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One is that BTR projects will be developed in the earlier phases of a master plan.
The model is being used to test the waters and may not become permanent.
Some independents didn't make it, but many did, and they are thriving.
This is not the 1970s.
Brokers expressed concern over a delayed return to office as well as quality of life issues.
Fit out costs for base spaces ranged from $194 psf for progressive spaces to $205 psf for moderate and $212 psf for traditional fit outs.
Generation Z will quickly supplant millennials as the largest renter cohort.
The average price per unit climbed 21.6% in 2021.
The amount of capital in the market, better yields elsewhere and even demographics matter.
Vacancy rates are still ticking up in New York and San Francisco despite a recovery in utilization rates.