Annual Single-Family Rent Growth Relaxes Again in September, CoreLogic Finds
CoreLogic, Irvine, Calif., found annual single-family rent growth dropped to the lowest point in three years in September with a 2.6% year-over-year increase.
JLL: Construction Industry Likely to See Positive 2024
JLL, Chicago, released its U.S. and Canada Construction Trends 2024 forecast, positing that the industry will have a positive 2024, but also acknowledging existing challenges.
STR, TE Upgrade Hotel Average Daily Rate, Revenue Forecast
STR and Tourism Economics lifted their year-over-year growth projections for hotel average daily rates and revenue per available room in their final hotel forecast revision of 2023.
Affordable Housing Vital as 4% LIHTC Utilization Reaches New High, Arbor Reports
Arbor Realty Trust, Uniondale, N.Y., released its Affordable Housing Trends Report for Fall 2023, finding that utilization of the 4% Low-Income Housing Tax Credit has reached a new high, among other notable takeaways.
Fitch Shifts Its Outlook for U.S. Title Insurers to Neutral in 2024
Fitch Ratings, New York, shifted its sector outlook for the U.S. title insurance market to neutral for 2024.
CBRE: Hotel Revenue Growth Predicted for 2024 Despite Slower Q3
CBRE, Dallas, is forecasting a recovery in revenue per available room growth for hotels in 2024.
Dealmaker: Institutional Property Advisors Closes, Finances $100M Multifamily Asset Sale
Institutional Property Advisors, Calabasas, Calif., sold Parc Broadway, a 324-unit multifamily property in Tempe, Ariz., for $100.25 million, or $309,414 per unit.