New York City
Daily Roundup
IBM plans $150 billion in tech investments; Apollo warns of recession risks from tariffs; Mother’s Day spending expected to riseHere’s what you need to know to start your day.
Broker Knakal beats Savills, Matthews rivals for top social media rankingThe veteran New York City dealmaker edged out other commercial property influencers on LinkedIn.
Related, Oxford more than double proposed housing units to boost New York casino bid oddsThe developers raised the number to 4,000 from 1,500.
Mary Ann Tighe, CBRE’s New York CEO, honored for making impactThe high-profile broker’s career has spanned 125 million square feet of deals.
Saks Global cuts hundreds of jobs four months after buying Neiman MarcusSaks Global slashed about 11% of its U.S. corporate workforce this week.
Google's headcount is spiking, but don't expect major office deals to followThe Silicon Valley tech giant is maintaining a prudent approach to real estate investments as it ramps up spending for artificial intelligence.
Las Vegas Sands abandons bid for New York casino licenseThe firm cited concerns about online gaming but would still team up with a third party.
Curbline queues up $500 million of strip mall dealsThe convenience center landlord is speeding up the pace of buying properties.
Vornado catches break with less-than-expected ground rent for Penn 1 towerAn arbitration panel determined the developer should pay $15 million annually.
More News
Sales of small businesses take more time to close as tariff concerns growFirms sat on the market 15% longer in the first quarter than a year earlier, but deals closed at higher prices, according to BizBuySell.
People of Note
JLL adds executive to boost industrial sales in West; Kidder Mathews expands California team with hire; Levin Management taps finance chiefRead the latest on new hires, promotions and other personnel changes.Brookfield boosts Houston's leasing momentum with this major renewalThe Aramco subsidiary has recommitted to its space at One Allen Center following a renovation.
This 'dingbat' apartment complex offers Pacific views, upgrade potential and a rare chanceThe midcentury modern property is for sale in Redondo Beach, California, for the first time in half a century.
Daily Roundup
Consumer confidence falls; Comcast theme park bookings positive before openings; Jobless claims riseHere’s what you need to know to start your day.Southern California retailing icon demolished to make way for housingA shortage of residences and a retail disruption are colliding as a high-profile mall store is cleared.
Small US markets lead property price growthBig-city office prices extended their pattern of declines in the first few months of the year, according to CoStar data.
Boston lands its largest office deal of the year with local firm’s $227 million acquisitionTIAA sold a downtown high-rise with a significantly discounted price tag.
Earnings
Accor: No drop in US hotel demand, a slight bump in Canada from tariff rhetoricAccor's portfolio of hotels saw little evidence of demand declines in the first quarter and signed notable deals in India and South America.Design & Construction
This former chocolate factory clears a new kind of bar with conversion into law officesAn industrial building reflects the latest design research on what employees want in a workspace.Daily Roundup
Existing home sales drop; Orders for big-ticket items surge; Jack in the Box plans closingsHere’s what you need to know to start your day.Starwood Capital Group extends office sales streak with Texas dealThe investment giant landed a buyer for a two-building office portfolio in Austin, Texas, despite the market's "significant hurdles."
CMBS Notebook
Office loan delinquencies hit new high; San Francisco hotel deal downgraded; Shopping centers find buyersA weekly look at the commercial mortgage-backed securities business.CBRE says tariff concern reduces strength of its incoming businessThe world's largest commercial real estate services company expressed uncertainty on whether it can build on its better-than-expected earnings in the first quarter.
KHP Capital Partners closes $300 million investment fundSan Francisco-based KHP Capital Partners closed on a $300 million investment fund that will be deployed across eight to 10 projects in the coming years.
HNN Video
Hyatt builds on years of growth in Europe and the Middle EastIn a video interview, executive Nuno Galvao Pinto explains the company's expansion strategy of focusing on consumers and its brand portfolio.Exclusive
This firm’s prelease let a Texas tower break ground. Now it wants to scale back the deal.Global investment firm Vista Equity Partners put a large chunk of space up for sublease as US landlords struggle with demand. Shifting US tariffs prompt property pros to balance concern with calculationThe industry faces a rough patch before the trade dispute recedes, say attendees at Western Canada’s biggest commercial real estate conference.
Brokerage aims to help get LA's flying taxi industry off the groundSkyports has tapped Commercial Brokers International to scout vertiport sites in Southern California ahead of the 2028 Olympics.
Justice Department shrinks lease in major DC office by 30% in latest federal cost cuttingThe agency committed to 402,787 square feet at Two Constitution Square in "an important lease" for the government, the landlord said.
