Sublease Space Weighs on Office Market Vacancy rates have risen in nearly every market over the last year, and even doubled in places. Some of this can be explained by...
Archive - May 2021
Self storage continues to flourish through the first quarter Self storage continued to benefit from ongoing demand tailwinds in April. Street rates had another strong...
Street rates are up both month-over-month and year-over-year in April SANTA BARBARA, Calif., May 19, 2021 – As Americans continue to determine where and how they’ll live...
Rent Growth Picks Up, Deliveries Forge Ahead Banking on its relative affordability and steady demographics, the Minneapolis multifamily market withstood the COVID-19...
Robust Supply Will Likely Outpace Demand St. Louis sustained minor damage from the pandemic compared to the national economy, but signs suggest its rebound will unfold...
Demand Persists, Supply Weakens Rent Growth The pandemic’s disruptions paired with substantial inventory expansion pressured San Antonio’s multifamily fundamentals at...
Hardships Continue In Queens As was the case for most gateway markets, the outbreak of the coronavirus pandemic resulted in sharp rent drops across New York City...
Multifamily Keeps Its Footing Philadelphia’s multifamily fundamentals remain solid, though the market has been put to the test during the past year. Rents increased 0.4%...
Stimulus Bill Underscores Silver Lining In line with other gateway metros, New York City, which heavily relies on tourism, business travel and service industries, proved...
Strong In-Migration Keeps Demand Elevated Las Vegas’ economy took a shattering blow from the pandemic, but its multifamily market bucked expectations—its proximity to...