Commercial Real Estate & Business News 5-2-2025
The Apartment Markets Set to Exceed Average Rent Growth This Year The U.S. effective asking rent is expected to grow at an average annual rate of about 2.3% across the country this year, according to a RealPage market forecast. Of the 50 largest markets studied by RealPage, seven are expected to stand out with rent […]
Commercial Real Estate & Business News 5-1-2025
Industry Expert Calls Q1 Multifamily Performance ‘Exceptional’ Apartment demand remained strong during the first quarter, with more than 145,000 units absorbed, which significantly outpaced the new supply of 116,000 units. As a result, the vacancy rate retreated to its lowest level since the fourth quarter of 2022, at 5%, said John Chang, national director of […]
Commercial Real Estate & Business News 4-30-2025
Momentum Builds in CRE Lending With $498B in Transactions The commercial real estate market in 2024 saw a notable resurgence in lending and borrowing activity, with $498 billion in transactions – an increase of 16% from the $429 billion recorded in 2023, according to the Mortgage Bankers Association. While these figures reflect 2024’s performance, the […]
Commercial Real Estate & Business News 4-29-2025
A Strong Quarter is Overshadowed by Tariff Uncertainty The uncertainty surrounding tariffs has started to ripple through the commercial real estate sector, reaching even one of the largest players in the industry, CBRE. In its most recent earnings release, CBRE acknowledged that tariffs were casting a shadow over its outlook, making the future “less clear” […]
Commercial Real Estate & Business News 4-28-2025
Here’s how Phoenix office asking rents compare with U.S. Western office markets faced mounting challenges in December 2024, with San Francisco standing out. The city saw record-high vacancy rates of 28.8% driven by a wave of lease expirations and declining demand. These pressures have also weighed heavily on office asking rents and construction…» Sprouts Farmers […]
Commercial Real Estate & Business News 4-25-2025
TSMC’s $165B Phoenix campus fuels industrial demand in Northwest Valley As goes TSMC, so goes Phoenix’s industrial real estate market. Suppliers continue to gravitate to the Valley, angling to position themselves in the orbit of TSMC’s ever-growing, $165 billion campus in North Phoenix. And while more industrial supply is set to come online in north […]