CRE Market in Trump’s First 100 Days
Donald Trump’s return to the White House is likely to change commercial real estate. This could begin today as he plans to sign several executive orders. One key program from his first term, Opportunity Zones, might expand and bring in billions for real estate investment. However, his plan for mass deportations could worsen labor shortages, [...]
October 2024 Market Update
Office vacancy in Manhattan has hit a three-year low, while Boston office leasing has reached a two-year high. LA office leasing has reached its highest level since Q1 2020. Additionally, the availability of Class A office space in Chicago has decreased for the first time since the pandemic. Even San Francisco, which has struggled the [...]
Industrial Market Update – September 2024
In July, in-place industrial rents increased to $8.15 per SF, marking a 7.3% year-over-year rise, according to a report from CommercialEdge. This is good news for landlords dealing with a surge in supply. However, the overall industrial market is still below its record highs in 2022. The Inland Empire, Los Angeles, Miami, and New Jersey [...]
September 2024 Market Update
In August, the U.S. economy added 142,000 jobs, which was slightly below the expected 161,000 jobs. This suggests a slowdown in the labor market but could also lead to the Federal Reserve lowering interest rates later in the month. The unemployment rate dropped to 4.2% as the labor force expanded by 120,000, maintaining a 62.7% [...]
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