Though many economists anticipate inflation to moderate to around 3% over the course of 2022, consumers are likely months away from a meaningful respite, especially as the omicron variant of the coronavirus worsens labor shortages and prevents goods from reaching store shelves.
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If You’re Hesitant To Hire A Broker For Your Multifamily Property Read This
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Continue readingJoin us for a lively discussion with the Honorable Henry M. Paulson, Jr. The CEOs of Marcus & Millichap, TruAmerica Multifamily and ICSC are honored to host the former CEO of Goldman Sachs and 74th Secretary of the United States Treasury. The conversation will span the economic outlook, inflation, Federal Reserve Policy, and factors impacting commercial real estate.
A new report from the Chicago Loop Alliance, a neighborhood business advocacy group, shows the city’s downtown closed December at or near pandemic-era highs in key occupancy metrics, though they still lag behind 2019 levels.
Labor availability continues to challenge apartment operators’ ability to build new development or perform value-add projects. Whereas the saying goes: Real estate is all about location, location, location; today, it’s more about labor, labor, labor.
In the 4th quarter of 2021, the U.S. apartment market saw occupancy tighten for the first time ever during the seasonally slow leasing period.
Commercial real estate is viewed as one of the best places to invest money during periods of high inflation, especially properties that can increase rents with the market, like apartments, hotels, and self-storage properties