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US News
Valor Hospitality expands portfolio despite slower deals, development environment
Valor Hospitality Partners' Craig Strickler gives insight into the third-party management company's contract pipeline in the U.S. and global markets.
CoStar Insight
Stabilizing office demand reflects resilience — and a few cracks
After five quarters of declines, tenants start holding onto more space.
Trends
Small Virginia city ups the ante in offering tax breaks, perks to lure homebuilders
Danville seeks to increase housing amid an influx of new jobs.
Cisco inks one of suburban Boston's largest office deals of the year
The tech giant's renewal has cemented its role as an anchor tenant for the expansive office campus.
CoStar Insight
Five-year multifamily construction boom pours 1.8 million units onto the US market
The Sun Belt dominates the gain in the number of units added, accounting for two-thirds of the increase in supply.
DC trophy office building heads for foreclosure auction over hefty loan
The property is the latest addition to a procession of troubled assets scheduled to be sold in the nation's capital.
Global Report
CoStar World News for Nov. 21
Investor plans to buy three Tokyo hotels; Global law firm leases large London office space; BlackRock partners in French logistics property purchase
CoStar Economy
The struggle to contain inflation continues
But shoppers are not deterred.
Earnings
How hotel brand companies stack up with net unit growth
Executives with the global hotel brand companies highlighted robust pipelines and talked about how conditions are improving for hotel development.
Buying and Selling
Gilded Age mansion with speakeasy is for sale in Philadelphia
A 4,000-square-foot carriage house and modern kitchen are among the highlights of this Wyndmoor house.
Architects' billings rise slightly in October, breaking long string of declines
Some architecture firm leaders expect revenue growth in 2025, according to monthly AIA survey.
F1 parent company lands buyer for office near Denver-area headquarters
Liberty Media has offloaded the former Starz hub more than a year after listing the property for sale.
K-drama star, ShopCore executive celebrate Singles Day at New York mall
The event led to a jump in foot traffic at The Shops at Skyview in Queens, according to the firm's Wesley Sin.
Blackstone to buy Jersey Mike’s, the latest private-equity takeover of a US restaurant chain
The investment giant struck an $8 billion deal to buy a majority stake in the sandwich shop business.
Chart of the Day
Foreclosures tick up, led by Nevada, New Jersey and Florida
Nationally, filings for October remain 11% lower than one year ago.
National law firm fuels Philadelphia growth with office expansion
Polsinelli signs long-term lease to double its downtown space.
Daily Roundup
High-income households boost Walmart sales; Home project slowdown weighs on Lowe’s; Office traffic gets post-election bump
Here’s what you need to know to start your day.
People of Note
Lee & Associates grows hotel team; JLL fortifies Los Angeles retail services unit; Altman expands logistics leasing group
Read the latest on new hires, promotions and other personnel changes.
As Chinese tourists travel internationally again, their desires have changed
As Chinese travelers begin traveling internationally again, Western markets must adapt to the new wants of the demographic, which differ from pre-pandemic trends.
Trends
Lot setbacks get more attention as officials look to add affordable houses
Cities should consider changing rules as they adjust other limits on construction, author says.
Auction for Frank Lloyd Wright-designed tower postponed until 2025
The decision comes during litigation between a potential buyer and Price Tower's ownership group.
Lockheed Martin affiliate recommits to DC-area headquarters
Zeta Associates extended the deals for its longtime hub in Fairfax, Virginia, after landing a city incentive package.
Daily Roundup
Spirit Airlines files for bankruptcy; Credit rejections rise; Record Thanksgiving weekend shopping projected
Here’s what you need to know to start your day.
EQT Exeter buys 33 distribution buildings in a dozen US markets
The industrial property owner has said it’s a compelling time to invest.
