Single-tenant net lease cap rates saw little change in the second quarter in a departure from recent years, according to The Boulder Group, Wilmette, Ill.
Category: News and Trends
WalletHub Compiles Best, Worst Places to Rent
WalletHub, Miami, released a new report analyzing where renters in the U.S. are best positioned across 21 key measures related to rental attractiveness and quality of life. The best city, the analysis found, was Overland Park, Kan.
Dealmaker: KeyBank Provides $47M for California Affordable Housing
KeyBank Community Development Lending and Investment, Cleveland, provided a $32 million tax-exempt construction loan and a $15 million taxable construction loan to finance El Camino Commons, an affordable multifamily property in Oceanside, Calif.
CREF Policy Update: ICYMI: Final Tax and Reconciliation Package Contains Numerous Pro-Real Estate Tax Provisions
Commercial and multifamily developments and activities from MBA important to your business and our industry.
CMF Quote of the Week
“The megabill includes numerous–with a Capital N!–MBA-supported tax changes. Make no mistake, with your help, our direct advocacy efforts with lawmakers and their staff ensured the preservation–and in several cases, the enhancement–of several key elements of the 2017 Tax Cuts and Jobs Act.” — MBA’s President and CEO Bob Broeksmit, CMB, on the recently signed tax package
Construction Spending Weakens
Construction spending dipped in May for the seventh straight month, the U.S. Commerce Department reported last week.
Senior Renters Increase, Point2Homes Finds
Point2Homes, Santa Barbara, Calif., found that more seniors are renting now than 10 years ago.
RentCafe: Southern Cities Deemed Top Spots for Renters in 2025
RentCafe, Santa Barbara, Calif., released a report on the best cities for renters in 2025, naming McKinney, Texas, as the top location.
Economy Adds 147,000 Jobs in June; Industry Economists Weigh In
Total nonfarm payroll increased by 147,000 in June, and the unemployment rate was 4.1%, the U.S. Bureau of Labor Statistics announced.
Redfin Reports Condo Prices See Second-Largest Drop on Record
Redfin, Seattle, found the median U.S. condo sale price fell 2.2% year-over-year to $354,100 in May, the second-largest drop in records dating back to 2012.