NEWS
Big Value Drop Could Be On The Horizon
Across the globe, more forecasts suggest a big drop in real estate values could be on its way. Bayes Business School in London indicated values need to fall between 25% and 30% to match today’s lending realities of tighter underwriting and higher costs. Just such a...
Monthly Apartment Rents Fall in August for First Time in Nearly Two Years
Orlando, Florida, Holds Top Spot for Annual Rent Growth Month-to-month apartment rents fell in August for the first time in nearly two years, sending another signal that the U.S. multifamily market is headed toward normalcy. Asking rents fell 0.1% in August from July...
Netflix Puts LA-Area Office Space Up for Sublease After Posting Gloomy Subscription Numbers
Netflix, once one of the most active office tenants in Hollywood, now is attempting to shrink its greater Los Angeles real estate footprint after layoffs and a decline in subscribers. The Los Gatos, California-based company has put up roughly 180,000 square feet of...
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