Analysis

Demand is expected to outpace supply in the market.

All major capital sources saw increases because of ‘growing pressure’ in markets.

With 37,000 jobs, ADP said hiring is “losing momentum.”

Still, strong elements remain.

Phillips Edison and Rosen-Harbottle had the two largest purchases.

Remote work is also a factor.

Owners and operators have experienced some relief from insurance costs and taxes.

Underlying price pressures were stable in April, but rising business input costs could be on the horizon.