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The added jobs were also concentrated in a few industries, raising the question of how broad the economic growth might be.
This could mean a new source of software and services for the industry.
High bond yields that jumped to 5%, pressuring cap rates, have fallen back since the fall of 2023.
There were some reports of strong demand for data centers, industrial and manufacturing spaces, and large infrastructure projects.
It's significantly changed and softened from the original version, but complexities could catch up CRE firms.
It's not only a useful product idea, attracting Brookfield as an early user, but an interesting way of getting it accepted.
If the economy behaves 'broadly as expected,' lowering rates this year 'will likely be appropriate,' but uncertainty is still key.
Fortunately cities have mechanisms to help them avoid a death spiral.
Accelerated demand for larger apartments falls off as everyone can get away from each other again.
Apparel dominated with luxury a major player, ultimately helping office return and hotel occupancy.