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The Freddie Mac Multifamily AIMI increased in all markets for the third quarter.
High office vacancy rates have prompted office landlords to rethink their tenant mix.
Apartment deliveries are expected to grow 84.5% in New York and 139% in Los Angeles.
A lack of policies and enforcement is among the biggest RTO barriers.
The near-term outlook for CRE is uncertain, but the longer term view is strong.
Four key trends are shaping the industry.
Landlords are more likely to reduce rents the longer an apartment sits vacant.
Asking rents across the country increased by 1.5% following two-quarters of decreases.
Multifamily has posted five straight months of volume topping $10 billion.
After five quarters of negative net absorption, the office market is on track to absorb nearly 10 million square feet this year.