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While large banks reported unchanged lending standards for CRE loans, other banks said terms have tightened.
A post-pandemic building boom is coming to an end, with only 46 million square feet of speculative projects breaking ground in Q2.
Sixty-nine percent of properties sold to investors went to mom-and-pop investors.
On average, privately owned student housing runs around $1,000 per month per bed.
Twenty-four of the Yardi Matrix top 30 metros posted rent gains in July.
Nearly 5 million square feet of vacant new deliveries hit the life sciences market during the second quarter.
CRE participants signal increased retail development, while office development is flat and industrial takes a pause.
Demand for office space has grown for over 12 months, ending the three months through June up 17% year-over-year.
At the halfway point of the year, Cleveland, Cincinnati, Columbus and Chicago have all seen rent growth well ahead of the national average.
Multifamily distress has tripled, but context matters.