.
Earnings
Hotel Executives Dismiss Weak First Quarter, Encouraged by Future DemandDespite tough year-over-year comparisons in the first quarter, hotel companies and real estate investment trusts are optimistic that middle-income and affluent travelers aren't slowing down on travel, which should drive better performance in the second half of 2024. Daily Roundup
Consumer Confidence Drops, Border Trade Groups Warn of Shipping Delays, Aldi and McDonald’s Cut PricesHere’s what you need to know to start your day.Featured
Podcast
Podcast
Hospitality
Some Markets Poised for Bigger Rebound
Hospitality
CoStar Insight
CoStar Insight
Higher Interest Rates Slow but Do Not Stop Originations
CoStar Insight
CoStar Insight
Analytics
Decline in Projects Expected To Play Out Differently Across Markets
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Office
Usage Patterns May Have Stabilized, but Footprints Are Still Adjusting
Office
CoStar Insight
CoStar Insight
Analytics
As Rent Growth Decelerates, Investors Shift Focus to In-Place Income
Analytics
CoStar Insight
CoStar Insight
If Recent Movements Are Any Indication, Further Price Declines Lie Ahead
Power Brokers
Power Brokers
Top News
Brokers Won Big Property Deals as Persistent Inflation, High Borrowing Costs Weighed on Markets
Top News
International News
United Kingdom
Fund Planning £200 Million Investment in Sector
United Kingdom
Spain
Fund Manager and Local Operating Partner Refurbished Palacio Solecio
Spain
United States
Pbb Warns of Further Fall in US Office Values
United States
United States
SmithGroup's Design Combines Latest Workplace Trends With Company-Centric Features
United States
United Kingdom
Ecommerce Giant Confirms CoStar Exclusive on £500 Million Investment at Segro Logistics Park
United Kingdom
United Kingdom
Siemens To Build 600,000-Square-Foot Oxford Facility and New Jersey AI Startup Picks London for European HQ
United Kingdom
Ireland
SEC Filings Revealed Lower Year-on-Year Occupancy in Last Quarter Before Sale
Ireland
United States
Jim Neil, CEO of Churchill Capital, Lands City Funds To Help Launch Dallas Team
United States
The owner of Clybourn Place says it plans to knock down and replace most of the existing retail space.
Exclusive
UnitedHealthcare Looks To Dump ‘Unused’ Midwest Office Hub in Response to Hybrid Work Shift
The insurance giant has listed half of its Wisconsin outpost in a sign that tenants aren’t done shedding their real estate holdings.
CoStar Insight
After Driving Up Vacancy Rate, Record Wave of US Industrial Development Begins To Recede
The decline in new projects is expected to play out differently across markets.
This Real Estate Executive Turned His Passion for Pro Sports Into a Family Affair
Churchill Capital CEO Jim Neil is teaming up with his two sons on Dallas Trinity FC, the city's newest professional sports team.
Signs of More Office Demand Raise Optimism for Recovery
Leasing momentum and increasing deal volume point to the potential start of a rebound, according to some stakeholders.
Featured
Podcast
Podcast
Hospitality
Some Markets Poised for Bigger Rebound
Hospitality
CoStar Insight
CoStar Insight
Higher Interest Rates Slow but Do Not Stop Originations
CoStar Insight
CoStar Insight
Analytics
Decline in Projects Expected To Play Out Differently Across Markets
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Office
Usage Patterns May Have Stabilized, but Footprints Are Still Adjusting
Office
CoStar Insight
CoStar Insight
Analytics
As Rent Growth Decelerates, Investors Shift Focus to In-Place Income
Analytics
CoStar Insight
CoStar Insight
If Recent Movements Are Any Indication, Further Price Declines Lie Ahead
Power Brokers
Power Brokers
Top News
Brokers Won Big Property Deals as Persistent Inflation, High Borrowing Costs Weighed on Markets
Top News
International News
United Kingdom
Fund Planning £200 Million Investment in Sector
United Kingdom
Spain
Fund Manager and Local Operating Partner Refurbished Palacio Solecio
Spain
United States
Pbb Warns of Further Fall in US Office Values
United States
United States
SmithGroup's Design Combines Latest Workplace Trends With Company-Centric Features
United States
United Kingdom
Ecommerce Giant Confirms CoStar Exclusive on £500 Million Investment at Segro Logistics Park
United Kingdom
United Kingdom
Siemens To Build 600,000-Square-Foot Oxford Facility and New Jersey AI Startup Picks London for European HQ
United Kingdom
Ireland
SEC Filings Revealed Lower Year-on-Year Occupancy in Last Quarter Before Sale
Ireland
United States
Jim Neil, CEO of Churchill Capital, Lands City Funds To Help Launch Dallas Team
United States
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