Economy

Despite global headwinds and continued turmoil in the energy sector, Houston’s economy remains in growth mode with approximately 83,000 jobs created year-over-year, and 48,000 added in second quarter alone.

Expect more of the same from the Phoenix multifamily market in the second half of the year.

Select suburban markets with strong job growth are seeing strong increases in investment activity.

Underlying hotel real estate values have held relatively steady while buyers have taken a more cautious outlook.

California state policies requiring owners reduce the carbon footprint of real estate buildings, C-PACE financing is growing in popularity.

The lower cost of living in Texas compared to other major markets, along with increased employment opportunities, creates a magnet for Millennials looking to grow careers and balance work with quality of life.

With New York City’s affordable housing crisis, the developers plan to tap into tax credits and to return more than 1,800 market-rate apartments to rent regulation.

At year 10 of a bull market, finding and retaining talent has become a top challenge for CRE companies.