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Usually there is a direct inverse relationship between rent growth and inventory growth.
One impact is that tenant reps have become more cautious about a building's loan status.
Nevada fueled 3.8% growth in 2023 while 12 states exceeded national growth average of 2%.
Borrowers are still concerned given volatility could creep back into the market.
CRE investors should look to add value, think long term, according to Marcus & Millichap.
Its 'Momentum Index' increased by 1% from Q3 2023—the first quarterly rise since Q1 2022.
Northmarq finds a spike of approximately $275 per month from the same period at the end of 2022.
Top quartile markets are averaging about 6% growthl while bottom-ranking markets are averaging cuts of roughly 4%
All regions in the US are represented on this list.
Store openings have surpassed closures by roughly 1,000 locations.