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Los Angeles Apartment Rents Stabilize in February

via GlobeSt.com After several months of decline, Los Angeles apartment rents held stable in February, according to research from Apartment List. Average rents stood at $1,511 for a one-bedroom apartment and $1,982 for a two-bedroom. While re...

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Force Majeure Language Proliferates in Leases

via GlobeSt.com Since the pandemic began, nearly one-third of commercial leases in the US negotiated since March include the pandemic as a force majeure event, according to a survey by LexisNexis. Robert DiPisa, real estate attorney and c...

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Vacancy Climbs As Rents Fall Across Asset Classes

via GlobeSt.com Apartments, office and retail are all following a similar trend: rising vacancy rates with declining rents. A new report from Moody’s Analytics calls the dynamic “bleak, but not dire,” noting that while most metros are ...

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What the Stimulus Measure Offers CRE

via GlobeSt.com Finally, finally Congress has passed another stimulus measure, a $900 billion bill that includes several provisions beneficial to commercial real estate and, of course, the larger US economy. CRE Finance Council has provid...

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