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South Bay

Market Report | Multifamily | South Bay, CA

DATE August 11, 2023 / Author


South Bay Multifamily Market Report Market Overview The South Bay-Beach Cities market presents a diverse multifamily real estate landscape. While renter demand has faced challenges in recent quarters, there have been modest gains in rental rates over the past year. However, vacancy rates have gradually increased and are expected to continue this upward trajectory for […]

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Auction Services

Top Technology Trends in CRE Auction Services

DATE August 9, 2023 / Author


What You Need to Know The current commercial real estate market is challenging investors to find alternative paths to buying and selling properties. Auction services offer owners an effective way to maximize profit in an accelerated timeframe while expanding their reach to buyers. For investors looking to buy, auction services eliminate the exhausting negotiation process […]

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Kyle Matthews

Kyle Matthews: 2023 Is a Career-Defining Moment for Brokers

DATE August 9, 2023 / Author


Kyle Matthews Finding an Opportunity for Growth Depressed deal volumes, rising interest rates and economic uncertainty have slashed revenues for many commercial real estate brokerage firms. This year, the top publicly traded firms have announced large-scale layoffs and profit loss, but some firms are persevering through the market turbulence. Matthews Real Estate Investment Services™ is one example. […]

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orange county

Market Report | Retail | Los Angeles and Orange County, CA

DATE August 8, 2023 / Author


Los Angeles and Orange County, CA Retail Market Report Orange County Market Overview The retail market in Orange County is characterized by a strong consumer base, a thriving tourism industry, and a low unemployment rate, which has driven robust demand for regional malls, neighborhood restaurants, and shopping centers. The availability of retail space has reached […]

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Tim VanWingerden

Q&A: Tim VanWingerden | Matthews™ Associate Vice President

DATE August 8, 2023 / Author


Tim VanWingerden on Thriving in Commercial Real Estate #1 –How did you get into commercial real estate, and what made you choose multifamily as your specialty?   Real estate was never something on my radar. I grew up in an entrepreneurial environment, with my family owning and operating an industrial greenhouse. My intention was to […]

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interest rate

July 2023 Interest Rate Hike

DATE August 8, 2023 / Author


Interest Rate Hike On July 26, the Federal Reserve raised interest rates a quarter point to 5.25%-5.5%, the highest level in 22 years. The increase comes after a long-awaited pause in June. Prior to June, the Fed issued 10 consecutive hikes aimed at slowing historically-high inflation. Although the Fed’s actions have successfully lowered inflation to […]

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ADU

Benefits of Adding an ADU to your Multifamily Property

DATE August 3, 2023 / Author


Adding an ADU to a Multifamily Property An Accessory Dwelling Unit (ADU) is an additional structure designed for permanent housing built on a property that already has a primary home or dwelling. They are often referred to as guest houses, casitas, granny flats, or backyard cottages. These secondary units have their own separate entrance as […]

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phoenix

Market Report | Self-Storage | Phoenix, AZ

DATE August 3, 2023 / Author


Phoenix Self-Storage Market Report Market Overview As the capital of Arizona and the fifth-largest city in the U.S., Phoenix carries a population of more than 1.6 million people. From its thriving arts and culture scene to its world-class golf courses, sports venues, and outdoor recreational activities, there is something for everyone in Phoenix. The city […]

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coffee shops

The Emergence of Independent Coffee Shops

DATE August 2, 2023 / Author


Increasing Popularity of Smaller Coffee Shops Coffee shops have always been gathering places where people can enjoy their favorite brews, socialize, or find solace in a cozy environment. Recently, with changing consumer habits and market dynamics, small coffee shops have gained popularity. The average square footage of coffee shops is close to 2,000 square feet, […]

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