New York City
Durst lands $1.3 billion refinancing for high-profile Times Square propertyTikTok is the largest tenant at the 1.8 million-square-foot Manhattan tower.
Savills buys relocation businesses to expand servicesRivals including CBRE have also been diversifying their businesses.
Income growth is outpacing property gains for office ownersU.S. returns have entered positive territory for the first time in more than two years, according to CoStar data.
People of Note
CBRE appoints North America advisory leaders; Cresa grabs Newmark data center team; JLL names executive to grow stadium businessRead the latest on new hires, promotions and other personnel changes.Carlyle raises $9 billion for real estate fund despite challenging marketThe investment firm is targeting residential and industrial properties while avoiding office sector.
Ashkenazy buys open-air shopping center in Queens, New YorkThe private real estate investment firm plans to overhaul the property.
From more guards to AI weapon detection devices, office landlords respond to New York tower shootingBuilding owners consider enhanced workplace security in wake of workplace killings
Power Brokers
Top sales and leases recognized in the USBrokers won big property deals as transaction activity picked up in the second quarter.Top property sales recognized for New York CityA prominent hospitality deal handled by Eastdil Secured and an office disposition arranged by Newmark are among the top second-quarter property sales recognized by CoStar.
Top retail leases recognized for New York CityProminent retail leases signed by Old Navy, Life Time and Trader Joe's negotiated by top dealmakers from JEMB Realty, Newmark, JLL and Atlantic Retail are among the second-quarter ...
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Daily Roundup
Housing expected to remain drag on economy; Job reductions rise; Restaurant performance edges lowerHere’s what you need to know to start your day.CoStar Insight
Retail property performance looks balanced in coming monthsSupply additions near a historic low have continued to offset vacancies from more store closings. Exclusive
U.S. Bank prepares to dump more than half its office space in namesake Seattle towerThe latest downsizing is part of the firm's effort to "focus" its vast real estate portfolio. Earnings
Park Hotels & Resorts leverages portfolio renovations, development instead of acquisitionsThe real estate investment trust's executives say they're on track to sell up to $400 million in asset value by year's end.Earnings
Xenia sees outsize gains in second-quarter performanceXenia Hotels & Resorts CEO Marcel Verbaas said "both revenues and hotel EBITDA increased significantly compared to the same period last year" on the company's second-quarter earnings call.How Hyatt evolved its business strategy through acquisitions and new brandsIn order to get the full picture of where Hyatt is today, it's important to take a closer look at each of the recent major milestones the company has reached.
Daily Roundup
Employers pull back on hiring; Construction spending drops; Federal Reserve governor resignsHere's what you need to know to start your day.Bigger deals, higher rates: Why Sun Belt landlords say they're best positioned for America's office returnCousins and Highwood Properties executives say their markets "outpace the nation" and lend a boost to leasing and rents.
American Dream megamall gets $850 million sliced off its tax assessmentThe North Jersey retail complex won an appeal of its valuation.
Wealth management firm inks one of Charlotte's largest office leases this yearAssetMark has signed on to fill nearly half of a recently constructed building in the national finance hub.
Murphy USA to open nearly 50 new stores over next yearConvenience store chains like Murphy USA are expanding to capitalize on sales of high-margin food items.
Ashford extends loan tied to its 'most valuable' hotelsAshford CEO said the loan extension offers the REIT runway to secure long-term financing at a lower interest rate in future.
Colliers plans more acquisitions as engineering business drives revenue growthThe Toronto-based real estate services firm joined rivals CBRE and Newmark in raising its 2025 outlook.
Microsoft plans record spending to build data centers powering AIThe Redmond, Washington-based tech giant reports $368 billion in project backlogs as it races to build global cloud and AI capacity.
Accor warns of foreign-exchange hits despite half-year earnings gainsIn its first half of the year, Accor's hotel metrics improved, but executives anticipate tougher comparisons in the second half of 2025 due to last year's Summer Olympics.
Earnings
Pebblebrook's portfolio mix helped hotel REIT outperform industry in second quarterPebblebrook Hotel Trust CEO Jon Bortz said there's some sense of things settling in the near future, but as long as macroeconomic uncertainty remains, businesses and consumers will be hesitant. Podcast
How a real estate generalist found his niche in hotelsIn this Next Gen in Lodging podcast episode, Eternal Companies' Damon Healey shares his hospitality journey.Daily Roundup
Economy grows 3% in second quarter; Starbucks plans closings amid sales decline; Pending home sales fallHere’s what you need to know to start your day.Seattle looks to waterfront for rejuvenation as cruise activity nears recordThe Emerald City's $806 million revitalization spotlights a commercial development strategy playing out in North America.
