Analysis

Many of the EIN filings are by people who start something on the side or finally use the impetus of uncertain times, and perhaps a job loss, to set out on their own.

The sublease supply has increased more than 1.5 million square feet since the start of the pandemic.

The first quarter numbers were particularly low due to a lack of high-profile, blockbuster deals.

Despite the glut of supply, high-end office assets continue to command investor confidence.

The pandemic still looms large and may pose a threat to the progress made so far, and by extension could affect home sales and prices.

In most metros, occupancy and rents have already risen above first quarter 2020 numbers, according to Yardi.

Last year, 50,000 new homes were added to the single-family rental market.

The percentage of loans with occupancy under 80% rose substantially in these markets.