Archives for Matthews REIS / Page 6

Sarasota, FL Multifamily Market Report Market Overview The Sarasota multifamily market is experiencing a challenging pricing environment, with an average cap rate of 6.3%. Properties are selling for an average of $213,636 per unit, and the typical sale price is $18.9 million. On average, sales prices are 12.6% below the initial asking prices, with properties […]

Small Business Administration (SBA) 504 Loan Program: What is it and how do small businesses benefit? What is the SBA 504 Loan Program? The Small Business Administration (SBA) is an independent organization of the U.S. Government that helps small businesses and entrepreneurs. The SBA 504 program is intended to provide long-term, fixed rate financing for […]

South Florida Hospitality Market Report Miami Market Overview Miami is a popular tourist spot for both domestic and international travelers. While the local attractions might benefit the economy, Miami hotels continue to work towards improving the challenges that have brought down KPIs in 2023. Miami By The Numbers Occupancy: 73.3% ADR: $220.31 RevPAR: $161.37 Rooms: […]

Port St. Lucie Industrial Market Report Port St. Lucie Industrial Market Overview Industrial properties in Port St. Lucie are experiencing rapid growth, and the metro has seen the strongest quarter on record for new space deliveries. The increased deliveries have led to higher vacancies in previous quarters, which are beginning to decrease as of Q3 […]

Senior Housing Report | REIT Update Earnings Recap & Forward Momentum for Senior Housing The senior housing REITs recently wrapped up their earnings calls for the second quarter of 2024 and gave their insights on what they expect for the back half of the year. Many REITs raised their guidance outlook for the year as […]

QSR Texas Insights The quick-service restaurant (QSR) sector in Texas showed remarkable strength during the first half of 2024, despite ongoing economic hurdles. Investment sales and leasing activity remained strong across major metropolitan areas, with several chains expanding their presence in the Lone Star State.   According to CoStar data, the Texas QSR market saw […]

Federal Reserve Shifts Tone and Overnight Rate in September The Federal Reserve announced on Wednesday a 50-basis point cut to the federal funds rate, bringing the overnight rate to the 4.75%-5.00% range. While the Fed has successfully reduced the pace of inflation since Core PCE growth peaked in 2022, the Federal Reserve’s preferred inflation measure […]

Palm Beach County Office Market Report Palm Beach County Office Market Overview The Palm Beach County Office market is in a strong position as it is one of the wealthiest counties in Florida. The county has the fourth-highest personal income in the state, largely due to its high concentration of employees in the financial and […]

Miami Shopping Centers Market Report Miami Retail Market Overview The influx of high-net-worth individuals and recovering international travel are boosting Miami’s resident and tourism spending. However, a lack of available retail space is slowing leasing activity, with 2.7 million SF leased in the past year, down from 3.5 million SF in late 2021. The availability […]