Insights
Central Impacts of Trump Presidency on CRE
Agents Speak: The Cleveland CRE Market
How do you expect the Cleveland real estate market to perform going forward? Cleveland will continue to perform at a stable and modest rate. The strength of the market lies in the depth of large stable employers. The world-renowned hospital systems (and the ancillary businesses built around them), Progressive Insurance, Key Bank, Sherwin Williams are […]
The Cap Rate Spread | Comparing Multifamily Classifications
CRE investors often use capitalization rates, or cap rates, as the industry standard measure of expected returns on an asset. Factoring in the asset’s price and produced net income, multifamily investors can better determine the performance potential. Further, they can categorize a property into three asset classes, A, B, and C, to assess the […]
Retail Center Review
The Assets That Remained Liquid Shopping centers experienced mixed results from the challenges presented throughout 2020. Depending on their anchor and location, shopping centers either struggled or flourished. Quality, well-positioned assets with essential retailers witnessed heightened demand, while shopping centers with predominantly discretionary stores saw depleted revenue and decreased demand from investors and […]
Self-Storage Market Outlook – Measuring Current Conditions
Proving its recession-resiliency, self-storage remained a strong performer throughout the initial wave of COVID-19, and has since produced arguably two of the best quarters of occupancy and rental rate growth in the industry’s history. As of June 2021, street rates have accelerated significantly – posting the highest average rental rates since September 2017. Also, due […]
Q2 2021 Multifamily Market Report | South Los Angeles
South Los Angeles contains only about 10% of the County population, and includes a higher concentration of minorities, persons below 18 years of age, and individuals and children living below the poverty line. All these characteristics set the stage for understanding the labor and housing market in South Los Angeles. South Los Angeles has a […]
Multifamily Construction: What’s the Status?
Large volumes of new multifamily units are stretched across the United States, but delays make it difficult to get these properties across the finish line. With building material supply chain disruptions, a dire shortage of qualified labor, and difficulties obtaining approvals, developers face headwinds to complete projects on time and within budget. While […]
Q2 2021 Multifamily Market Report | Dallas-Fort Worth, TX
Dallas-Fort Worth (DFW) has consistently ranked for top place to work, live, and the best place for investment prospects, according to Bloomberg Businessweek, Forbes, Fortune, and Site Selection magazine. It is a top region for business due to the low cost of living, a business-friendly environment, and a strong network of well-educated and skilled employees. […]
Q2 2021 Multifamily Market Report | East Los Angeles, CA
Multifamily in the East Los Angeles submarket is generally smaller, older, and less luxurious compared to other parts of the Los Angeles metro. As a result, average rents in this market remain among the lowest in Los Angeles. However, in recent years, low vacancies translated into healthy rent growth. The combination of low vacancies, healthy […]
Q2 2021 Multifamily Market Report | Tri-Cities, CA
A large concentration of major media companies reside in the Tri-Cities submarket and are the cornerstone of the economy. In normal economic times, employees of these media companies help drive apartment demand. That, coupled with significant supply constraints and healthy occupancy levels, are the pinnacle of multifamily market health. Once a hotspot for multifamily […]