There have been growing concerns about inflation across the commercial real estate sector, but the overall economic outlook is positive.
Category Archives: Market Trends
Commercial Real Estate Market Trends
Downtown multifamily construction has flourished across the U.S. over the last decade in response to people’s changing preferences. Even with many people’s shift to suburban life caused by COVID-19, the shine of city living has yet to be dimmed.
Brokered by Randolph Taylor CCIM, Multifamily Investment Sales Broker with the Chicago-Naperville eXp Commercial office.
Randolph can be contacted at
(630) 474-6441 [email protected]
In March 2020, Congress passed the CARES Act, legislation that included a temporary 120-day moratorium on evictions and late fees for federally-backed and federally-assisted housing. The moratorium featured what should have been a temporary notice to vacate requirement. Due to a drafting error in the legislation, however, this provision – which intrudes state and local notice periods – has remained in place long past the moratorium’s expiration, and remains a disputed issue in courts today.
The spike in rental property rates across much of the United States is finally starting to level out, according to a September analysis by data company CoStar Group.