Article by: Mary Salmonsen While apartment rents are still rising, they are doing so at a much more moderate rate now than in 2021 and early 2022, according to Jay Parsons, vice president, head of economics and industry principles at RealPage, in a report. Same-store asking rents for new leases rose by 0.4% between July and August…read more
Article by: Bendix Anderson Whopping rental rate spikes caught the eyes of many apartment investors and even with the pace of growth likely to slow, overall fundamentals remain attractive. Read the full article: https://bit.ly/3dIMm4r
Article by: Patricia Kirk The bullishness of industrial as an asset class is highly attractive to high-net-worth, family office and institutional investors, and it continues to grow in investment capital at the expense of other sectors, especially office. Read the full article: https://bit.ly/3fmqfRA
Article by: Paul Bergeron Survey finds that 82% of workers in that industry are showing up daily. Read the full article: https://bit.ly/3Cb17pX
Article by: Beth Mattson-Teig Across all property subsectors, there will be refinancing challenges for properties with already low NOI relative to existing debt. Read the full article: https://bit.ly/3DYiziG
Article by: Jarred Schenke U.S. inflation stubbornly rose again last month — even as energy costs dropped — all but ensuring that the Federal Reserve Board will raise its benchmark interest rate by 0.75% at its meeting later this month. Read the full article: https://bit.ly/3ffzL99
Article by: Madeleine Ngo Housing keeps getting more expensive — and even though new data shows that overall price increases are slowing down, surging rent prices underscore how difficult it could be to bring inflation under control. Read the full article: https://bit.ly/3DPTtCM
Lots of new entrants (including some big players) are wading into new private real estate investment vehicles like Non-Traded REITS, Business Development Companies, Interval Funds, 1031-DSTs, and Private Debt Funds. How will products in these alternative sectors fare now that interest rates are rising and and transaction activity is slowing? Capright teammates Douglas Ticus, MAI, MRICS, Kris Oxtal, MAI, Steve…read more
Article by: Meagan Bowden Aging millennials make up the largest renter cohort, so why aren’t developers and investors taking their preferences into consideration? Read the full article: https://bit.ly/3S5ZMGi
Article by: Patrick Sisson Unsteady markets make for safe investments, so hearing that the state of the refinance market resembles a kaleidoscope isn’t too reassuring. Read the full article: https://bit.ly/3LtHegZ