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CoStar Insight

Hotel sales volume increases in the Midwest, led by Chicago, Indianapolis and ColumbusHotel sales in the five-largest hotel markets in the Midwest have increased, trading at a faster pace than in the previous year. Through the first five months of 2024, hotel sales ...

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Here's what's partly behind the pickup in US apartment demandA deal for properties across the Sun Belt marks an investor's bet on more multifamily momentum.

Once-giant Sears could soon be down to just five locationsThe retailer is planning to close a store in California while plans swirl around two others in Florida.

Daily Roundup

Mortgage applications rise as rates ease; Ferrero plans to buy cereal maker WK Kellogg; Jobless claims declineHere’s what you need to know to start your day.

AI tool aims to help multifamily operators collect pet fees from rentersPetScreening said its platform can help combat billions in lost annual industry revenue.

CoStar Insight

Office leasing diverges in the first half of 2025As the recovery in demand surges in some markets, the gap between high and low performers is widening.

CMBS Notebook

Owners seek extensions for Northern Virginia office loans; Miami office building nears bankruptcy sale; Atlanta hotel owner defaultsA weekly look at the commercial mortgage-backed securities business.

Daily Roundup

Multifamily completions near 40-year high; Import cargo on track for rebound; Declining immigration weighs on GDP growthHere’s what you need to know to start your day.

Snapshots

Four Seasons complex designed to respect historic neighbors — while towering above themArchitects looked to make the Boston tower not detract from buildings at Christian Science Plaza.

Nordstrom to close two US department stores as retail industry faces rough patchThe Seattle-based retail giant that went private in May plans to shutter stores next month in St. Louis and Santa Monica, California.

CoStar Insight

US hotel openings rise through first half of 2025Economy and midscale properties are driving the increase, though the pipeline is projected to cool.

Dealmakers, with billions to spend on real estate, grow optimistic for rest of 2025Momentum could return to the market soon with emerging opportunities, according to industry professionals.

CoStar Economy

Slower job growth is a demand-and-supply storyEmployment remains on stable footing despite signs of weakness.

Podcast

Labor attorney urges hoteliers to prepare for arrival of ICE agentsIn a podcast interview, immigration and hospitality industry attorney Jessica Cook explains what hoteliers need to know about ICE raids and arrests and how they should create response plans for their hotel staff.

Hotel owners want better communication from on-property expertsRevenue, sales leaders need to understand different ownership groups' goals and preferred key performance indicators.

Federal Realty partners with Mercedes-Benz on rollout of EV charging stationsMercedes-branded chargers will be installed at 20 initial locations in 2026.

Daily Roundup

Texas flood toll mounts; Supreme Court lifts block on government firings; Inflation expectations fall; Office attendance slidesHere’s what you need to know to start your day.

Oaktree deals blow to struggling LA tower with relocation plansThe investment firm inked one of downtown's largest office leases to depart from its longtime headquarters.

CoStar Insight

US logistics tenants vacate more space than they take for first time in 15 yearsRetailer inventory growth is moderating, and that's reflected in quarterly leasing.

Exclusive

Apartments, retail sold within 47-story tower on Chicago’s North Michigan AvenueThe Millie on Michigan project broke ground in the early months of COVID-19 in 2020.

The US hotel deals with big price tags from the first half of 2025CoStar News Hotels rounds up some of the largest individual and portfolio hotel transactions.

Daily Roundup

First-half job cuts highest since early in pandemic; Builder groups cheer tax bill's passage; Manufacturing activity contractsHere’s what you need to know to start your day.

How this executive leads JLL's new approach to mixed-use projectsSean McNamara runs The Mixx, carrying out the firm's strategy for blending multi-asset property operations.

BlackRock to buy industrial real estate firm ElmTreeThe move comes as the world’s largest asset manager seeks diversification across its investments.

Commercial property pros focus on incentives in sweeping federal tax and funding lawThe newly signed measure is said to hold some positives for the industry, driven by tax incentives.

Exclusive

Los Angeles office tower hits market as landlord faces mounting debtThe Jamison Properties-owned building was listed after the firm defaulted on a $35 million loan.

CoStar Insight

Sun Belt and coastal cities see higher hotel labor costsU.S. hotel labor costs per occupied room (POR) have surged across major markets, with the steepest increases concentrated in Sun Belt and coastal destinations. Rising labor expense...

People of Note

JLL expands Midwest industrial team; Parkview names new CFO; Trion executive to chase multifamily dealsRead the latest on new hires, promotions and other personnel changes.

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