By Simon Mallinson on January 6th, 2017
Since Real Capital Analytics introduced the RCA Insights blog in 2016 our expert authors have covered a diverse range of commercial real estate topics, from cross-border capital out of South Korea to bargain hunting in the U.S. retail market.
Following are the stories that garnered the most interest.
Watch out for new commentaries coming early in 2017 on student housing in the U.S., Chinese development site sales and the implications of rising inflation for CRE. All analyses are driven by RCA’s comprehensive data and analytical tools.
Q3’16 US Capital Trends: A Mixed Picture (Oct. 21)
Commercial property sales in the U.S. fell 2% YOY in Q3’16, marking the third consecutive quarter of falling transaction volume. The pace of the slide is moderating, however, as the market had posted a 17% YOY decline in Q1’16. Deal volume improved in Q3’16 relative to a year earlier for the apartment sector, hotels, industrial properties and suburban offices.
Who Is Making the Market? (Oct. 14)
Transaction activity throughout 2016 has been falling relative to 2015 however pricing has held up, and pushed higher in many cases, as there are still active buyers in the market. Consistently since 2014 cross-border investors have been net buyers. These investors were more active in 2015, but they are still the leading net buyer of assets and thus can be seen as making the market.
Despite initial excitement over the very notion that the Federal Reserve was raising interest rates, the market responded in a moderate manner. Little wonder, as the attention is no longer focused on the monetary policy from the Fed but instead on the fiscal policy coming from the incoming Trump administration and Congress. That and whatever happens next on Twitter, of course.
Got feedback on the RCA Insights blog? Email: firstname.lastname@example.org