New York City
Residential project in Brooklyn’s Gowanus lands $174.5 million backingPlans call for two high-rise towers in the rezoned neighborhood.
Amazon makes its first Manhattan office purchase since 2020The tech giant bought the troubled midtown building near Grand Central Terminal from RFR Realty.
Sun Belt-focused office landlord sets post-pandemic leasing recordCousins Properties and other owners are navigating a tightening U.S. market as tenants flock to premium space.
Powerhouse Gym signs deal to open first Manhattan locationPowerhouse Gym has signed a long-term lease to expand its footprint into Manhattan.
Benesch signs one of Manhattan’s largest office leases of the yearThe law firm is expanding its New York footprint in a planned relocation.
New York retail brokerage Winick gets rebrand as market shows signs of reboundThe 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.More News
Preservationist buys the only Frank Lloyd Wright skyscraper ever builtMcFarlin Building is approved as the new owner of Price Tower in a $1.4 million deal through the bankruptcy court.
'People are really torn': Pacific Palisades property owners reckon with rebuilding realitiesFrom reconstructing to leaving town, stakeholders are forging a path forward after the Los Angeles wildfires.
Earnings
DiamondRock CEO anticipates US economic anxiety will settleDiamondRock Hospitality Company CEO Jeff Donnelly said the U.S. macroeconomic turbulence is already calming down, yet executives from the real estate investment trust have had to pivot to secure hotel goods from overseas that faced possible tariffs.Earnings
Pebblebrook lowers outlook over 'concerning signs' for demand in second half of 2025During the hotel REIT's first-quarter 2025 earnings call, Pebblebrook Hotel Trust CEO Jon Bortz spoke about signs of weakening hotel demand in the second half of the year. CoStar coverage of aftermath of Los Angeles wildfiresTop stories about the January devastation.
Tristan Capital to acquire EasyHotelLondon-based Tristan Capital Partners plans to acquire budget hotel brand EasyHotel for an estimated €242 million.
Earnings
Hotel demand holds, but potential for 'deteriorating lodging fundamentals' has grown, Host CEO saysIn the hotel REIT's first-quarter earnings call, Host Hotels & Resorts CEO Jim Risoleo said while the company has lowered some of its outlook for 2025, it's still well-positioned to drive performance.Earnings
Hyatt hopeful amid strong first quarter, 'modestly' adjusts outlookIn its latest earnings call, Hyatt Hotels Corp. executives explained why the brand is well-positioned to weather the ongoing "choppy environment."Earnings
Summit expects to power through softening demand following mixed first quarterSummit Hotel Properties CEO Jonathan Stanner said the company's first-quarter results were about what was expected and that he believes the company's investment in recent renovations will drive revenue.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.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.Global Report
CoStar World News for May 1Wyndham expands Super 8 hotel brand in Spain, Portugal; UK scraps valuation agency; French property investment on track for 2025 gainDaily 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.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
ABS Partners won first prize for its work on a rare project aiming to split a building in half.
Earnings
MGM Resorts CEO expects a record April for Las Vegas properties
Demand 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.
Kirkland’s warns tariffs may thwart its ability to stay in business
The home goods chain is joining other retailers in voicing concerns about trade policy.
People of Note
CBRE hires veteran to execute institutional deals; Avison Young taps executive for Denver; JLL names workplace management leader
Read the latest on new hires, promotions and other personnel changes.
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 nationwide spread of a luxury retail trend.
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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