New York City
Benesch signs one of Manhattan’s largest office leases of the yearThe law firm is expanding its New York footprint in a planned relocation.
These deals took top honors at the Oscars of New York real estateABS Partners won first prize for its work on a rare project aiming to split a building in half.
Is this a store or a museum? Printemps blurs the line to lure shoppers.The French brand’s U.S. debut in New York extends the luxury retail trend's spread across the country.
People of Note
CBRE banks on hire to execute institutional deals; Avison Young taps executive to grow Denver; JLL names leader of workplace management businessRead the latest on new hires, promotions and other personnel changes.New York retail brokerage Winick gets rebrandThe firm, now called RTL, promoted company veterans as part of a new leadership team.
CMBS Notebook
Brookfield extends loan on largest outdoor mall; New York office debt nears default; Market sentiment drops sharplyA weekly look at the commercial mortgage-backed securities business.Top property sales recognized for New York CityA prominent office deal handled by Eastdil Secured and a multifamily disposition arranged by Newmark are among the top first-quarter property sales recognized by CoStar.
Top retail leases recognized for New York CityProminent retail leases signed by Meow Wolf, TMPL and Gymshark negotiated by top dealmakers from CBRE are among the first-quarter retail leases recognized by CoStar.
Top office leases recognized for New York CityProminent office leases signed by Jane Street, Horizon Media and Mayer Brown negotiated by top dealmakers from Brookfield Properties and Cushman & Wakefield are among the first-qua...
Power Brokers
Top sales and leases recognized in the USBrokers won big property deals despite turmoil in financial markets and the global economy.More News
Bay Area facility picked as $80 million site to promote US biomanufacturingThe nonprofit backed by the DoD aims to boost biotech firms and strengthen national security.
Amazon to triple rural delivery network in face of tariff uncertaintyThe e-commerce giant plans to spend $4 billion to open dozens of delivery stations in rural parts of the United States.
Leader of Avison Young Canada urges country's major parties to work togetherMark Fieder says Liberals and Conservatives have a similar vision on real estate policies.
Daily Roundup
McDonald’s posts steep sales decline; Jobless claims surge; Kohl’s ousts CEOHere’s what you need to know to start your day.Brookfield lands buyer for sprawling Houston office complexStream Realty Partners has teamed up with an Australian pension fund to acquire the five-property downtown portfolio.
Exclusive
Site Selection Group names managing partner who bought stake in companyPlans for growth in face of increased competition.Earnings
Wyndham's business model better insulates itself from economic uncertainty, execs sayA softer-than-expected March and April led Wyndham Hotels & Resorts to downgrade some of its full-year outlook, but company executives say its business model has the brand better prepared than the industry for any economic uncertainty.Earnings
Whitbread's total revenue declines as UK hotel demand slowsU.K.-based Whitbread, owner-operator of the Premier Inn hotel brand, noticed some softening demand in its home market while its second largest hotel market Germany is trending upwards.Earnings
MGM Resorts CEO expects a record April for Las Vegas propertiesDemand is setting up MGM Resorts International's Las Vegas properties for a record April, and its partnership with Marriott International's loyalty program has resulted in 440,000 room nights so far this year.HNN Video
Valor Hospitality expects more growth in Middle East as hotel owners turn to third-party operatorsHotel owners in the Middle East are increasingly turning to third-party operators in part because they want to get more out of their properties.Daily Roundup
Tariff uncertainty weighs on economy; UPS plans job cuts; KFC parent eyes Saucy restaurant expansionHere’s what you need to know to start your day.Exclusive
Cresa expands national retail practice in 'historically tight' marketThe firm focused on representing occupiers added a six-person team led by Marcus Cook.Nashville office tower scores anchor deal to make up for tenant exitsHighwoods Properties has finalized an agreement with a multinational law firm to backfill space at its Symphony Place tower.
CoStar Economy
Forecasters stay nimble as policies wobbleEconomic policy uncertainty continues to weigh on business investment and new hiring.Podcast
Major Chinese markets see signs of hotel demand pickup in second half of 2025On the latest episode of the Hotel News Now podcast, STR's Jesper Palmqvist joins the show to discuss hotel trends in the Asia-Pacific region.Chili's parent raises restaurant count, spending plans for the yearBrinker International says 80% of its supply chain is sourced domestically.
Daily Roundup
Consumer expectations hit 14-year low; Merck starts work on $1 billion manufacturing plant; Office attendance edges downHere’s what you need to know to start your day.More global tech firms ditch carrots, pull out sticks with escalating office mandatesGoogle and Intel have stepped up their attendance policy enforcement in an aim to get employees back to more in-person work.
