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RentCafe predicts that 57 more suburbs will flip to renter-majority over the next five years.
The hotel industry will end this year down more than $59 billion in business travel revenue compared to 2019.
Growth in emerging markets like Raleigh-Durham, Los Angeles, and Washington DC are fueling serious competition.
Single-tenant net lease assets "smooth out volatility and create predictability in a portfolio."
Meanwhile, asking rents increased by just 0.3% in the quarter to $40.36 per square foot.
Proceeds from green bond offering proceeds account for 16.4% of all capital raised through U.S. REIT debt offerings so far this year.
On the East Coast, Boston leads the way in transaction volume recovery.
Property prices grew in 24 of the 25 markets over the quarter with only New York and San Francisco showing price decreases.
Multifamily fundamentals remain solid despite a few headwinds the asset class is facing.
LEED-certified assets had a 21.4% higher average market sales price per square foot over their non-LEED counterparts over the past three years.