Houston's industrial market is delivering new product faster than it can be absorbed, but demand is still driving up rents and holding absorption high.
A spec D.C. office project sells and lands an anchor tenant, a Wharf condo unit sets a new sales record and multiple tenants sign new leases.
There are so many other factors weighing on renters and the multifamily market besides the decision.
In a worst-case scenario, office landlords can see building values plummet by 42% by 2030.
Hotel occupancy in NYC hit 86% in July, a 10% jump compared to the year before.
Whether all the plan's pieces will work together as hoped remains to be seen.
Tougher financing markets will have developers slow new apartment construction by 45% this year, the ratings agency says.
Some office owners are now facing the inevitable drop in values.
Gen Z is increasingly influential in the restaurant industry, which is now tasked with figuring out how to cater their concepts to new earners.
Manhattan's retail landlords saw strong results during Q2 2023, with asking rents continuing on a steady upward trend and demand resulting in low availability.
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