Home > Research > 1Q17 United States Capital Markets Report

1Q17 United States Capital Markets Report

Newmark Knight Frank presents the First Quarter 2017 United States Capital Markets Report. The statistics and in-depth market perspective contained in the report illustrate current trends with a focus on national investment sales.

Download Report

2 MB (PDF)

Executive Overview

Sales Volume Investment activity closely matched last year's first-quarter totals in secondary markets, but declined noticeably in primary markets such as Manhattan. Overall activity was at its lowest since 2013.
Cap Rates Industrial cap rates continued to compress further due to sustained investor demand for warehouse and distribution centers tied to e-commerce, while retail yields rose as further store closures have been announced.
Rent Growth In the past year, Atlanta, Dallas, Los Angeles, Phoenix, Sacramento and Tampa have all experienced multihousing rent growth of 5% or greater.
Supply and Demand Demand for quality multihousing product has outpaced new supply in many Western markets, as well as throughout Texas, Florida and the Carolinas.
International Capital Foreign firms invested $12.6B in U.S. assets during the first quarter, 70% of which went to office product, primarily in gateway cities.
Debt Markets Mortgage maturities are set to rise to $399 billion in 2017, simultaneously regional and local banks have expanded their lending over the past 12 months.
Share This Report