Insights

Treasure and Space Coasts, FL Hospitality Market Report Port St. Lucie Market Overview The hotel market in Port St. Lucie is notable for its small number of hotels, with only 108 hotel buildings. However, this totals around one-third of hotel inventory in Florida’s Central South region. Hotels here average 72 rooms, which is below the […]

Is the Value of a Strategically Vacant Asset Greater Than That of a Fully Stabilized Asset? Leaving Meat on the Bones: How to Use Vacancy to Your Advantage Given the seismic shifts in retail shopping behavior over the past decade, many shopping centers have adjusted their strategies to appeal to new-age consumers. With this, the […]

NFL Stadiums Impact on Local CRE Markets Drives Investment, Development, and Growth The kickoff of the 2024 NFL season attracted nearly 29 million viewers for the Baltimore Ravens vs. Kansas City Chiefs game. In comparison, the average NBA game draws 1.6 million viewers, while MLB averages 1.3 million. However, football’s significance in American culture goes […]

Central Florida Industrial Market Report Tampa Market Overview While Tampa has recently noted fluctuations in its population, Pasco and Hillsborough counties were two of the top three counties for the most population growth in Florida. Both counties noted an increase of 46,000 residents from July 2022 through July 2023. Also, Tampa marked a 1.6% increase […]

Minneapolis Multifamily Market Report Market Overview Minneapolis is having its second-strongest quarter of absorption on record, nearly tripling the average from 2015-2019. A robust job market and high affordability led to the absorption of 4,000 units in Q2 2024. The city’s diverse economy and vibrant arts scene have created attractive investment opportunities. The vacancy rate […]

Southeast Self-Storage Market Report Market Overview Southeast Self-Storage By the Numbers Total Sales Volume: $793.6M Average Price Per Square Foot: $116 Average Cap Rate: 6.0% This Year Through Q2 2024 | Source: RCA   Construction Underway: 18,764,978 SF Completed Developments: 9,327,069 SF By Square Feet, 4 quarters through Q2 2024 | Source: RCA   Market […]

North Fort Worth, TX Multifamily Market Report Dallas Fort Worth By the Numbers Vacancy Rate: 10.8% Rent Growth: -1.2% Delivered Units: 40,713 Sales Volume: $949M | Last 12 Months | Source: CoStar Group   Market Overview Dallas-Fort Worth’s central location and low cost of business make it a hub for demographic metrics. Residents are drawn […]

Positive Rent Growth Makes Louisville Multifamily Market Stand Out From the Pack Amidst economic uncertainty, Louisville stands out for its resilience, establishing itself as a stalwart in today’s market. According to Apartments.com, Louisville ranked No.1 in the nation for rent growth in the second quarter of 2024. Factors such as Louisville’s non-cyclical job growth, expanding […]

New York’s “City of Yes” Zoning Initiative Imposes Possible Implications for Multi-Use and Retail Properties What is the City of Yes Initiative? In June 2022, Eric Adams, the Mayor of New York, alongside the Director of City Planning (DCP) Dan Garodnick, introduced the “City of Yes” initiative to refurbish New York’s zoning framework. The NYC […]