News

May 10, 2023

CoStar World News for May 11

Saudi Arabia Fast-Tracks Hospitality Growth, UK’s New King Inherits Immense Property Portfolio, Germany’s Big-City Office Values Drop

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May 10, 2023

Facing a Slowdown in Hotel Room Rate Growth, Hoteliers Helped by Lower Hourly Wage Growth

Hotel Owners and Operators Are Facing a Slower Pricing Environment

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May 10, 2023

Las Vegas Multifamily Sales Volume Drops to Lowest Level Since 2020

About $125 Million Traded in the First Quarter of 2023

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May 10, 2023

Chicago Developer Names First CEO After Growing to $2 Billion in Deals Annually

CRG Promotes Shawn Clark to CEO, Chris McKee to President

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May 10, 2023

Jacobs Spin-Off Makes Way for $4.4 Billion Government Services Firm

Move To Part Ways With Critical Mission Solutions Business Could Close in Second Half of 2024

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May 10, 2023

Have Hotel Rates in New Orleans Reached Their Peak?

Increased Group Travel and Lower Consumer Spending Expected To Slow Rate Growth for Hotels

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May 10, 2023

Deep Discounting: San Francisco Office Tower Lands Buyer at Much Lower Price

SKS Real Estate Partners Reaches Deal To Buy Property at a Fraction of Original Listing

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May 10, 2023

Average Industrial Leases in East Bay Grow Smaller

Smaller Deals Coincide With Large-Scale Users Pulling Back on Requirements, Reevaluating Operations

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May 10, 2023

US Office Leasing Reverses Course After Months of Declines

While Activity Picks Up, Average Lease Size Drops As Businesses Watch Costs

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May 10, 2023

Interest Rates and Commercial Real Estate Returns Have Complex Relationship

High Nominal Rates Are Not the Problem, How Fast Rate Hikes Are Made Is What Surprises Market Participants

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