U.S. records strongest quarterly gain on record. Reopening local economies pushed GDP growth to 33.1 percent in the summer quarter. Although the gain was on the high end of expectations, the overall economy remains 3.5 percent below the level at the end of last year.
Read MoreThe NCREIF NFI-ODCE index, which tracks the private market, has returned 1.01 percent year to date, compared to a drop of 13.30 percent for the NAREIT Index. The former may reflect the closing of pre-COVID transactions, or the fact that many lower-quality deals aren’t getting to the finish line…
Read MoreWatch the Western CREF Conference for an analysis of the current economic environment, consumer and lender behaviors, and forward-looking insights for the Apartment, Retail, Office, Industrial, Hotel and Self-Storage sectors…
Read MoreEmployers added 1.4 million jobs in August, the lowest total of the past four months. The collective gains made over that period have restored nearly half of the 22.2 million roles that were lost in March and April. The job recovery will likely continue but the speed of improvement will largely depend on…
Read MoreSecond quarter rent collection data released by REIT’s reveal that over 95 percent of medical office, multifamily, office, and industrial tenants were able to meet obligations despite the economic disruption. However…
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