The office district is deserted with boarded-up towers, rampant copper theft, and failing retail. The city is urgently trying to reverse this decline.
127 banks registered in the state have property debts exceeding 300% of their value, the highest number in the US.
The consumer price index rose 3.5% in March largely due to rising rents and housing costs.
RealPage updated its 2024 rent forecast in light of positive economic indicators.
Blackstone is ramping up its multifamily investments, spending $10B to purchase Apartment Income REIT Corp. after a period of moving more cautiously.
More than 50% of the investors surveyed by CBRE plan to buy more assets in 2024 than in 2023.
Since the beginning of 2023, major luxury brands have invested over $9 billion in real estate acquisitions.
The U.S. apartment market in the first quarter of 2024 has been a tale of two forces: strong demand unable to keep pace with an even more supply.
U.S. office vacancy rates are nearing a record 20%, slashing its record set just a quarter ago.
Banks across the U.S. are facing significant challenges as trillions in property debt are set to mature over the next few years.
Dollar General, primarily situated in rural locales, is set for expansion, whereas Family Dollar, with a focus on urban areas, is poised to shutter hundreds of stores.
The national median rent rose to $1,388 after a 0.6% increase in March.
