Insights
Central Impacts of Trump Presidency on CRE
Market Report | Industrial | Phoenix, AZ | Q4 2020
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 […]
Matthews™ Capital Markets Rate Sheet | March
CRE Lending Expected to Increase in 2021 Commercial real estate investors are bullish that the market will rebound and investment activity will pick up by 50% in Q2 2021. The vaccine rollout will allow for economic activity to resume to normal levels. The steep declines in mortgage borrowing and lending experienced in 2020 should […]
Nashville Market Spotlight
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 […]
Why Multifamily is Booming in the Sunshine State
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 […]
The Texas Weather Crisis Affects Multifamily
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 […]
DaVita Dialysis Remains the Pinnacle of Healthcare Real Estate
CLICK HERE TO DOWNLOAD Nearly every industry across the board took a hit during the COVID-19 pandemic, even healthcare. Medical office buildings were faced with staffing outages, scarcity in personal protective equipment (PPE), and specialty clinic closures, like dentists or specialized surgeons, as appointments were canceled or postponed. According to the American Hospital Association, over […]
California Apartments: Future Appreciation or Downhill Spiral
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 […]
Matthews™ Capital Markets Rate Sheet | February
CLICK HERE TO DOWNLOAD THE MOST RECENT RATE SHEET Key Capital Market Trends With new regulatory trends impacting the capital marketplace, an economy heavily dependent on a vaccine, and strained relationships causing geopolitical tensions, the U.S. still seems to have a way to go until full recovery. Once a vaccine is distributed and herd […]
NMHC Rent Collection Data – February 2021
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 […]