Insights

“The pandemic increased demand and made healthcare a more desirable asset class,” Rahul Chhajed, VP and senior director of healthcare at Matthews Real Estate Investment Services, tells GlobeSt.com about how the asset class fared during the pandemic. For one, medical properties moved onto the list of darling asset classes, and it isn’t hard to understand why.   […]

  Initially, South Florida suffered substantial economic disruption when COVID-19 hit as tourism came to a halt. The hospitality and leisure industry accounts for 15 to 20 percent of the workforce, depending on the market. However, the job market has since rebounded, with tourists adjusting to the new normal and eager to vacation again. Investors […]

The Matthews Podcast | Episode #1 The State of the Shopping Center Market On this episode of the Matthews™ podcast, specialized agents dissect the shopping center sector and the shifts occurring in the space with Matthews™ Market Leader, Matthew Wallace. We are joined by CRE experts Devon Dykstra the Director of Western US Shopping Centers, Tripp […]

Nashville’s multifamily sector benefits from a business-friendly environment, expansive job market, and growing population. For years, major companies have been relocating or expanding to the market, contributing to the stellar job growth, including AllianceBernstein, Amazon, and Oracle. These corporations feed directly into strong multifamily demand in both urban and suburban submarkets throughout the metro. There […]

  The Phoenix industrial market had an extraordinary performance in 2020, which has continued into 2021, with several tenants expanding their footprint in the market at an unprecedented pace. With consumers ordering online and growing reliance on shipping, companies are targeting Phoenix for industrial space as the market can reach 35 million customers within a […]

  Southern California’s San Fernando Valley is an urbanized valley in Los Angeles County. It encompasses about 80 percent of the City of Los Angeles and includes other independent cities, including Burbank, Calabasas, Glendale, Hidden Hills, and San Fernando. Comprised of nearly 350 square miles of prime real estate, the San Fernando Valley is home […]

  Miami-Dade County is one of the ten largest in the U.S. by population. The market sees surging demand, rent growth, and net absorption in 2021, following a virtually inactive 2020. In the last 12 months, 14,000 units have been absorbed, pushing vacancies to 3.7 percent. Rent gains are considerable, growing 14.7 percent year-over-year. Miami […]

  It has now been 19 months since COVID-19 was declared a national emergency in the United States. The media continues to paint the picture that there is no end in sight for the pandemic and forecasters are incorporating the longevity of the health crisis into economic projections. This is downshifting the market outlook. According […]

Rents have increased 11.5 percent year-over-year, according to Bloomberg, making it increasingly difficult to for low-income tenants to afford rent. Apartment List reported that each one of the nation’s top 100 largest metros have seen increased rents month-over-month for the last five months. Rent spikes are most prominent in places like the Phoenix metro or […]