Sections: US News
Search Market News >>
Featured
CoStar Insight
CoStar Insight
Analytics
National multifamily vacancy rate may have finally peaked
Strong regional disparities still show dramatic vacancy differences across the country
Analytics
CoStar Insight
CoStar Insight
Hospitality
Extended Stay hotels continue to be a favorite for developers
Since 2022, Extended Stay hotel supply increased by an average of 3%
Hospitality
CoStar Insight
CoStar Insight
Analytics
Demand for US retail space remains positive despite increase in store closings
Retailers face increasingly challenging environment as consumer behavior changes
Analytics
Market Moves
Market Moves
Finance
Commercial Real Estate REIT, Stock Tracker
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
Here's how widely apartment rent gains and declines vary across the country
While some Austin, Texas, neighborhoods drown in supply, areas near Washington, DC, thrive
Analytics
CoStar Insight
CoStar Insight
Analytics
Migration to Texas fueled by exodus from California last year
Lone Star State’s attractive housing market is still key to encouraging West Coast migration
Analytics
CoStar Insight
CoStar Insight
Analytics
Midwest's tight apartment supply pushes its annual rent growth well above the US average
Chicago’s historically tight vacancy and build rates should preserve its rent growth momentum into 2025
Analytics
CoStar Insight
CoStar Insight
Analytics
Looking to rent in New York? Some brokers say you may need a six-figure income soon
After broker fee change for apartments takes effect, critics say landlords will raise rents to compensate
Analytics
CoStar Insight
CoStar Insight
Analytics
Touring Chicago office tenants find discounts in the details, not in face asking rents
Of the five P’s in the marketing mix, ‘price’ and ‘painless’ renewals drive Chicago’s office leasing velocity
Analytics
CoStar Insight
CoStar Insight
Analytics
Consumers remain resilient as retail sales edge higher in October
Retailers maximize space efficiency as retail sales per square foot, excluding e-commerce, automobiles and gasoline, hit record high
Analytics
International News
United Kingdom
UK economy barely grew in the third quarter and shrank in September
Budget concerns cited as a key reason behind the recent slowdown
United Kingdom
United Kingdom
Axa IM Alts secures City's highest-ever rent at 22 Bishopsgate
Brazilian bank takes top office floor at City's tallest tower
United Kingdom
Canada
Canadian investment firm looks to sell its remaining US hotels
Skyline's change in strategy comes after period of declining revenue
Canada
Italy
Blackstone completes €190 million Sicilian shopping centre sale to Hayfin
US private equity firm repays €150.6 million outstanding securitised debt
Italy
Exclusive
Exclusive
Netherlands
Blackstone buys Dutch last-mile logistics properties from Castlelake for €82 million
The price reflects a 5.3% net initial yield
Netherlands
United States
American investor lines up circa £125 million St James's office acquisition
Sale talks are more evidence of investor appetite for £100 million-plus offices
United States
Exclusive
Exclusive
Netherlands
Arrow Global in talks to buy Utrecht shopping centre for around €100 million
Manchester-based investor recently bought mall in Leipzig
Netherlands
United Kingdom
KKR, Baupost acquire 33-hotel UK portfolio for £900 million from Abu Dhabi Investment Authority
All of the hotels are Marriott-branded
United Kingdom
Core Scientific converts Texas bitcoin campus to $6.1 billion data center hub as AI industry surges
By
Candace Carlisle
Data centers provide a more consistent source of revenue than the cryptocurrency industry, executives said.
Exclusive
Dutch company signs largest new office lease of year in downtown Chicago, filling Fulton Market building
The payment processing firm Adyen is moving into a 19-story tower.
The payment processing firm Adyen is moving into a 19-story tower.
Daily Roundup
Target cites tight consumer budgets as sales flatten; Comcast to spin off cable networks; Construction jobs rise
Here’s what you need to know to start your day.
Here’s what you need to know to start your day.
Affordable housing builder plans largest project of its kind in Seattle, where rents outpace US
Bellwether Housing wants to convert an aging apartment complex in Rainier Valley with 730 affordable rental units.
Bellwether Housing wants to convert an aging apartment complex in Rainier Valley with 730 affordable rental units.
This Miami condo tower to use sun-absorbing glass to stand out
The Residences at 1428 Brickell is touted as a groundbreaking, solar-powered residential high rise.
The Residences at 1428 Brickell is touted as a groundbreaking, solar-powered residential high rise.
