Tag: rental market
-
Sky-High Leases: A Post-COVID Market Trend
Introduction In the ever-evolving landscape of U.S. office markets, sky-high leases have emerged as a powerful force. These premium leases not only outperform other leasing activities but, in some cases, yield higher effective rents than pre-COVID levels. Let’s explore this trend and its implications. The Flight to Quality Higher Floors, Higher Appeal Today’s office tenants…
-
Navigating the Distressed Waters: U.S. Commercial Property Trends in Q2 2024
The real estate landscape is shifting, and distress signals are flashing across the U.S. commercial property market. According to MSCI’s Capital Trends US Distress Tracker, the numbers tell a compelling story. The Numbers Speak: $94.2 Billion in Distress In the second quarter of 2024, U.S. commercial property distress surged to a staggering $94.2 billion, marking…
-
Understanding the Shift: Rent Growth Trends in Major U.S. Cities
In recent years, the U.S. rental market has witnessed significant fluctuations in rent growth rates. Let’s delve into the data to uncover the story behind these changes. The Rise: 2019 and Early 2022 At the outset of 2019, approximately one-third of the largest U.S. cities experienced robust rent growth, surpassing 5% year-over-year. The surge was…
-
Navigating the Economic Currents: A 2024 Mid-Year Review
As we sail through the latter half of 2024, the economic waters are sending mixed signals. A recent Freddie Mac report has cast a spotlight on the U.S. economy, revealing a tapestry woven with threads of growth, labor shifts, and inflationary patterns. Let’s embark on a journey through these economic seas and chart a course…
-
Navigating the Multifamily Market: Understanding Vacancy Rates and Their Impact
Why Multifamily Vacancy Rates Matter In the ever-evolving landscape of real estate, multifamily properties play a crucial role. Whether you’re an investor, developer, or simply curious about housing trends, understanding vacancy rates is essential. According to a recent report by Globe St, multifamily vacancy rates are currently peaking both locally and nationwide. Let’s dive into…
-
🏢 Student Housing Trends: A Closer Look at Fall 2024 Pre-Leasing 📚
As the academic year approaches, student housing markets are buzzing with activity. Let’s dive into the latest insights: 🔍 The Takeaway: Student housing remains resilient, especially for properties away from campus. Keep an eye on the University of Tennessee (25% YoY rent growth) and other campuses like Ole Miss, University of Kentucky, Purdue, College of…
-
America’s Top States for Business: Where Opportunity Meets Innovation
When it comes to fostering a thriving business environment, some states stand out as true champions. CNBC’s annual ranking evaluates all 50 states across 128 different metrics in 10 key categories of competitiveness. Let’s dive into the highlights: North Carolina: A Talent Magnet North Carolina claims the top spot, attracting an exceptionally talented and innovative…
-
🔔 Market Alert: Powell Signals Potential Shift in Monetary Policy
🌟 In the Spotlight:Fed Chair Jerome Powell’s recent testimony before the U.S. Senate Banking Committee has sparked a buzz in the financial community. Hinting at a possible shift, Powell suggested that a cut in the federal funds rate might be on the horizon. 📈 Market Dynamics: Since the Federal Open Market Committee’s July session, the…
-
🏢 Multifamily Absorption Hits All-Time High in Q2 2024: A Market Surge Worth Noting
Record-Breaking Demand In the dynamic landscape of U.S. real estate, the multifamily sector has witnessed an extraordinary surge. According to RealPage Market Analytics, apartment demand reached unprecedented levels in the year ending Q2 2024, with a staggering 390,000 units absorbed. This figure ranks as the eighth-largest annual absorption rate since the turn of the millennium.…
-
Big Banks Struggle with CRE Loans: A Closer Look
Despite assumptions that smaller banks bear the brunt of commercial real estate woes, it’s the big players feeling the heat. Loan ExposureWhile smaller banks hold a significant share of CRE and multifamily property debt in the U.S., the top 25 largest banks are grappling with more loan delinquencies. Not all CRE loans are created equal—factors…
Daniel Kaufman Real Estate 