by Saira Marin | Aug 2, 2022
Housing, particularly multifamily, saw big jumps—and cap rate crushing—during the pandemic. Now? The Mortgage Bankers Association says the brakes are about to hit. The organization released a new baseline forecast that projected a much slower second half of the year,...
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 30, 2022
CRE prices are still rising, but the rate of growth for most types seems to have hit the top and has tipped over on the downward slope, according to data from MSCI’s Real Capital Analytics. “Price growth for US commercial properties hovered just below recent record...
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...
