Developers bet on increased resilience of New Orleans
It’s been nearly 19 years since Hurricane Katrina devastated New Orleans. Just how confident are developers that a Katrina-like catastrophe won’t recur?
How capital allocations to the office sector are changing
Office has shrunk to just 22% of the NCREIF Property Index (NPI), down from a cyclical peak of 37% in 2015, but office has fallen in and out of favor before.
Census data highlights shifts in population migration, housing patterns
Domestic population movement is reverting to pre-COVID trends. A big reason is that lower-cost housing markets have lost some of their allure. Amid sharply higher borrowing costs, now is not the best time to try to dispose of an existing home and purchase another in a far-off location.
Gauging how commercial real estate prices are faring is difficult during periods of volatility and limited liquidity. However, CBRE Econometric Advisors recently explored four alternative approaches to estimating property yields.