Insights
Texas Quick Service Restaurant | Quick Service H1 Insights
State of the Market | Car Washes
Car Wash Market Insights How Car Washes are Developing to Meet Increased Demand The speed and convenience provided by car washes has increased the expansion of these properties across the nation. Currently, full-service facilities make up the greatest amount of the car wash market nationally. Their popularity is attributed to the efficiency of the customer […]
3Q24 | Industrial Outdoor Storage Market Report | Jacksonville, FL
Jacksonville Industrial Outdoor Storage Market Report Jacksonville IOS Market Overview Industrial and IOS demand in Jacksonville has surged in recent years, driven by increased activity at the Port of Jacksonville and near nation-leading population growth. The city expanded its population by 23% from the end of 2013 to the end of 2023, outpacing the Florida […]
3Q24 | Hospitality Market Report | California
California Hospitality Market Report Los Angeles By the Numbers Occupancy: 71.3% ADR: $195.46 RevPAR: $139.32 Last 12 Months | Source: CoStar Group Market Overview The Los Angeles metro benefits from a strong tourism sector. The area houses many amusement parks and is a primary home for the entertainment industry. Tourism activity in the segment […]
3Q24 | Multifamily Market Report | Sarasota, FL
Sarasota, FL Multifamily Market Report Market Overview The Sarasota multifamily market is experiencing a challenging pricing environment, with an average cap rate of 6.3%. Properties are selling for an average of $213,636 per unit, and the typical sale price is $18.9 million. On average, sales prices are 12.6% below the initial asking prices, with properties […]
SBA 504 Loan Program
Small Business Administration (SBA) 504 Loan Program: What is it and how do small businesses benefit? What is the SBA 504 Loan Program? The Small Business Administration (SBA) is an independent organization of the U.S. Government that helps small businesses and entrepreneurs. The SBA 504 program is intended to provide long-term, fixed rate financing for […]
3Q24 | Hospitality Market Report | South Florida
South Florida Hospitality Market Report Miami Market Overview Miami is a popular tourist spot for both domestic and international travelers. While the local attractions might benefit the economy, Miami hotels continue to work towards improving the challenges that have brought down KPIs in 2023. Miami By The Numbers Occupancy: 73.3% ADR: $220.31 RevPAR: $161.37 Rooms: […]
3Q24 | Industrial Market Report | Port St. Lucie, FL
Port St. Lucie Industrial Market Report Port St. Lucie Industrial Market Overview Industrial properties in Port St. Lucie are experiencing rapid growth, and the metro has seen the strongest quarter on record for new space deliveries. The increased deliveries have led to higher vacancies in previous quarters, which are beginning to decrease as of Q3 […]
Texas Quick Service Restaurant | Quick Service H1 Insights
QSR Texas Insights The quick-service restaurant (QSR) sector in Texas showed remarkable strength during the first half of 2024, despite ongoing economic hurdles. Investment sales and leasing activity remained strong across major metropolitan areas, with several chains expanding their presence in the Lone Star State. According to CoStar data, the Texas QSR market saw […]
Federal Reserve | September 2024 Update
Federal Reserve Shifts Tone and Overnight Rate in September The Federal Reserve announced on Wednesday a 50-basis point cut to the federal funds rate, bringing the overnight rate to the 4.75%-5.00% range. While the Fed has successfully reduced the pace of inflation since Core PCE growth peaked in 2022, the Federal Reserve’s preferred inflation measure […]