Here’s our latest roundup of top stories reported by the CoStar News team over the past week.
Comptroller Warns on Lending but Don't Count Banks Out of Filling CRE Debt Void Just Yet
With CMBS issuance down by half over the first half of this year, banks have largely stepped in to meet the strong demand for CRE debt. Analysts, however, are beginning to raise questions on the impact regulatory and pricing issues may have on bankers' ability to continue providing funds.
Tech Giants Google and LinkedIn Arrange Massive Land Swap for HQ Expansions
Google and LinkedIn have reached an agreement that ends a lengthy dispute over which tech company gets to expand in Mountain View and Sunnyvale. Both can pursue expansion under a deal to swap 1 million square feet of buildings and 2.54 million square feet in potential development land.
Skilled Nursing Woes, Development Boom Weigh on Senior Housing Sector
An array of forces in health care has challenged owners of senior housing and care properties. Declining occupancies, the ongoing boom in new supply and falling reimbursement rates have created a market shift for assisted living, independent living and skilled-nursing facilities.