Archives for Matthews REIS / Page 5

Q4 2024 LA County Multifamily Sales Report Investor Interest in West LA Apartments Reaches Annual High in Q4 West LA area apartments have shown improved deal flow relative to the national average, with 73% more dollar volume targeting multifamily assets here in 2H 2024 than in 2H 2023. For yearlong totals, all West LA’s zip […]

Atlanta Industrial Market Report Key Findings Atlanta’s vacancy rate reached 7.6% by year-end 2024, the highest since 2020 as new supply exceeded market demand. Net absorption totaled 8.1 million square feet, a 30 percent increase from 2023. Rent increased by 5.6% YOY, with the average asking rent per square foot reaching $9.66. Transaction volume rebounded […]

Q4 2024 Atlanta Multifamily Market Report Atlanta Key Findings Apartment demand is strongest for higher-tier properties, with this class leading the way in absorption volume. The market has recently been affected by an influx of new properties, specifically in urban submarkets like Midtown and Downtown. Rent growth increased the most in suburban areas. For example, […]

Chicago Industrial Market Report Key Findings Manufacturing jobs in Chicago are increasing, while its office-using segment is decreasing. Logistic spaces are highly desired, with cap rates between 5.5% and 7.0%. Many multi-tenant industrial properties changed hands in 2024, with a multi-tenant facility making up the largest trade in Q4 2024 at $439 million. Chicago Industrial […]

2024 Brooklyn Industrial Market Report Market Overview Below is an overview of all industrial transactions in 2024 exceeding $1M in Brooklyn and some noteworthy insights.   Total Dollar Volume: $927M—an 83% increase from 2023 and a 14% increase from 2022. Transactions: 102 deals over $1M, up from 61 in 2023 and 101 in 2022. Average […]

2024 EOY Brooklyn Multifamily, Mixed-Use/Retail, and Industrial Market Report   Multifamily Market Summary The Brooklyn Multifamily market saw ~$972M of sales volume across 195 separate transactions in 2024. Additionally, there were a few themes that were tracked:   Flight Quality There was ~$570M of sales volume in the “Prime Markets” of Greater Downtown and North […]

Maximizing Auctions for Success Before Facilitating an Auction Setting up a CRE auction requires careful coordination and strategic planning. The first step is to evaluate the property’s suitability for auction. Not every property is ideal—those with property or seller distress and value-add opportunity tend to perform best. Once suitability is determined, selecting the right auction […]

Austin Hospitality Market Report The Austin market has experienced substantial growth in its hotel industry. This growth is driven by a surge in new developments buoyed by its thriving economy. In 2024, Austin added 1,300 hotel rooms across 14 properties, with 17 additional projects nearing completion and set to deliver 1,800 rooms. In total, this […]

Super Bowl Economic Impact on New Orleans This year, Super Bowl LIX will be held at the Caesars Superdome in New Orleans, Louisiana. It has been 12 years since the city hosted the game, and it will be the 11th Super Bowl played in New Orleans. The game will also mark the second time the […]