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In-place rents rose 7.6% year over year.
Nationally, net absorption continued to post losses in Q4 2023, driven most strongly by the West and East.
The two-tenths percentage rise snaps a six-month downward streak.
It's coming off a year when total investment volume was at its lowest point in 12 years.
Multifamily starts totaled 472,000 units in 2023, down 14% compared to the previous year.
Also the buyer pool has been comprised of a higher-than-normal share of private buyers over the past 18 months.
CMBS delinquency rates are generally low compared to prior crises.
Macy's is closing 150 stores. What does that say about retail?
Vacancy remains tight at 4.3 percent, tying 2018's record low.
61% of executives surveyed are not likely to invest in office-to-residential or mixed-use conversion projects in 2024.