Category: multifamily
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Slight Apartment Oversupply Expected in 2nd half of 2024
The biggest wave of new apartment supply in decades will temper rent growth and improve affordability for renters in 2024. With delivery of 440,000 new units expected in 2024 and more than 900,000 currently under construction, the overall vacancy rate…
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Election uncertainties exist
Presidential elections typically cast a shadow of uncertainty across markets as investors attempt to weigh the various changes and policy revisions as a result of a changing regime. The giant X-factor heading into November is undoubtedly President Trump’s plans to…
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Inflation data
The Consumer Price Index (CPI), due to be released today, is expected to show prices increased at an annual rate of 3.0%, the same as it was in June. The easing of price pressures has bolstered confidence US officials can start…
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Trampoline Tuesdays… or Tuesday’s Turnaround
Information via Titan – CLICK HERE for more information and to sign up for news blasts like this one. After its worst day in almost two years, the S&P 500, and other major indices, gained back some losses on Tuesday.…
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In brutal temps, air-conditioning businesses thrive as the cooling industry heats up
Max Knoblauch / Thursday, August 01, 2024 via Sherwood <—- CLICK HERE for full article and others similar to it. Blastin’ the AC… In the dog days of summer, cooling is king. Scorching temps that saw 150M+ Americans under heat alerts last month…
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Apartment Rent Growth Is Decelerating
Inflation Measures Have Yet To Reflect Slowing Rent Increases, Lagging Indicator Could Impact Policy DecisionsApartment rent per square foot peaked at an annual growth rate of 10% in early 2023 and has since fallen to less than 5%, according to…
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Another popular commercial real estate asset class shows signs of struggles.
A key barometer of U.S. factories fell in July for the fourth consecutive month and hit an eight-month low – a sign that an ongoing slump in the industrial side of the economy has deepened. Numbers below 50% signal the…
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Rental Community Going Up at Onetime Bradenton Mall
I think the project is a solid and necessary one as this mall has been distressed and changed hands numerous times over the past decade or so. Here’s hoping this multifamily project positively impacts the area! ~ Sean Dreznin, DPCRE,…
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In brutal temps, air-conditioning businesses thrive as the cooling industry heats up
Article via Robinhood Snacks Blastin’ the AC… In the dog days of summer, cooling is king. Scorching temps that saw 150M+ Americans under heat alerts last month have air-conditioning companies booming. Helping business: the average lifespan of an AC unit is…
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