Commercial Real Estate & Business News – April 11, 2023

Maricopa County Leads the Nation in Population Growth

Maricopa County led the nation in population growth between July 1, 2021, and July 1, 2022, based on the most recent county-level population estimates released from the U.S. Census Bureau. According to the data…»

Apartment Demand and New Lease Rent Growth on the Rebound

The multifamily sector has been a growing disappointment. Not that it was expected to be otherwise. Interest rates up, consumers beset with higher prices and growing concerns over potential layoffs. Companies wondering how close a recession is…»

US Apartment Market Rebounds on Key Metric in Q1 but Remains Weak Historically

The U.S. apartment market saw demand rebound back into positive territory in the first quarter of 2023 but the first three months of the year were weaker by historic standards. Still, it’s the latest sign the apartment market is returning to…»

Report: More Millennial Households Own Than Rent. Here’s Where They’re Buying.

Clarification: This story has been updated to make clear that RentCafe found that there are more millennial homeowner households than renter households based on data looking at 260 U.S. metropolitan areas.Skyrocketing home prices…»

Goldman Sachs Disagrees With Other Banks, Tells Market Not To Panic About CRE

As other financial service giants such as Bank of America and JPMorgan Chase warn of a possible or even likely economic shock because of the slump in commercial real estate, Goldman Sachs is less concerned about the risks ahead, especially from…»