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Commercial Real Estate

All articles tagged with #commercial real estate

Midtown’s Secondary Corridors Absorb Office Demand as Prime Space Fills
real-estate8 days ago

Midtown’s Secondary Corridors Absorb Office Demand as Prime Space Fills

Manhattan’s office leasing activity is shifting from prime corridors to secondary avenues like Third and Lexington due to low availability and high rents in trophy spaces. JLL data indicates Third Avenue is on track to surpass its entire 2025 leasing volume in 2026, driven by major tenant expansions and landlord upgrades. This trend reflects a broader market recovery where companies are broadening their search to find suitable space at different price points.

Sustained 5% Treasury Yields Threaten Housing and Corporate Debt
economy27 days ago

Sustained 5% Treasury Yields Threaten Housing and Corporate Debt

The U.S. 10-year Treasury yield reached its highest level since 2007, closing near 5% on Tuesday. While the level itself is not an immediate crisis, experts warn that sustained high rates will expose vulnerabilities in housing, commercial real estate, and leveraged corporate debt within 12 to 18 months. The Federal Reserve is expected to raise interest rates by 25 basis points on Wednesday, with markets pricing a 92% probability of a hike. If the Fed holds rates steady, it risks accelerating a bond sell-off and eroding its inflation-fighting credibility.

10-Year Treasury Yield Breaches 5% for First Time Since 2023, Spooking Markets
finance29 days ago

10-Year Treasury Yield Breaches 5% for First Time Since 2023, Spooking Markets

The 10-year U.S. Treasury yield surpassed 5% for the first time since October 2023, triggering concerns about higher borrowing costs and financial stability. While some analysts argue the rise reflects strong economic growth, others warn of risks from fiscal deficits and leveraged trading. The 30-year yield remains above 5%, and mortgage rates have risen 60 basis points this year.

NAR Index Signals Sun Belt Momentum in Commercial Real Estate Demand
business1 month ago

NAR Index Signals Sun Belt Momentum in Commercial Real Estate Demand

The National Association of Realtors unveiled a new index tracking future demand for commercial real estate across 300+ metro areas, with separate measures for office, industrial, retail, and multifamily sectors using BLS and Census data. St. George, Utah leads the index for office employment growth, while South Carolina tops states for overall future demand. Raleigh remains the only major market stronger than its 2022 level, and several formerly hot markets (e.g., Austin, Miami, Naples) have cooled. The index highlights momentum in smaller and Sun Belt markets like Fayetteville, Huntsville, and Spartanburg, and notes that large coastal markets are generally weaker than fast-growing smaller markets.)

Kalon Expands to New South Sioux Falls Home, Rebrands as Kalon Aesthetics & Surgery
business7 months ago

Kalon Expands to New South Sioux Falls Home, Rebrands as Kalon Aesthetics & Surgery

Kalon Medical Spa is relocating from its current W. 57th Street site to the vacant Allure Health building at 7000 S. Lyncrest Place in south Sioux Falls, expanding and rebranding to Kalon Aesthetics & Surgery. The move, under Vance Thompson Vision, brings Kalon’s services and a larger team to the new second-floor space starting March 9, with other wellness tenants like Spread the Health, Well Balanced Physical Therapy and HealthSpan Medical also moving in. Allure Health closed in 2024, and the property was highlighted as a hot 2025 listing; Kalon plans to grow its clinical care footprint in the new space.

Flushing Financial Aims to Raise $70M Amid Bond Sell-Off
finance1 year ago

Flushing Financial Aims to Raise $70M Amid Bond Sell-Off

Flushing Financial, a New York-based commercial real estate lender, is seeking to raise $70 million by selling low-yielding bonds and loans backed by commercial real estate, which will result in a loss and require a fresh stock sale. This move comes as banks with commercial real estate exposure face challenges due to Federal Reserve interest rate hikes, leading to unrealized losses. Flushing Financial, with $9.3 billion in assets, is among the community banks under pressure to improve capital levels, as regulators push for stronger financial foundations.