Daily Roundup
Markets rise after Trump tariff statement; New home sales increase; Trade concerns hit restaurantsHere's what you need to know to start your day.Global Report
CoStar World News for April 24Sustainability focus boosts Bali's hotel demand; Rock stars join opposition to high-density London housing project; French real estate posts mixed investment returnsThe Container Store's plan to stop spending leads to job cutsThe organizational retailer slashed 2% of its workforce, primarily at its Dallas-area headquarters.
Say cheese: Green Bay hotel rates take 'Lambeau Leap' over standard April prices for NFL draftGreen Bay will be the smallest market by population to host the NFL draft in its entire history, which should lead to significantly higher rates and occupancy across the market this Thursday through Saturday.
CoStar Economy
Factories pause after blistering construction spendingManufacturers worry tariffs could bring price increases and curb capital investment.Podcast
Breaking down the hotel guest online invasion of privacy lawsuit in CaliforniaIn a podcast interview, cybersecurity, privacy and hospitality attorney Robert Braun from JMBM talks about an online invasion of privacy lawsuit filed against Accor and how it comes down to the use of tracking pixels on websites.Featured
CoStar Insight
CoStar Insight
Analytics
Economic policy uncertainty is effectively freezing trade activity, signaling curtailed warehouse leasing
Analytics
CoStar Insight
CoStar Insight
Analytics
With only 6% of the areas reporting rent declines, data signals a rebound in multifamily performance
Analytics
CoStar Insight
CoStar Insight
Analytics
Recent gains appear to be transitory as consumers are expected to pull back on future spending
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Impact Awards
Impact Awards
Top News
Industry pros pick work that had a major impact on their markets
Top News
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
International News
HNN Video
HNN Video
Germany
Marriott focuses on East Africa with JW Marriott and Ritz-Carlton openings, signings
Germany
United Kingdom
Lego also joining group at Al Gurg development
United Kingdom
CoStar Interview
CoStar Interview
United Kingdom
Tariffs create 'every probability' for more investment into European real estate, Pictet boss argues
Global head of real estate Zsolt Kohalmi argues investors are looking to diversify
United Kingdom
France
The decision has been taken in a climate of global economic tension
France
Analysis
Analysis
United Kingdom
0.5% growth is the fastest in nearly a year as manufacturers accelerated production in anticipation of US tariffs
United Kingdom
Germany
Ruby Hotels’ acquisition underlines European travel appeal
Germany
Canada
Buyers wait on sidelines to see trade dispute play out, Royal Bank of Canada says
Canada
United States
Tech giant to expand logistics footprint despite tariff obstacles
United States
The specialty grocer has finalized a deal for an office and retail project in Phoenix.
Why Boston and Seattle are the nation's tightest retail markets
Inventory reductions are making it harder to find space
Asset managers focus on 'what can be controlled' in select-service hotels
During the recent Hospitality Asset Managers Association conference, hotel executives spoke about their strategies to control costs and drive revenue in select-service hotels.
These seven New York projects are the most transformative, ULI says
A Google office made from a rail terminal and an all-electric building were among those singled out. See photos of the winners.
People of Note
Colliers hires veteran to chase industrial deals; Cushman adds team from Parkway; Transwestern promotes executive to lead digital growth
Read the latest on new hires, promotions and other personnel changes.
Featured
CoStar Insight
CoStar Insight
Analytics
Economic policy uncertainty is effectively freezing trade activity, signaling curtailed warehouse leasing
Analytics
CoStar Insight
CoStar Insight
Analytics
With only 6% of the areas reporting rent declines, data signals a rebound in multifamily performance
Analytics
CoStar Insight
CoStar Insight
Analytics
Recent gains appear to be transitory as consumers are expected to pull back on future spending
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Impact Awards
Impact Awards
Top News
Industry pros pick work that had a major impact on their markets
Top News
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
International News
HNN Video
HNN Video
Germany
Marriott focuses on East Africa with JW Marriott and Ritz-Carlton openings, signings
Germany
United Kingdom
Lego also joining group at Al Gurg development
United Kingdom
CoStar Interview
CoStar Interview
United Kingdom
Tariffs create 'every probability' for more investment into European real estate, Pictet boss argues
Global head of real estate Zsolt Kohalmi argues investors are looking to diversify
United Kingdom
France
The decision has been taken in a climate of global economic tension
France
Analysis
Analysis
United Kingdom
0.5% growth is the fastest in nearly a year as manufacturers accelerated production in anticipation of US tariffs
United Kingdom
Germany
Ruby Hotels’ acquisition underlines European travel appeal
Germany
Canada
Buyers wait on sidelines to see trade dispute play out, Royal Bank of Canada says
Canada
United States
Tech giant to expand logistics footprint despite tariff obstacles
United States
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