In some markets, demand has “fallen off a cliff” and some employers “hoping for a recession.”
EAH Housing and the City of Santa Monica expect the 58-unit community to be completed in late 2023.
No, Ten-X’s Peter Muoio tells GlobeSt.com—the movement was mixed across the property segments, and rising interest rates and increasing supply in certain segments and markets could pressure NOI and therefore prices.
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