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Labor Shortages, Wage Increases Should Abate Next Year

Marcus & Millichap is predicting labor shortages and wage increases will continue to be headwinds for CRE this year, but they should abate a bit in 2022. There is a 2.5 million worker shortage al...

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Apartment Demand Hits Record Cyclical High

Consumer demand for apartments hit a record high in the third quarter of this year, with new data from RealPage showing that the nation’s occupied apartment count jumped by a staggering 255,094 ...

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How to Make Sense of Where Cap Rates Are Headed

The big takeaway from last week’s meeting of the Federal Reserve appears to be that interest rates will rise next year – and that has many CRE professionals asking if cap rates will also g...

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Uh-Oh, Growth is Slowing. Is CRE Next?

Nobody likes being corrected, especially an entire industry. But some are suggesting that one is overdue in commercial real estate. And some outside data seem to say that things are slowing. JP Morga...

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Zillow Estimates 0.6% of Nation's Renter Pool to be Evicted

Zillow projects a 50 percent rise in evictions coming out of the expiration of the federal eviction moratorium, or roughly 1.5 times what they would typically have been before the pandemic, according ...

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House Committee Passes Bill Aimed at Rental Assistance Inefficiencies

The Committee on House Financial Services passed H.R. 5196, the “Expediting Assistance to Renters and Landlords Act of 2021,” which aims to address a number of Emergency Rental Assistance ...

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Record Apartment Rent Growth Pulls Back Just a Bit in August

Apartment rents on average are nearly $200 per month higher than they were a year earlier, according to a record-setting Zillow Observed Rent Index (ZORI) for August, issued this week. August’s...

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Los Angeles Apartment Roars Back After the Pandemic

The Los Angeles apartment market has already returned to pre-pandemic activity, according to the latest research from Marcus & Millichap. Apartment leasing is at a 15-year high, illustrating the s...

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California COVID-19 Rent Relief Program Commits $1B in Funding

California’s COVID-19 Rent Relief Program recently reached a milestone with more than $1 billion in funding committed. This means the money has either been paid or approved for payment and is aw...

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CRE Is Due for a Correction

The word “recovery” comes up a lot these days, describing everything from recent job gains to resurgent lending and transaction volume in commercial real estate. But before investors get t...

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