Urban Institute: How Housing Counselors Are Navigating Challenges

The Urban Institute, Washington, D.C., on Thursday released research on the experiences of HUD-certified housing counselors who mobilized to serve renting families during the pandemic and their reflections on the evolving needs of renters post-pandemic.

CBRE: Multifamily Rent Growth Slows in Q3

CBRE, Dallas, found that average multifamily rent growth slowed to 0.7% year-over-year in the third quarter amid an influx of deliveries of new units.

Tech Industry Leasing More Offices, CBRE Finds

CBRE, Dallas, reported that despite challenges in the sector, the tech industry has reclaimed the largest share of U.S. office leasing in the third quarter.

CBRE Finds Office Conversions More Than Doubling

CBRE, Dallas, found nearly 100 office-conversion projects are slated to be completed in major U.S. cities this year. That’s more than double the average of 41 per year from 2016 to 2022.

Data Center Construction Reaches Record High, Driven by AI Growth: CBRE

Demand for data center space overshadowed economic uncertainty and concerns around power availability in the first half of 2023, according to CBRE. Construction of North American data centers reached a record high in part due to the continued growth of artificial intelligence.