Insights

Proposition 33: A Look at Its Impact on California’s Housing Market California’s housing crisis has reached unprecedented levels. With skyrocketing rents and a severe shortage of affordable housing, the state’s residents face increasingly tough choices. Renters in California typically pay about 50% more for housing than renters in other states. In some parts of the […]

Lakeland, FL Multifamily Market Report Market Overview Lakeland’s multifamily market is shifting from a demand-driven phase to a more balanced state. In recent years, significant growth has been fueled by population increases and rising demand for rental housing, leading to a record 4,400 units completed in the past year. However, this surge in new construction […]

Insight into the CRE Coffee Shop Market Overview For years, the coffee shop market has been dominated by three major brands: Starbucks, Dunkin’, and Tim Hortons. However, significant shifts in the landscape have emerged post-pandemic, particularly with the rise of drive-thru coffee shops. Factors such as safety, convenience, cost-efficiency, and changing consumer habits have driven […]

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 […]