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Multifamily Market Report | Austin, TX
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. […]
Multifamily Market Report | Los Angeles, CA
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 […]
Multifamily Market Report | Jacksonville, FL
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 […]
Industrial Market Report | Tampa, FL
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 […]
Self-Storage Market Report | Southeastern Markets | February 2023
February 2023 Self-Storage Market Report Southeastern Markets Over the past few years, the self-storage industry has outperformed to become a significant participant in commercial real estate, becoming one of the country’s top investment classes. Self-storage still had a successful year in 2022, and is in good shape going into 2023, with minor softening in demand […]
Multifamily Market Report | West Los Angeles, CA
Multifamily Market Overview West Los Angeles, CA The West Los Angeles submarkets mainly consist of Century City West L.A., Greater Culver City, and Mid-Wilshire. These submarkets include some of the most prestigious areas and cities in the Los Angeles metropolitan area. West Los Angeles’s prominent location, strong employment drivers, local attractions, and central location makes […]
Multifamily Market Report | Gateway Cities, Los Angeles
Multifamily Market Overview Gateway Cities, Los Angeles The following cities, and some unincorporated areas of the Southeast Los Angeles submarket, comprise the Gateway Cities region: Artesia, Avalon, Bell, Bellflower, Bell Gardens, Cerritos, Commerce, Compton, Cudahy, Downey, Hawaiian Gardens, Huntington Park, La Habra Heights, Lakewood, La Mirada, Long Beach, Lynwood, Maywood, Norwalk, Paramount, Pico Rivera, […]
Multifamily Market Report | San Gabriel Valley
Market Report San Gabriel Valley Multifamily The San Gabriel Valley submarket has seen modest growth in its market fundamentals, with vacancy rising from 2.1 percent to 3.6 percent as a result of new units being added. Additionally, the softening occupancy has come waning rent growth, which peaked in the summer of 2022, at roughly $2.35 […]
Multifamily Market Report | Inland Empire, CA
Inland Empire Multifamily Market Report Market Overview – Inland Empire Multifamily An increase in rents over the past two years has drained affordability from the Inland Empire and demand has recently softened. Multifamily fundamentals have not been in sync with the broader economy, as the labor market remains robust and payrolls are growing by more […]