Commercial Real Estate & Business News – January 27, 2023

The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead. Fourth-quarter gross domestic product, the sum of all goods and services produced for the October-to-December period, rose…»

Recent reports about the multifamily sector indicate slowing rent growth and a slight downward trend in occupancy. Also concerning has been what multifamily investor CP Capital dubbed “the disruption and ambiguity caused by stubbornly high inflation, and…»

The 2023 Phoenix apartment market will likely perform a lot like the second half of 2022, as softer demand for rentals becomes the norm. A shift in market dynamics became evident over the summer as the robust renter demand that…»

The White House has announced a series of actions to increase fairness in the rental market and further fair housing principles. These steps align with a newly released “Blueprint for a Renters Bill of Rights,” which outlines a set of principles to…»

December’s Typical Seasonal Slowdown Worse Than in the Previous Two Years- Holidays and extreme weather conditions prompted a typical seasonal office demand slowdown in December, according to the VTS Office Demand Index (VODI)…»