Archives for Matthews REIS / Page 3

An Outlook at Multifamily Deals After a difficult year, the capital markets for multifamily borrowers are opening up with a narrowing buyer-seller gap, plateauing interest rates and increased liquidity.   Last year, multifamily investors faced a challenging investment market, marked by a wide pricing gap between buyers-sellers, limited lender appetite and a volatile interest rate […]

Q1 Houston Multifamily Market Report Market Overview Houston remains one of the top-performing employment markets in the country, with an addition of 70,000 new jobs in 2023. The labor market has now surpassed pre-pandemic levels by over 210,000 jobs, representing a nearly 7% increase. The Houston metro area is home to approximately 7.5 million people, […]

California Lodging & Investment Conference | Takeaways Key Highlights RevPAR grew 4% to 5% YOY Operating expenses grew 7% to 9% YOY due to labor costs and property insurance premiums   Overview The sentiment is that without federal intervention to enact a policy to halt property insurance premiums, the cost of operating a hotel in […]

Industrial CRE Fundamentals After consecutive periods of tremendous growth and mild contraction, the U.S. industrial market in 2024 is approaching stabilization. The year’s first quarter proved challenging for the sector, and trends like decelerating rent growth and increasing vacancy rates will persist for several months. But there’s a caveat: Early signs of normalization and eventual […]

REIT Earnings Report Q4 2023 Earnings Recap & Forward Momentum: Q4 2023 to 2024 The open-air shopping center REITs recently wrapped up their earnings calls for Q4 2023 and issued guidance and expectations for 2024. Leasing demand and property operations remained strong as tenant demand to lease space and open stores has not waned. Brixmor […]

Long Island Q1 Retail Market Report Market Overview Higher-than-average household earnings and a robust job market have consistently upheld Long Island’s retail sector. As of Q1 2024, the demand for retail space in Long Island continues to outpace new supply. Given the low unemployment rate, positive demographic trends suggest ongoing robustness in consumer spending for […]

Florida’s Multifamily Investment & Development Impacted by Soaring Insurance Costs Florida’s population surged by over 700,000 between April 2020 and July 2022, significantly boosting demand for housing. While this is good news for multifamily, rising insurance expenses are placing downward pressure on owners. To put this into perspective, insurance costs for multifamily in Florida have […]

Tampa Q1 Industrial Market Report Market Overview Tampa’s industrial market is the second largest in Florida, with 212 million square feet located along central Florida’s I-4 corridor. It also boasts the strongest rate of demand in Florida, with the market recording 1.9 million square feet of net absorption over the past year. Tampa continues to […]

Lexington Multifamily Market Report Market Overview Lexington’s multifamily market stands resilient against economic fluctuations, supported by a strong economic landscape. Non-cyclical sectors like government and education, supported by major employers such as the University of Kentucky and Baptist Health, anchor the city’s economic foundation. Furthermore, the presence of Fortune 500 companies like Xerox and IBM […]