Analysis

Last year, 50,000 new homes were added to the single-family rental market.

The percentage of loans with occupancy under 80% rose substantially in these markets.

The average asking price for office assets on Crexi showed a 5.13% gain over Q4 numbers.

In February, single-family rents grew 3.9% year-over-year, which was the strongest February in the past five years.

Sale listings increased and the average asking price per square foot rose 5.6% from Q4 2020.

One owner sees returns in the mid-teens.

The move is the latest in a string of bold office shifts by top global companies who are rethinking their occupancy strategies post-COVID.

The total market value of hotels sold for conversion over the next five years will range between $25 and $30 billion.