Fed maintains key interest rate as real estate industry sets sights on possible September cutThe central bank said elevated economic uncertainty left it no choice but to hold steady, for now.
Featured
Podcast
Podcast
Hospitality
Tell Me More podcasters unpack flat group demand, overall slow business travel
Hospitality
CoStar Economy
CoStar Economy
Economy
Activity turns positive in July across much of the country
Economy
Video
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Featured
Featured
Office
Tech giant’s Thompson Center project drives conversations about downtown
Office
CoStar Insight
CoStar Insight
Analytics
Market participants say they are far more optimistic regarding prospects of other real estate types
Analytics
CoStar Insight
CoStar Insight
Analytics
Apartment demand has surged over the past 12 months
Analytics
Featured
Featured
Office
The Diamond in Chicago is the latest building to take on a new moniker inspired by its design
Office
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
CoStar Insight
CoStar Insight
Hospitality
Lodging REITs were net buyers due to one large transaction
Hospitality
International News
United States
Automaker debuts first of its kind concept in Los Angeles
United States
Canada
Architect hired to design museum near the US-Canada border
Canada
Spain
Duo recently bought major Spanish listed retail group
Spain
India
Owner of Taj Hotels took majority share in Ambuja's Tree of Life brand in November 2024
India
Germany
The 400,000 square feet of warehouses are located across Germany
Germany
United Kingdom
Dooa Capital signs Stephanie McCaffrey's Racketeer for its first venue outside of Los Angeles
United Kingdom
United Kingdom
Sell orders are at their lowest level since 2020
United Kingdom
United Kingdom
Savills' preliminary figures suggest €95 billion of transactions
United Kingdom
Featured
Featured
Canada
The Diamond in Chicago is the latest building to take on a new moniker inspired by its design
Canada
France
The French fund signs for third acquisition on the banks of the Thames
France
United Kingdom
Few deals have landed in recent months but vacancies remain low
United Kingdom
The tech giant is under contract to acquire a Kilroy Realty portfolio near its global headquarters.
Years after going 'headquarterless,' this fintech startup returns to San Francisco
Brex is the latest startup to help boost optimism in the city with one of the year's top deals.
Earnings
Leisure demand, higher rates drive performance for Host Hotels
During the company's second-quarter earnings call, Host Hotels & Resorts CEO Jim Risoleo said the REIT benefited from the ongoing recovery in Maui that helped bring in more leisure demand.
CoStar Insight
Lower outlook for industrial demand pushes vacancy forecast higher
Tenants grow more cautious about leasing amid trade uncertainty.
People of Note
Berkadia grows affordable housing team; Sands selects Southeast leader; Humphreys names architecture chief
Read the latest on new hires, promotions and other personnel changes.
Featured
Podcast
Podcast
Hospitality
Tell Me More podcasters unpack flat group demand, overall slow business travel
Hospitality
CoStar Economy
CoStar Economy
Economy
Activity turns positive in July across much of the country
Economy
Video
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Featured
Featured
Office
Tech giant’s Thompson Center project drives conversations about downtown
Office
CoStar Insight
CoStar Insight
Analytics
Market participants say they are far more optimistic regarding prospects of other real estate types
Analytics
CoStar Insight
CoStar Insight
Analytics
Apartment demand has surged over the past 12 months
Analytics
Featured
Featured
Office
The Diamond in Chicago is the latest building to take on a new moniker inspired by its design
Office
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
CoStar Insight
CoStar Insight
Hospitality
Lodging REITs were net buyers due to one large transaction
Hospitality
International News
United States
Automaker debuts first of its kind concept in Los Angeles
United States
Canada
Architect hired to design museum near the US-Canada border
Canada
Spain
Duo recently bought major Spanish listed retail group
Spain
India
Owner of Taj Hotels took majority share in Ambuja's Tree of Life brand in November 2024
India
Germany
The 400,000 square feet of warehouses are located across Germany
Germany
United Kingdom
Dooa Capital signs Stephanie McCaffrey's Racketeer for its first venue outside of Los Angeles
United Kingdom
United Kingdom
Sell orders are at their lowest level since 2020
United Kingdom
United Kingdom
Savills' preliminary figures suggest €95 billion of transactions
United Kingdom
Featured
Featured
Canada
The Diamond in Chicago is the latest building to take on a new moniker inspired by its design
Canada
France
The French fund signs for third acquisition on the banks of the Thames
France
United Kingdom
Few deals have landed in recent months but vacancies remain low
United Kingdom
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