'It's Pencils Down' As Trophy Office Investors Await Fed Move
Price per square foot has declined by 7% in the first half of 2022 compared to the same period in 2021.
Price per square foot has declined by 7% in the first half of 2022 compared to the same period in 2021.
Houston's retail market remains healthy in the face of a potentially looming recession with high occupancy, low rates of new construction, and growing concepts.
Executives see a better second half of 2023 once certainty returns to interest rates.
While cap rates have increased, the rise hasn't been as dramatic for retail.
Sixty-five of the more than 90 units would be reserved for renters earning 60% of the neighborhood's median income, plus other top Atlanta CRE deals.
Private equity, smaller investment funds, family money and high-net-worth individuals have been active in buying Atlanta office.
The firm's pivot to third-party comes after it got 1M SF in third-party management work last year.
Niche real estate groups are beneficial for specialized real estate. But since there are not many of them, there are not a lot of people to ask for help.
Despite high interest rates, difficulty obtaining financing and a development slowdown, brokers expect end-of-year momentum in deal volume to carry into 2024.
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