Commercial Real Estate & Business News – January 26, 2023

Retail REITs as Wall Street Darlings? Plus Conversions to Self-Storage, Sunbelt Investment and Retailer Fears

Retail REITs logged higher returns for their investors in the fourth quarter of 2022 than did REITs in other property types, according to credit rating agency S&P Global. Retail REIT returns averaged 18.4% in the fourth quarter, compared with the…»

Hotel Industry Short-Term Outlook ‘Very Good’ Based on Survey

A new survey says 20% of business travelers plan to take more trips this year than they did before the pandemic. The findings are based on national Hotel Booking Index survey research commissioned by the American Hotel & Lodging Association (AHLA)…»

Positive Outlook Ahead for Student Housing

The student housing industry is heading into the new year with positive momentum after reaching records in 2022, according to the National Student Housing Report from Yardi Matrix. As of December, pre-leasing was off to a solid start for…»

Poll: CRE’s Biggest Challenges in 2023

In CPE’s most recent poll commercial real estate professionals were asked what they believed to be the biggest challenges that their organizations will face in the new year. Sixty percent have identified interest rates and capital availability as their…»

Inventory Needs to Increase to Balance Housing Market: Fed Beige Book

Housing sales, construction declined across all 12 Federal Reserve districts amid elevated rates High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts…»