by Saira Marin | Jul 21, 2022
When it comes to housing in South Florida, homebuyers and renters aren’t the only ones grappling with sticker shock. Developers often face construction costs that are 20% to 30% higher than a year ago – a trend that’s already stalled some projects at a time when local...
by Saira Marin | Jul 6, 2022
What a difference half a year makes. At the start of 2022, the investment profile for commercial real estate was generally bright, albeit tempered with concerns about rising inflation and interest rates on the horizon. Now that we are in the thick of these events, one...
by Saira Marin | Jun 13, 2022
Multifamily developers are still facing delayed shipments of construction material and rising project costs due to inflation and interest rates. Construction costs are up about 50% for most development projects, said Matthew Jacocks, principal for Lee & Associates...
by Saira Marin | May 26, 2022
After a banner year of CRE investment in 2021, 2022 is off to a solid start. Reports from both Colliers and CBRE for the first three months of this year found that investment in CRE is up and, by some accounts, setting records. U.S. transaction volume hit $161B, a...
by Saira Marin | May 4, 2022
Overall, the CRE market is not entirely insulated from the impacts of rising inflation, as it tends to increase the cost of labor, construction and operations, which ultimately adds pressure on supply and demand trends and can increase the probability of interest rate...
