Watch 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…
Read MoreThe repeal of long-standing Costa-Hawkins has the potential to capture thousands of previously market-rate apartments into local rent control. Local municipalities will have the authority to control units…
Read MoreRent collections held firm in the second quarter despite high unemployment as government stimulus mitigated the impact, yet the expiration of these benefits could weigh on multifamily.
Read MoreThe labor market continued to improve last month with the addition of 1.8 million jobs, below June’s gain of 4.8 million personnel. Business closures stemming from a rise in new COVID-19 cases in some parts of the country are slowing the pace of recovery. Total employment remains 12.8 million positions short…
Read MoreAfter surging as businesses reopened in June, the Consumer Confidence Index dipped in July as states reinstated some restrictions. The overall index is 92.6, down from 98.3 last month and 132.6 in February.
Read MoreDespite complications from the health crisis, sales of single-family homes are increasing as buyers adapt to new procedures. A greater appreciation for larger living spaces, population migration and historically low mortgage rates are all bolstering demand
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