Cushman & Wakefield wades through tariff uncertainty as leasing picks upThe brokerage's CEO said deals are increasing as most clients are moving "through the noise" of an uncertain economy.
Canada Prime Minister Mark Carney and Liberals may need help changing national housing policyThe party led by former Brookfield Asset Management executive won the election, but did not capture enough seats for a majority.
Earnings
Leisure travelers in 'wait-and-see mode,' Hilton CEO saysDuring the company's first-quarter 2025 earnings call, Hilton President and CEO Chris Nassetta spoke about his belief that the economic uncertainty will ease over the rest of the year.AccorInvest changes name to Essendi, with Accor committed to exiting stakeAccorInvest, the hotel ownership vehicle spun off in 2017 from French hotel brand Accor, has rebranded as Essendi.
Valuation Office Agency scrappedThe VOA will be folded into the HMRC
Featured
CoStar Insight
CoStar Insight
Analytics
Economic policy uncertainty is effectively freezing trade activity, signaling curtailed warehouse leasing
Analytics
CoStar Insight
CoStar Insight
Analytics
With only 6% of the areas reporting rent declines, data signals a rebound in multifamily performance
Analytics
CoStar Insight
CoStar Insight
Analytics
Recent gains appear to be transitory as consumers are expected to pull back on future spending
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Impact Awards
Impact Awards
Top News
Industry pros pick work that had a major impact on their markets
Top News
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
International News
United States
World's largest commercial real estate services company uncertain of repeating better-than-expected results
United States
Germany
The Lower Saxony site is let to DPD
Germany
United Kingdom
Joint venture seeded with £403 million of UK supermarkets
United Kingdom
United Kingdom
CEO of world's largest investor suggests assets can be bought at a discount
United Kingdom
HNN Video
HNN Video
Germany
Marriott focuses on East Africa with JW Marriott and Ritz-Carlton openings, signings
Germany
United Kingdom
Lego also joining group at Al Gurg development
United Kingdom
CoStar Interview
CoStar Interview
United Kingdom
Tariffs create 'every probability' for more investment into European real estate, Pictet boss argues
Global head of real estate Zsolt Kohalmi argues investors are looking to diversify
United Kingdom
France
The decision has been taken in a climate of global economic tension
France
Purchase of Unire Real Estate Group deepens Lincoln's hold on the region's industrial and office assets.
Blackstone Mortgage steps up lending during market volatility
The firm’s first-quarter loan originations reached their highest level in two years.
Global Report
CoStar World News for May 1
Wyndham expands Super 8 hotel brand in Spain, Portugal; UK scraps valuation agency; French property investment on track for 2025 gain
Investors show appetite for big retail deals despite uncertain environment
Kite Realty Group and GIC have acquired an upscale Dallas lifestyle center for $785 million.
HNN Video
Marriott's branded residences 'provide a community,' exec says
In a video interview at the International Hospitality Investment Forum EMEA, Marriott International's Dana Jacobsohn talks about the evolution of branded residences and the role they play now.
Featured
CoStar Insight
CoStar Insight
Analytics
Economic policy uncertainty is effectively freezing trade activity, signaling curtailed warehouse leasing
Analytics
CoStar Insight
CoStar Insight
Analytics
With only 6% of the areas reporting rent declines, data signals a rebound in multifamily performance
Analytics
CoStar Insight
CoStar Insight
Analytics
Recent gains appear to be transitory as consumers are expected to pull back on future spending
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Impact Awards
Impact Awards
Top News
Industry pros pick work that had a major impact on their markets
Top News
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
International News
United States
World's largest commercial real estate services company uncertain of repeating better-than-expected results
United States
Germany
The Lower Saxony site is let to DPD
Germany
United Kingdom
Joint venture seeded with £403 million of UK supermarkets
United Kingdom
United Kingdom
CEO of world's largest investor suggests assets can be bought at a discount
United Kingdom
HNN Video
HNN Video
Germany
Marriott focuses on East Africa with JW Marriott and Ritz-Carlton openings, signings
Germany
United Kingdom
Lego also joining group at Al Gurg development
United Kingdom
CoStar Interview
CoStar Interview
United Kingdom
Tariffs create 'every probability' for more investment into European real estate, Pictet boss argues
Global head of real estate Zsolt Kohalmi argues investors are looking to diversify
United Kingdom
France
The decision has been taken in a climate of global economic tension
France
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