Search News >>
Featured
CoStar Insight
CoStar Insight
Analytics
National multifamily vacancy rate may have finally peaked
Strong regional disparities still show dramatic vacancy differences across the country
Analytics
CoStar Insight
CoStar Insight
Hospitality
Extended Stay hotels continue to be a favorite for developers
Since 2022, Extended Stay hotel supply increased by an average of 3%
Hospitality
CoStar Insight
CoStar Insight
Analytics
Demand for US retail space remains positive despite increase in store closings
Retailers face increasingly challenging environment as consumer behavior changes
Analytics
Market Moves
Market Moves
Finance
Commercial Real Estate REIT, Stock Tracker
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
Here's how widely apartment rent gains and declines vary across the country
While some Austin, Texas, neighborhoods drown in supply, areas near Washington, DC, thrive
Analytics
CoStar Insight
CoStar Insight
Analytics
Migration to Texas fueled by exodus from California last year
Lone Star State’s attractive housing market is still key to encouraging West Coast migration
Analytics
CoStar Insight
CoStar Insight
Analytics
Midwest's tight apartment supply pushes its annual rent growth well above the US average
Chicago’s historically tight vacancy and build rates should preserve its rent growth momentum into 2025
Analytics
CoStar Insight
CoStar Insight
Analytics
Looking to rent in New York? Some brokers say you may need a six-figure income soon
After broker fee change for apartments takes effect, critics say landlords will raise rents to compensate
Analytics
CoStar Insight
CoStar Insight
Analytics
Touring Chicago office tenants find discounts in the details, not in face asking rents
Of the five P’s in the marketing mix, ‘price’ and ‘painless’ renewals drive Chicago’s office leasing velocity
Analytics
CoStar Insight
CoStar Insight
Analytics
Consumers remain resilient as retail sales edge higher in October
Retailers maximize space efficiency as retail sales per square foot, excluding e-commerce, automobiles and gasoline, hit record high
Analytics
International News
United Kingdom
UK economy barely grew in the third quarter and shrank in September
Budget concerns cited as a key reason behind the recent slowdown
United Kingdom
United Kingdom
Axa IM Alts secures City's highest-ever rent at 22 Bishopsgate
Brazilian bank takes top office floor at City's tallest tower
United Kingdom
Canada
Canadian investment firm looks to sell its remaining US hotels
Skyline's change in strategy comes after period of declining revenue
Canada
Italy
Blackstone completes €190 million Sicilian shopping centre sale to Hayfin
US private equity firm repays €150.6 million outstanding securitised debt
Italy
Exclusive
Exclusive
Netherlands
Blackstone buys Dutch last-mile logistics properties from Castlelake for €82 million
The price reflects a 5.3% net initial yield
Netherlands
United States
American investor lines up circa £125 million St James's office acquisition
Sale talks are more evidence of investor appetite for £100 million-plus offices
United States
Exclusive
Exclusive
Netherlands
Arrow Global in talks to buy Utrecht shopping centre for around €100 million
Manchester-based investor recently bought mall in Leipzig
Netherlands
United Kingdom
KKR, Baupost acquire 33-hotel UK portfolio for £900 million from Abu Dhabi Investment Authority
All of the hotels are Marriott-branded
United Kingdom
Categories
Office
Stabilizing office demand reflects resilience — and a few cracks
Cisco inks one of suburban Boston's largest office deals of the year
Las Vegas financial group dives into offices along the Miami River
Retail
Global trampoline park chain picks suburban Baltimore for next location
Target cites tight consumer budgets as sales flatten; Comcast to spin off cable networks; Construction jobs rise
Manhattan mixed-used property that hosts Eataly location goes up for sale
Multifamily
Small Virginia city ups the ante in offering tax breaks, perks to lure homebuilders
Affordable housing builder plans largest project of its kind in Seattle, where rents outpace US
Gilded Age mansion with speakeasy is for sale in Philadelphia
Industrial
New spec distribution center opens near BWI Airport
Florida firm adds pair of Atlanta industrial parks to growing portfolio
Salad dressing, sauce manufacturing plant in Atlanta to sell for $75 million
People
Franklin Street boosts national expansion plans with new student housing team
Former senior vice president at CBRE joins Marcus & Millichap
Bridge Industrial targets France; hires Henault as partner and French market head
Finance
Loan backed by high-profile Manhattan office property gets extension
Hotel REIT makes progress tackling past due debt maturities
Blackstone Mortgage hit with downgrade over weakening office portfolio
Analytics
Five-year multifamily construction boom pours 1.8 million units onto the US market
Looking to rent in New York? Some brokers say you may need a six-figure income soon
Vacancy spike in DC-area industrial market may be approaching peak
Development
Core Scientific converts Texas bitcoin campus to $6.1 billion data center hub as AI industry surges
This wide-open green space north of Dallas may soon become 300 homes
Architects' billings rise slightly in October, breaking long string of declines
Hospitality
Valor Hospitality expands portfolio despite slower deals, development environment
CoStar World News for Nov. 21
How hotel brand companies stack up with net unit growth
Healthcare
Shriners hospital for children in Texas adds residential units for families
AstraZeneca plans $3.5 billion expansion of research, manufacturing operations across US
Skanska to build $435 million hospital, medical office building in Fort Myers, Florida
Specialty
Quebec government seeks development proposals for former convent in downtown Montreal
Construction to start on ice hockey rink, entertainment venue in Tucson, Arizona
AI-leased data center debuts near downtown Los Angeles
Legal/Legislation
Chicago considers taxing downtown landlords, joining nationwide effort to boost recovery
DC real estate law firm to merge into Miles & Stockbridge
Residential real estate agents see hope in Trump victory