Capital Markets

The supply of co-living product doubled in 2018, and by 2018, supply will increase 84%.

Although the hotel industry has been operating at peak levels for several years, accelerated supply growth, which has been readily absorbed in most markets due to the expanding economy, has contributed to weaker than normal average room rate growth.

In addition to a strong workforce, and rising labor and population rates, the business climate in Texas will facilitate further growth as companies move operations to the state, adding to multifamily demand.

ICM's first private equity fund will be fully diversified across asset classes and geographies.

Summit reports that the six hotels traded will produce a net gain of $36.6 million. The six hotels in the markets of Minneapolis-St. Paul, Boston, Santa Barbara (CA), Dallas and Salt Lake City totaled 815 rooms.

Scott Brandwein, left, and Jake Ehrenberg are taking senior roles in JLL's tenant representation group.

“594 DC is a great value-add/redevelopment lease-up play that fits within Endurance's long-term sweet spot of re-positioning well-located, functional excess corporate real estate assets,” says Jared Newman, vice president of acquisitions at Endurance.

Inglewood and Haywood are the latest to pass rent control ordinances, but there could be more.