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There was an 8.6% spike in expenses in Q2.
Retail is returning to its norm and office is well below what is typical.
There is more certainty around valuations from both buyer and seller.
Texas and Arizona are dominating recent growth trends whereas once Silicon Valley was the historic hub.
Also leases are clearly getting smaller.
But is that enough to properly position the retailer the way it needs?
Little development has meant vacancies are low and rents are climbing.
Investor home purchases fell 45% from a year ago.
Some sellers ask why invest in commercial real estate when you can get 5.5% on a six-month treasury?
Simply put, rising mortgage interest rates are a boon to apartment operators.