At Colliers, we understand the importance of interconnected data, macroeconomic trends, and anecdotes in real estate decisions. With that in mind, here are 10 numbers and trends that have recently caught our attention:
Trepp reported that office loans sent to special servicing experienced a value loss exceeding 50%.
Business Insider noted that 28 regional and community banks have CRE exposure above regulators’ comfort limits, with a dozen located in the Northeast or Mid-Atlantic.
According to the Mortgage Bankers Association, $929 billion in outstanding loans will mature in 2024. Trepp pegs that figure closer to $544 billion.
“There is more core-focused capital on the sidelines than ever before.”
After the Federal Reserve’s meeting, The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite set all-time highs.
Bitcoin prices have hit record levels after the SEC approved the listing and trading of exchange-traded product shares earlier in the year.
Dollar Tree announced 1,000 store closings in the years ahead, including 600 Family Dollar stores in the next few months.
Aggregate store openings have outpaced closings nationally in recent years.
While out of favor, there is more core-focused capital on the sidelines than ever before, per Preqin statistics.
EisnerAmper data revealed that AI drove 20% of venture capital deals in 2023 and one-third of total dollars invested.
Insurers issued a record $16 billion in catastrophe bonds in 2023. According to Bloomberg, investing in them was the year’s most profitable hedge fund strategy.