CREF Policy Update: MBA, Housing Solutions Coalition Send Post-Presidential Debate Missive Opposing Rent Control
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Yardi Matrix Finds Solid Multifamily Performance in First Half of 2024
Yardi Matrix, Santa Barbara, Calif., reported that multifamily performance was solid in the first half of 2024, with advertised rents up 1.5% nationally.
Redfin: New Apartments Filling Slowly
Redfin, Seattle, released a report highlighting that newly built apartments are filling up at the slowest pace since the first quarter of 2020.
RentCafe: Miami Still Most Competitive Rental Market
RentCafe, Santa Barbara, Calif., analyzed the competitive state of the rental market, finding that Miami has retained its position as the most competitive rental market, followed by suburban Chicago and northern New Jersey.
Commercial and Multifamily People in the News July 11, 2024
Industry personnel news from Green Street, Greystone, CBRE, JLL and Eastern Union.
Single-Tenant Net Lease Cap Rates Rise for Ninth Straight Quarter, The Boulder Group Finds
Single-tenant net lease cap rates increased for the ninth consecutive quarter within all three sectors in the first quarter, per The Boulder Group, Wilmette, Ill.
Dealmaker: JLL Secures $430M for Fairmont Austin Hotel in Texas
JLL, Chicago, arranged a $430 million refinancing for Fairmont Austin, a 37-story hotel in downtown Austin, Texas.