Total sustainability loan issuance has hit $350B in the first half of 2021, an increase from the $179B achieved throughout 2020, with the US accounting for $122B, a considerable increase from the $19B posted throughout 2020.
The loans, which don’t carry restrictions on use of proceeds as contrary to green loans, have been of particular interest within the European Union, which provides discounts to companies who hit certain metrics pertaining to sustainability. #cre#creroundup#realestate#loans
The accelerated growth will mean a much higher proportion of online sales. The share of in-store sales is predicted to decline to 62.4% by 2025, down from about 70% this year and from 87% in 2015. E-commerce professionals believe that the store of the future will be.
E-commerce, already on the rise before it was propelled by the pandemic, could lead stores worldwide to dedicate as much as a third of their space to online order fulfillment.
Researchers estimate that by 2023, 34.8% of global chain retail will be online, up from 30% in 2021, rising to nearly 40% by 2025. Online retail sales are considerably lower in the U.S., where swiftly rising e-commerce is set to reach 23.6% of retail sales by 2025.
A new report from Crexi shows that the asking price per square foot (PPSF) held stable in June, which is a signal of consistent growth to come... For more news, subscribe to our newsletter at https://t.co/A22PTUpMjj It's completely free!
Financial regulators have been pushing for this switch because it's better and more resilient rate to use as a basis. For multifamily, everything being produced by Fannie Mae and Freddie Mac since last September...
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Manhattan was one of the hardest-hit submarkets in the US due to the fallout from the Coronavirus Pandemic, but the market is showing signs of recovery. This spring, the number of apartments that sold was more than double what it was a year ago.
The economy added 850,000 new jobs in June, above forecasters predictions of 700,000. The leisure and hospitality industry led the way in June's economic progression. The Federal Reserve predicts growth of gross domestic product over the coming months and employment to stabilize
A new report from CBRE highlights the life sciences real estate market at the halfway point of the year. Employment in the sector reached an all-time high this year. Venture capital funding hit a quarterly record of $10B.
#labspace#biotech#lifesciences#cre#creroundup
The median existing-home sales price in May topped $350,000 for the first time, the National Association of Realtors (NAR) says. It's the biggest year-over-year price increase (24%) NAR has recorded in data going back to 1999.
#realestate#cre#investments#creroundup
Bank Loans Are Lagging Despite CRE's Recovery...
The origination volume for bank CRE loans in the first quarter of 2021 was $5.1B. The first quarter was less than half the average volume in 2019, prior to the pandemic... Subscribe to our weekly at https://t.co/N6AfIZqLga for more
A new AI software from Berlin-based WAKU Robotics will assist customers in determining which robots are best suited to work in different types of logistics workplaces... for more, consider subscribing at https://t.co/A22PTUpMjj
U.S. home prices in May achieved their biggest annual increase in over two decades, largely due to a shortage of properties, low borrowing rates, and the increasing prominence of working from home causing people to seek homes with more space, all contributing to fuel demand.
According to Moody’s Analytics, roughly 20% of 1,000 US malls will either go through a “major repurposing”, renovation, or be knocked down to pave the way for newer properties. Notably, the 80% that’s expected to survive will be those of a higher building class
A new study conducted by the University of Pennsylvania’s Wharton School of Business has concluded that the additional $579B in new infrastructure spending proposed by President Biden would increase domestic output by 0.1% and decrease US debt by 0.9% by 2040 and 2050. #economy
Another eviction moratorium extension!!! The Biden administration extended the federal ban on evictions for a fourth and likely final time. 14 states plus the District of Columbia have additional eviction bans in place and over half are set to expire this month. #creroundup
The great American commercial RE comeback.
Commercial real estate notes have recovered to pre-pandemic levels indicating that the hard times are over. With employment recovering too we could be witnessing the greatest economic comeback!!! #creroundup#cre#realestate#economy
Multifamily in the region is hot. Investors bought more than $2.1B of Atlanta apartments during Q1, an 18% increase from the same period in 2020. Driven by an influx of residents moving from the Midwest and the Northeast and the attractiveness of Atlanta's higher education base.
Atlanta!! excellent logistics infrastructure, quality and depth of labor, and a pro-business climate. creates a very compelling value proposition for distributors. Aside from ranking as the nation’s 5th most active industrial market, the city is attracting big tech such as google