The shift to remote and hybrid work is shrinking the new office supply pipeline, but many developers believe the right project in the right location still makes sense, reported Yardi Matrix, Santa Barbara, Calif.
Tag: Yardi Matrix
Solid Apartment Rent Gains Continue
Multifamily rent growth continues to exceed normal seasonal patterns, reports said.
Evolving Office Sector Could Drive Flight to Quality
Workers are slowly returning to the office as the pandemic wanes, but office buildings remain relatively empty, reported Yardi CommercialEdge, Santa Barbara, Calif.
Multifamily Starts 2022 Strong
The multifamily market saw solid rent gains in January–normally a tepid month for rent growth, reported Yardi Matrix, Santa Barbara, Calif.
U.S. Office Transactions Overtake 2020 Volume; Vacancies Stable
Office sales completed through November exceeded $68 billion, surpassing last year’s total volume by 11 percent, reported Yardi CommercialEdge, Santa Barbara, Calif.
Office Market Seeing Nascent Recovery
Activity in the 12 largest U.S. office markets indicates many have started their recovery from the pandemic-induced downturn, reported CBRE, Dallas.
Yardi Matrix: Institutions ‘Flocking’ to Build Single-Family Rentals
As the single-family rental market evolves, institutional players are jumping in with more than $10 billion allocated to the sector by institutions over the last few years, reported Yardi Matrix, Santa Barbara, Calif.
Multifamily Nearing Pre-Pandemic Trend
Demand for multifamily housing now exceeds pre-pandemic levels, and Freddie Mac Multifamily projects rising rents, falling vacancies and a record-setting origination market in 2021.
Sublease Space Weighing Office Market Down
Office vacancy rates have risen significantly since the pandemic hit. Yardi Matrix, Santa Barbara, Calif., reported one big reason for the spike: nearly every market has seen sublease space available jump.
Rental Activity, Rents Increase
More renters moved last year than in 2019, and many of them relocated to big cities, reported Yardi Matrix, Santa Barbara, Calif.