Commercial Real Estate & Business News – December 21, 2023
What the Soft Landing Could Look Like for CRE Next Year A soft landing has been “baked in” for next year (but it is not guaranteed) and the pace of growth for commercial real estate will be slower in 2024 than it was in 2023, according to a new industry forecast video by Marcus & […]
Commercial Real Estate & Business News – December 20, 2023
Here are the Challenges Facing the Multifamily Market Heading into 2024 After two years of stellar growth, rents decelerated in 2023, despite demand still at strong levels thanks to a resilient economy. The 2024 Multifamily Outlook from Yardi® Matrix anticipates a year of challenges, including slowing national rent growth. National rent growth…» Here’s How the […]
Commercial Real Estate & Business News – December 19, 2023
Metro Phoenix Posts Historic Level of Industrial Completions The Greater Phoenix industrial market posted its historically highest level of new industrial space completions during third quarter, adding 12 million square feet to the city’s inventory. This drove a rise in net absorption and also elevated the vacancy rate, according to a report released by Colliers…» Pandemic’s Record […]
Commercial Real Estate & Business News – December 18, 2023
Some Optimistic Capital Market Predictions for 2024 It was a year ago that many in the industry were predicting improved conditions in 2023, with price discovery, more transactions, and all-around better markets. The optimism didn’t last long, with continued interest rake hikes, bank failures, skittish lending, plunging transaction counts, and falling…» 2024 Retail Predictions: 5 […]
Commercial Real Estate & Business News – December 15, 2023
Class B Offers Apartment Investors the Best Balance Trophy assets might not provide the optimal investment return, given the commotion of the past several years. Instead, Berkadia suggests giving more consideration to Class B. Whether due to its luster wearing off or its leveraged returns have the least cushion to withstand higher interest…» These are […]
Commercial Real Estate & Business News – December 14, 2023
The Fed’s Last Big Decision of 2023 Could Set Americans up for Some Relief Next Year The nation’s central bank is about to make its last big decision of 2023. It could signify good things to come for Americans in the new year. On Wednesday, the Federal Reserve will announce whether it will continue its […]