Tag: property management
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High-Supply Multifamily Markets Show Signs of Stabilization as Demand Absorbs New Units
High-supply multifamily markets are beginning to stabilize as renter demand absorbs new units, leading to improved occupancy rates. In Q2, nearly 70% of inventory in these markets experienced negative rent growth. However, this trend is expected to reverse as demand outpaces new supply. Multifamily property values appear to have stabilized, with capitalization rates expected to…
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Are Co-Warehousing Solutions a Game-Changer for Industrial Real Estate?
The rise of co-warehousing solutions is reshaping the industrial real estate landscape, offering a compelling alternative for the growing number of small businesses and users with short-term needs. With over 5.5 million new business applications filed in 2023 alone, according to Census data, this niche market is gaining significant traction. Small businesses, which contribute nearly…
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The Return-to-Office Mandate: What to Expect in 2025
As we approach 2025, a significant shift is on the horizon for the American workforce. Despite some resistance, a majority of companies are gearing up to enforce return-to-office (RTO) mandates. According to a recent Resume.Builder survey featured by BenefitsPro.com, an overwhelming 9 in 10 companies plan to implement these mandates next year. This survey, which…
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CoreLogic: Homes Sales Are Down, So Why No Recession?
In a surprising twist, the historical link between housing downturns and recessions appears to be weakening. Despite a significant decline in home sales and residential investment in 2023, the broader U.S. economy remains resilient. Unemployment rates are low, and GDP growth is strong, defying traditional economic predictions. Decoupling Housing from the Economy Several factors may…
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The 10 Most Popular Housing Markets Americans Are Flocking To
If moving to Columbus, OH, is on your to-do list, get your best offers in early because this Midwest city tops the list of the most popular housing markets in the U.S. for 2024. Columbus: A Rising Star Columbus, a bustling college city with a population of over 2 million, has risen to the top…
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Nearly One-Third of All Apartment Renter Households are Starting Out Singles
In today’s data-driven world, understanding demographic and population trends is crucial for supporting new developments and addressing economic challenges. These insights help allocate resources more efficiently and design more sustainable communities. The study reveals that the typical U.S. apartment renter is 31 years old, earns approximately $73,000 annually, and lives in a 900-square-foot unit. While…
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$557B Office Wipeout Reveals Diverging Urban and Suburban Markets
A Tale of Two Markets The U.S. commercial real estate (CRE) market is experiencing a significant divide. Central business districts are grappling with plummeting office values, while suburban and high-demand neighborhoods are thriving. From 2019 to 2023, U.S. office values have dropped by a staggering $557 billion, with central business districts suffering the most, seeing…
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Greg Flynn’s $40M Bet on San Francisco’s Office Market: A Bold Move Amid Uncertainty
Greg Flynn, CEO of Flynn Holdings, is making headlines with a significant $40 million investment in San Francisco’s struggling office market. Despite the city’s current challenges, Flynn’s confidence in a rebound is unwavering. A Strategic Acquisition In collaboration with Ellis Partners, Flynn Holdings has acquired 631 Howard St., a fully leased, 108,750 square foot office building…
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The 10 Markets That Could See the Biggest Home Affordability Gains as Mortgage Rates Drop
Mortgage rates are set to decline, and some areas could see bigger gains in home affordability than others. A new Realtor.com® analysis highlights the metro areas where affordability for the median earner will improve the most if rates drop to 6.3%, which could happen in the coming months. Key Findings The monthly savings on house…
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Berkeley’s Bold Move: Overturning Single-Family Zoning
Berkeley, California, once a trailblazer in adopting single-family zoning, is now poised to break new ground again. The city council’s plan to eliminate most single-family zoning districts has drawn national attention, aligning with a growing trend across the U.S. to address housing shortages and encourage multifamily development. The Shift Away from Single-Family Zoning Berkeley’s move…
