COVID-19 / Page 2

Market Overview Phoenix’s development-friendly environment, booming local economy, and favorable demographics help new industrial supply pour into the market. The Phoenix market can reach roughly 35 million customers in one day by truck, which has appealed to e-commerce, logistics, and construction industries. The Phoenix market rents are also 35 to 40 percent below Los Angeles […]

ACCESS FULL REPORT HERE Market Overview Nashville made strides for monumental growth in 2020, including population growth, heightened construction, and employment opportunities. Household formation is more than double the national average, partly due to the numerous significant universities that call the metro home. Millennials account for a majority of the population growth in the metro […]

The combination of perfect sunny weather, no income tax, and relatively low COVID-19 case count positioned South Florida for a booming real estate market in 2021. Experts believe the growing number of people moving to Florida, which only accelerated during the pandemic, will further stimulate demand for multifamily. Even in B and C-class apartments, rent […]

On Friday, February 12th, a winter storm struck Texas, resulting in a week of the region’s lowest temperature in 72 years and more than 2.5 million residents, or 40 percent of Texas households, without power or water. Due to the state’s choice to deregulate electricity, Texas is widely criticized for creating an electric grid that […]

CLICK HERE TO READ THE REPORT As one of the most unaffordable states in the United States, California is no stranger to affordable housing shortages. Demand for more affordable housing in California is a burden held by major cities such as Los Angeles and San Francisco. Due to the high cost of single-family homes in […]

The start of 2021 kicked-off with optimism in the market as the vaccine begins distribution across the nation. The National Multifamily Housing Council (NMHC) has published Rent Payment Trackers consistently throughout the pandemic, providing statistics on rent payments. For the week ending in February 6th, 79.2 percent of apartment households submitted payment, a 1.9 percentage […]

CLICK HERE TO DOWNLOAD THE ARTICLE Industry Overview As one of the few asset classes to continue development and transaction activity throughout the economic and financial fallout sparked by the global pandemic, self-storage has remained a strong performer. The self-storage sector is often deemed recession-resistant by investors, as the demand for storage remains consistent, and […]

CLICK HERE TO DOWNLOAD THE ARTICLE The pandemic has accelerated delivery trends, as restaurants were forced to comply with occupancy restrictions, limited operations, and in some cases, closed locations. Even before the virus, online delivery trends were revolutionizing the restaurant industry with an entirely new type of business. While some restaurants begin to reopen, customers […]

With a new President taking office, another COVID-19 stimulus plan has been announced. Joe Biden released a two-step recovery and rescue plan which includes distributing $1.9 trillion in relief.   Key Elements to the American Rescue Plan Direct Cash Payments – Taking up the biggest chunk of the Rescue Plan is the additional $1,400 per […]