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Marcus & Millichap also forecast inbound international travel to spike.
Newmark report shows CRE unquestionably, "sold on cold" in the past two years.
NAHB respondents expressed concern about construction costs, elevated interest rates, lot availability.
New survey shows 14% had reached top positions by age 54, and 21% for those aged 55 or older.
There is little that apartment operators can do to reduce premiums.
Interior finishes are pricy and in South Florida, ready-mix concrete is expensive.
Retention is a primary objective as declining market demand has shifted power to tenants.
Profits declining despite sales increasing; hybrid work schedules hurting visit counts.
Repercussions reverberate throughout CRE.
CBRE survey shows that interest rate hikes and cap-rate expansion will peak this year.