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Opportunistic buyers are pouncing as office recovery blooms in the city.
That leaves the federal government’s annual rent expenditure at $5.23 billion.
It may take several more quarters of demand exceeding supply before multifamily rent growth accelerates.
Loan modifications jumped year-over-year in March to $39.3 billion.
A Transwestern analysis said opportunities could be available for well-positioned industrial and multifamily assets.
Post-Covid volumes stopped following long-established trends.
Dollar volume surged by 62 percent.
Tariffs are causing some developers to pause projects.
Tariffs and inflation have “dramatically impacted investor sentiment.”
It could be inflation, stagflation, and maybe a recession to boot.