NOT FOR REPRINT
Page Printed from: globest.com/author/profile/Erika%20Morphy/?page=98
Sign In To follow
CBRE predicts a rental rate increase and a more active sales market in H2.
The sector offers greater stability than some counterparts, but challenges still exist.
Hip Austin experienced the biggest hit or 94% of its submarkets had rent cuts.
But they're not cut from one affordable mold with each having different merchandise and traffic patterns.
Builder confidence fell six points to 50 from July to August.
Amid slowing acquisitions, many are focusing on improving their operational efficiencies.
They've experienced significant year-over-four-years growth over the past four months.
Meanwhile tenants are asking about their buildings' loan health.
They have outpaced car shops, grocery stores, coffee chains and gas stations.
And three Midwestern cities follow in second, third and fourth spots as renting remains the new buying.