Insights

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 […]

Two industrial properties in Commerce have sold for $17.5 million. The properties are located at 2140 Davie Ave. and 5830 Triangle Drive.   Longpoint Realty Partners purchased the sites in a sale-leaseback transaction, where the seller immediately leases back the property from the new owner. These types of arrangements give the seller a cash infusion […]

In nearly every major metro in the Midwest, the most active retailers expanding, leasing or developing involve grocers, discounters and drive-thru tenants. Most of the activity in the Midwest is reflective of the broader trend in shifting consumer demands, away from wants and more toward needs and services.    Discount retailers    It’s no surprise […]

  California’s statewide eviction moratorium expired last week, but residents of Los Angeles county may still be protected against eviction proceedings if they are unable to pay rent due to hardships caused by Covid-19. As a result, many LA landlords are wondering what will come next and how they can best proceed. Should they keep their current tenants, even if […]