According to a new forecast released this week by the Mortgage Bankers Association, total U.S. commercial and multifamily mortgage borrowing and lending is expected to fall to $684 billion this year, which is a 15 percent decline from an expected 2022 total of $804 billion.
According to global property consultant CBRE, Japan's commercial real estate investment rose by 14% year-over-year to JPY 1.4 trillion in Q4 2022 driven by purchasing by domestic investors.
According to a new report from CBRE, the finance and insurance industry supplanted the tech industry last year for the largest share of the top 100 office leases in the U.S.
CBRE is reporting this week that U.S. commercial real estate investment volume fell by 63% year-over-year in Q4 2022 to $128 billion. For the year, volume fell by 17% to $671 billion from 2021's record level but was the second highest on record.