NAA’s Bob Pinnegar: 2026 Marks the Turning Point for Multifamily
While a familiar refrain in 2024 was “stay alive till 25,” the multifamily industry didn’t see the recovery expected this year. However, the year still brought some wins to the industry and 2026 is positioned for improvement, says Bob Pinnegar, president and CEO of the National Apartment Association. “It’s not the recovery year that many people had thought, but I think we’re on a path to where things are going be better as we go into 2026 and then 2027,” he says. Positives on the advocacy front, according to Pinnegar, include bipartisan…»
Waiting for Core: Why Multifamily Deal Flow Is Rising Without It
After several quarters of softening demand and slower rent growth, multifamily transaction activity is not only holding up—it is surprising even some of the most plugged‑in players. Rather than pausing, a cohort of sellers has accelerated plans to bring assets to market ahead of the new year and buyers with flexible capital are stepping in to fill the bid‑ask gap. That is the backdrop Kelli Carhart, President and head of multifamily capital markets at CBRE, is seeing across the platform. Despite well‑telegraphed headwinds…»
Phoenix council approved major TSMC expansion. Some residents say it’s too close to home
Phoenix City Council on Wednesday unanimously approved a major mixed-use development that will almost double the footprint of the Taiwan Semiconductor Manufacturing Company in north Phoenix. Some residents say the zoning change puts industry too close to their homes. Vice Mayor Ann O’Brien said despite heavy opposition from local residents with environmental concerns, she also received an equal amount of comments in support. “It will create space for commerce, services, and community amenities that serve…»
RCA CPPI Rises Again in November but Deal Momentum Falters
Commercial property prices continued to rise in November, with the RCA CPPI National All-Property Index increasing 1.6% from a year earlier, MSCI Real Assets said Thursday. However, price growth has been stalling in recent months, with apartment pricing retreating in November, and the annualized pace of growth from October suggested a gain of 0.1% overall. With the exception of multifamily, the major property types saw annual pricing gains in November. For office, suburban assets experienced a 2.7% increase…»
Phoenix housing market outpaces national trends again in 2025
Numbers were up for single-family home sales in October, according to the latest year-to-date data from Phoenix REALTORS®. Phoenix once again outpaced the national housing market in several different categories. “Year-to-date closed sales, pending sales, new listings and median sales price all increased,” said Christy Walker, board president of Phoenix REALTORS. “These data are indicators of the strength in the Phoenix market.” The October data show Greater Phoenix with a 3.8% increase in closed sales compared…»