Archives for Matthews REIS / Page 23

2024 Multifamily Market Report Southeast | Review + Outlook Atlanta, GA Experiencing recent relief, Atlanta closed Q3 2023 with the strongest positive absorption in nearly two years. The positive absorption was accounted for by high-end properties (Class A), while negative absorption was seen for low-to-moderate income properties (Class C). Atlanta has 32,000 units under construction, […]

The Matthews Podcast – Episode #22 This episode of The Matthews podcast features Chris Nelson and Sam Sukut, two industrial real estate experts from the Matthews™ San Diego office. They discuss the current state and future outlook of the industrial market in San Diego. Nelson and Sukut share insights into trends like slowing rent growth, […]

Q4 Atlanta Multifamily Market Report Market Overview Atlanta’s multifamily market saw some relief and improved leasing activity in the middle of 2023. Despite this, adverse macroeconomic conditions and an overhang of new supply remain obstacles for 2024. Leasing activity increased in Q3 2023, and Atlanta starting Q4 2023 with the strongest positive absorption in nearly […]

Multifamily Operating Expenses Continue to Climb | The Current Cost Landscape Despite solid multifamily demand, rising operational expenses have put a strain on multifamily owners nationwide. According to GlobeSt, operational costs for apartments grew by 8.6% year-over-year (YOY) in Q2 2023, while operating expenses have risen 28% in the last 12 months, resulting in higher […]

Costa Mesa Multifamily Market Report Multifamily Market Overview Costa Mesa is a vibrant submarket located in Orange County, CA, known for its diverse culture, thriving arts scene, and recreational opportunities. The submarket is home to South Coast Plaza, one of the largest shopping centers in the U.S. The market’s multifamily sector experienced a resurgence in […]

Tampa Industrial Market Report Market Overview Tampa’s industrial market is the second largest in Florida, with 212 million square feet located along central Florida’s I-4 corridor. It also boasts the strongest rate of demand in Florida, with the market recording 1.9 million square feet of net absorption over the past year. Both job and population […]

Key Inflation Metrics for Consideration Inflation is the topic of discussion as a historic series of rate hikes by the Federal Reserve Open Market Committee (FOMC) have produced economic stagnation. Commercial real estate is heavily dependent on leverage and is negatively impacted during stagnant economic periods — property values decrease, and debt becomes increasingly expensive. […]

2023 Denver End of Year Multifamily Market Report Denver Overview Over the past decade, Denver’s population has grown by 11.7%, outpacing the national benchmark of 5.6%. Denver’s economic strength is attributed to its highly educated workforce, a globally connected airport, and a low-tax environment. The region is home to 10 Fortune 500 Companies, including notable […]

Pinellas County & East Tampa Retail Market Report East Tampa Submarket Performance The vacancy rate in the East Tampa retail submarket stands at 1.4%, experiencing a 1.4% decrease in the past 12 months. Over this period, 235,000 square feet have been absorbed, while 23,800 square feet have been delivered. Rents have risen to $27.00 per […]