Yardi Matrix: Multifamily Outlook Hopeful Amid Volatile Economy

The multifamily market produced exceptional rent growth in the first half of 2022, driven by robust household formation, strong employment growth and households getting frozen out of homeownership, said Yardi Matrix, Santa Barbara, Calif.

Gross Domestic Product Contracts at 0.9% Pace

Real gross domestic product decreased at an annual rate of 0.9 percent in the second quarter–the second consecutive quarter with a decline–the Bureau of Economic Analysis said Thursday.

CREF Policy Update August 4, 2022

Last Wednesday, the Treasury Department announced new guidance that will give state, local, and tribal governments more flexibility to use COVID-19 State and Local Fiscal Recovery Funds to finance affordable housing.

CRE People in the News Aug. 4, 2022

JLL Capital Markets said Daniel Digerness joined the firm as a Director in its Phoenix office. He will focus on debt and equity advisory across all product types in Phoenix and the southwestern U.S.