Globest Sectors

Office sector closes 2022 with annual net absorption of minus 1.6M SF.

REIT closes out 2022 with a $336M acquisition of 10 more infill properties.

Proposals totaling $1.2B would convert unused office space into 1,000 apartments.

32K units expected, most pre-sold to investors planning to rent them out.

"You do have to be passionate about the industry, know the current market trends and be able to talk shop," says George Craft Jr., managing shareholder of Winstead.

Yardi Matrix says a recession will likely begin in the second half of 2023.

Apartment List opines about housing inflation and why its data differs from the BLS.

Layoff of 8K comes on top of 9K in Q4 tech job losses in Bay Area.