As evidence that builders are facing the combined headwinds of rising material and labor costs as well as supply chain delays, the pace of multifamily development is down.
The real estate sector is in a strong position to build its way out of the pandemic and take the economy with it
Six of the largest multifamily REITs to have released their earnings reports for the third quarter all reported outperforming their year-to-date performance guidance, including Mid-America Apartment Communities, AvalonBay Communities, Equity Residential, Essex Property Trust, UDR and Camden Property Trust.
The population surge of millennials, coupled with the housing supply shortage endemic across the US, will drive demand for single-family rentals in infill neighborhoods in high-growth markets, a SFR exec told investors recently.
More than double the share of commercial real estate tenants are planning to increase rather than decrease their space next year,
Chicago landlords may be back in the driver’s seat after being forced to offer concessions to lure tenants during the pandemic.