Insights

Multifamily Investors Multifamily properties have long held a favored position in commercial real estate, thanks in large part to their ability to outperform in times of economic dislocation. However, the rapid rise in interest rates and a wide buyer-seller gap on pricing has derailed multifamily investment activity. At the end of 2022, multifamily investment fell 70%, […]

Florida Self-Storage Why Florida? Florida is a top tourist attraction in the U.S., known for its beautiful beaches and famous theme parks. Florida is the third most populous state in the nation, with over 21 million residents. The state contains roughly 1,300 miles of coastline, and the weather is almost always ideal. Recently, several factors […]

Minneapolis, MN Retail Market Report Market Overview Entering 2023, Minneapolis gained significant consumer purchasing power. This is due to their robust wage growth, tight labor market, and apartment affordability. Despite current market concerns of inflation, Minneapolis continues to see growth in the retail sector through tenant expansion. Minneapolis has the lowest nominal net deliveries of […]

Austin, TX Multifamily Market Report Market Overview The Austin multifamily sector still leads the nation’s largest 50 markets in annual net absorption as a share of inventory, with about 6,300 units absorbed in the last 12 months. This trend can be attributed to the area’s growing labor force and high price tag of single-family homes. […]

Hospitality Challenges We sat down with Matthews™ Hospitality Associate, Ryan Sanchez, to discuss the prevailing challenges throughout the hospitality industry. Read on to learn why the hospitality industry remains a vital component of the economy despite economic volatility.   What are Some Problems the Hospitality Industry Faces Currently? Labor Costs: Labor costs can be a […]

Los Angeles, CA Multifamily Market Report Market Overview The L.A. apartment market is experiencing a cooling off in demand and increasing vacancy rates. The market remains one of the most expensive in the country, with a high concentration of cost burdened renters and an average rent of $2,190 per month. As a result of decreasing […]

Jacksonville, FL Multifamily Market Report Market Overview The Jacksonville metropolitan area’s multifamily market is experiencing increased supply pressure. Developers are taking advantage of the robust market conditions by accelerating the pace of multifamily construction. The current development of 10,000 units is unprecedented, and it comes after the delivery of 5,600 apartments in the past two […]

Tampa, FL Industrial Market Report Market Overview Tampa’s industrial market grew rapidly over the past few years, with high leasing activity, net absorption rates, and rent growth. Its advantageous location on the Interstate 4 corridor connecting Tampa to Lakeland and Orlando significantly contributes to the area’s growth. Despite delivering approximately 6.4 million square feet of […]

The Matthews™ Podcast |  Episode #12 Self-Storage: The Resilient Asset Class | Industry Trends, Projections, and Key Considerations In this episode of the Matthews™ podcast, your host Matthew Wallace is joined by Matthews’ Self-Storage expert Austin McLeod. This episode dives into the current state of the self-storage market, including where the most active markets are […]