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SAN DIEGO—Significant pent-up demand for apartments in a market that only transacts on average 18 trades a year over 100 units is creating a market where cap rates are among the lowest in the nation, CBRE's Rachel Parsons tells GlobeSt.com.
SAN DIEGO—Market uncertainty as well as a natural “breather” before the election were largely responsible for the 27% decrease in overall VC funding in Q3 as compared to the 10-year average in the San Diego market, JLL's Chad Urie tells GlobeSt.com.
NEW YORK CITY—Yet when broken down by avenue, and looking at office “trick-or-treating,” (i.e. relocating), there is far less horror across the submarket, according to a new—and Halloween-themed—research report.
SOUTH FLORIDA—The sector is a preferred asset class for investors looking to deploy capital in South Florida. But with so much inventory coming online, lenders are beginning to pull back.
NEW YORK CITY—Expenditures on residential and office construction—as well as on infrastructure enhancement by the government—all appear likely to soar this year and in 2017 and '18, according to a new report.